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Download The List of the 100 Highest-Valued Unicorns

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The Founder's Handbook

Top 11 Startups in Thailand in 2024

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There’s no doubt that the startup scene in Thailand is unique.

The country has created dozens of successful startups, over the years.

Some of them are already worth billions of dollars.

So whether you’re looking to start your own business, or just interested in learning about fast-growing startups from Thailand, here’s an extensive list of 11 startups founded there.


11 Startups in Thailand

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2,189 Accelerators & Incubators

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1,016 Unicorns

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1,190 Unicorns

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250 FinTech Investors

List of startup investors in the FinTech industry, along with their Twitter, LinkedIn, and email addresses.

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1) Flash Express

Flash Express

Flash Express is a logistics and transportation firm that provides door-to-door pickup and delivery.

Details of the startup:

  • State: Krung Thep
  • City: Bangkok
  • Started in: 2017
  • Founders: Di Weijie, Komsan Lee
  • Industries: Courier Service, Delivery Service, E-Commerce, Freight Service, Logistics, Transportation
  • Number of employees: 10001+
  • Funding: $350,000,000
  • Funding rounds: 3
  • Number of investors: 10 (Buer Capital, Gaorong Capital, SCB 10X, PTT Oil and Retail Business Public Company, Krungsri Finnovate)

You can find their website here.

2) Pomelo Fashion

Pomelo Fashion

Pomelo is a contemporary fashion label with a unique sense of style and an unbeatable pricing.

Details of the startup:

  • State: Krung Thep
  • City: Bangkok
  • Started in: 2013
  • Founders: Casey Liang, David Jou
  • Industries: E-Commerce, Fashion, Women's
  • Number of employees: 101-250
  • Funding: $83,600,000
  • Funding rounds: 6
  • Number of investors: 18 (500 Startups, JD.com, InnoVen Capital, Pegasus Tech Ventures, Jungle Ventures)

You can find their website here.

3) aCommerce

aCommerce

aCommerce is an e-Commerce enabler that offers brands complete end-to-end solutions.

Details of the startup:

  • State: Krung Thep
  • City: Bangkok
  • Started in: 2013
  • Founders: Paul Srivorakul, Peter Kopitz
  • Industries: E-Commerce, Information Technology, Internet, Logistics
  • Number of employees: 501-1000
  • Funding: $118,800,000
  • Funding rounds: 8
  • Number of investors: 16 (MDI Ventures, CyberAgent Capital, Kohlberg Kravis Roberts, NTT DOCOMO Ventures, January Capital)

You can find their website here.

4) Omise

Omise

Omise is an online payment platform that allows businesses to take payments over the internet in a simple and safe manner.

Details of the startup:

  • State: Krung Thep
  • City: Bangkok
  • Started in: 2013
  • Founders: Ezra Don Harinsut, Jun Hasegawa
  • Industries: Financial Services, FinTech, Mobile Payments, Payments
  • Number of employees: 251-500
  • Funding: $100,400,000
  • Funding rounds: 8
  • Number of investors: 21 (Global Brain Corporation, East Ventures, 500 Startups, SBI Investment, SMBC Venture Capital)

You can find their website here.

5) Eatigo

Eatigo

Eatigo is a Southeast Asian web platform that provides an application for online restaurant reservations.

Details of the startup:

  • State: Krung Thep
  • City: Bangkok
  • Started in: 2013
  • Founders: Judy Tan, Michael Cluzel, Pumin Yuvacharuskul, Siddhanta Kothari
  • Industries: Apps, E-Commerce, Food and Beverage, Reservations, Restaurants
  • Number of employees: 51-100
  • Funding: $25,500,000
  • Funding rounds: 3
  • Number of investors: 1 (TripAdvisor)

You can find their website here.

6) FoodStory

FoodStory

From farm to fork, FoodStory is a comprehensive restaurant management software.

Details of the startup:

  • State: Krung Thep
  • City: Bangkok
  • Started in: 2012
  • Founders: Chawin Supawong, Thagoon Chartsutipol
  • Industries: Food Delivery, Management Information Systems, Point of Sale, Restaurants
  • Number of employees: 51-100
  • Funding: $1,000,000
  • Funding rounds: 2
  • Number of investors: 3 (Wongnai, Beacon Venture Capital, JWD Group)

You can find their website here.

7) Band Protocol

Band Protocol

Connecting smart contracts to external data and APIs via a decentralized cross-chain data oracle

Details of the startup:

  • State: Samut Sakhon
  • City: Ban Khlong Tan
  • Started in: 2017
  • Founders: Paul Nattapatsiri, Soravis Srinawakoon, Sorawit Suriyakarn
  • Industries: Computer, Software
  • Number of employees: 11-50
  • Funding: $7,850,000
  • Funding rounds: 4
  • Number of investors: 10 (Sequoia Capital India, ZBS CAPITAL, Binance Labs, The Spartan Group, ICONIUM)

You can find their website here.

8) AppMan

AppMan

AppMan is a leading insurtech for life insurance in Thailand and the Asian market, offering technologies to improve sales experience.

Details of the startup:

  • State: Krung Thep
  • City: Huai Khwang
  • Started in: 2011
  • Founders: Amarit Franssen, Nuttapon Kongkitimanon, Pak Rattidham, Thanapoom Chareonsiri
  • Industries: Apps, Auto Insurance, FinTech, Health Insurance, Insurance, InsurTech, Life Insurance, Sales, Sales Automation, Software
  • Number of employees: 101-250
  • Funding: THB139,000,000
  • Funding rounds: 1
  • Number of investors: 5 (Krungsri Finnovate, Siam Alpha Equity, KTBST Securities, POEMS Ventures, Cassette)

You can find their website here.

9) Aviasales

Aviasales

Aviasales.ru is a website that allows you to look for airline tickets online.

Details of the startup:

  • State: Phuket
  • City: Phuket
  • Started in: 2007
  • Founders: Konstantin Kalinov
  • Industries: Hospitality, Tourism, Transportation, Travel
  • Number of employees: 251-500
  • Funding: $10,000,000
  • Funding rounds: 1
  • Number of investors: 1 (iTech Capital)

You can find their website here.

10) Line Man

Line Man

Line Man is an all-in-one assistant software that provides professional services to help you with your daily tasks.

Details of the startup:

  • State: Phuket
  • City: Phuket
  • Started in: 2016
  • Industries: Delivery Service, Food Delivery, Taxi Service
  • Number of employees: 51-100
  • Funding: $110,000,000
  • Funding rounds: 1
  • Number of investors: 1 (BRV Capital)

You can find their website here.

11) Fastwork

Fastwork

Fastwork is the largest professional freelancing platform in Southeast Asia.

Details of the startup:

  • State: Krung Thep
  • City: Bangkok
  • Started in: 2015
  • Founders: Apon Palanuwech, Ben Vibhagool, Jerd Phichitkul, Vasa Iamsuri
  • Industries: Crowdsourcing, Enterprise Software, Freelance, Outsourcing
  • Number of employees: 51-100
  • Funding: $5,505,000
  • Funding rounds: 4
  • Number of investors: 9 (500 Startups, Tekton Ventures, CyberAgent Capital, Partech, Gobi Partners)

You can find their website here.

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