In Bangkok, many creative startups are changing different industries. This list shares the top 3 unicorns in Bangkok, each worth more than $1 billion. These leading companies are changing areas like, fintech, e-commerce, AI, etc, making Bangkok a center of innovation. Learn about the amazing companies that call Bangkok home.
List of Top 3 Unicorns in Bangkok
1. Ascend Money
Thai fintech company providing digital financial services and mobile payments
Company Details:
- Country: Thailand
- Valuation: $1.50B
- Industry: Fintech
- Founded Year: 2013
- Total Funding Raised: $150M
- Joined Unicorn Club: 9/27/2021
- Key Investors: Ant Group, Charoen Pokphand Group, Bow Wave Capital
- Total Investors: 3
- Total Funding Deals: 1
- Website: https://www.ascendmoney.com/
2. LINE MAN Wongnai
Thai on-demand delivery and food review platform operating under the LINE group
Company Details:
- Country: Thailand
- Valuation: $1.00 B
- Industry: E-commerce & direct-to-consumer
- Founded Year: –
- Total Funding Raised: –
- Joined Unicorn Club: 9/26/2022
- Key Investors: BRV Capital Management, Bualuang Ventures
- Total Investors: –
- Total Funding Deals: –
- Website: https://lineman-wongnai.line.me/
3. Flash Express
Flash Express is a Thai logistics company that provides fast and reliable delivery services to businesses and individuals.
Company Details:
- Country: Thailand
- Valuation: $1B
- Industry: Supply chain, logistics, & delivery
- Founded Year: 2017
- Total Funding Raised: $360M
- Joined Unicorn Club: 2/1/2021
- Key Investors: SCB 10X, Krungsri Finnovate, eWTP Capital
- Total Investors: 10
- Total Funding Deals: 2
- Website: https://www.flashexpress.co.th/en
Conclusion
In conclusion, the top 3 unicorns we’ve explored are just a glimpse into the many success stories that continue to emerge from Bangkok. As these companies reshape industries and set new standards, Bangkok is sure to secure its place as a global leader in innovation and growth.