SCB10X, the corporate venture capital (CVC) arm of Thailand’s financial services group SCBX, is looking to actively invest in startups even as other VC investors might be holding back because of the current market turmoil.
“During the time that nobody wants to invest, it is the best opportunity to pick up great startups with attractive valuations,” Mukaya (Tai) Panich, the newly appointed CEO of SCB10X, told DealStreetAsia in an exclusive interaction.