Krungsri Finnovate, the corporate venture capital (VC) arm of Thai banking group Krungsri, is planning to inject at least 1.5 billion baht ($43 million) in local and other Southeast Asian startups through its investment vehicles in 2023.
The Bangkok-based fintech investor also aims to launch a 300-million-baht ($8 million) early-stage fund by the second quarter of next year, according to Sam Tanskul, Managing Director of Krungsri Finnovate, in an exclusive interview with DealStreetAsia recently.