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Today: July 14, 2024
June 30, 2024
1 min read

Thai Startups Eyeing IPOs with Growing Investor Backing

TLDR:

  • Thai startups are increasingly aiming for IPOs with support from venture capital firms and big companies
  • One of the companies looking at a public offering is SkillLane, Thailand’s top provider of online self-study programs

Thailand’s startup ecosystem has experienced significant growth as venture capital firms and big companies, both domestic and foreign, have thrown their support behind the country’s emerging startups. One such company gearing up for a public offering is SkillLane, a leading provider of online self-study programs in Thailand. Investors in SkillLane include Japan’s CyberAgent Capital, the venture capital arm of digital advertising company CyberAgent.

This trend of Thai startups aiming for IPOs reflects the maturing and expanding landscape of the country’s startup scene. With increased funding and support from investors, these startups are poised to make a significant impact on the local economy and potentially expand regionally and globally.

Overall, the growing interest in Thai startups going public signifies a promising future for the country’s entrepreneurial ecosystem.

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