Top 3 Unicorn Companies in Thailand

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Thailand, a nation with a rich history of innovation and entrepreneurship, has witnessed an incredible surge in the number of unicorns – privately held start-up companies valued at over $1 billion – in recent years. With the rapid growth of the Thailand economy and the rise of disruptive technologies, these 3 unicorn companies have become the driving force behind the nation’s rise as a global powerhouse.

So without any delay, let’s get started and discover the world of Thailand’s unicorn companies!

List of 3 Unicorns in Thailand

1. Ascend Money

Thai fintech company providing digital financial services and mobile payments

Company Details:

  • Valuation: $1.50B
  • Investors Name: Ant Group, Charoen Pokphand Group, Bow Wave Capital
  • City: Bangkok
  • Industry: Fintech
  • Total Funding Raised: $150M
  • Founded Year: 2013
  • Joined Unicorn Club: 9/27/2021
  • Total Investors:
  • Total Deal Terms: 1
  • Website:

2. LINE MAN Wongnai

Thai on-demand delivery and food review platform operating under the LINE group

Company Details:

  • Valuation: $1.00 B
  • Investors Name: BRV Capital Management, Bualuang Ventures
  • City: Bangkok
  • Industry: E-commerce & direct-to-consumer
  • Total Funding Raised: –
  • Founded Year: –
  • Joined Unicorn Club: 9/26/2022
  • Total Investors:
  • Total Deal Terms: –
  • Website:

3. Flash Express

Flash Express is a Thai logistics company that provides fast and reliable delivery services to businesses and individuals.

Company Details:

  • Valuation: $1B
  • Investors Name: SCB 10X, Krungsri Finnovate, eWTP Capital
  • City: Bangkok
  • Industry: Supply chain, logistics, & delivery
  • Total Funding Raised: $360M
  • Founded Year: 2017
  • Joined Unicorn Club: 2/1/2021
  • Total Investors:
  • Total Deal Terms: 2
  • Website:


In conclusion, Thailand’s top 3 unicorns showcase the nation’s innovative power and economic growth. These companies are making a global impact and reshaping industries. Keep an eye on these trailblazers, as they continue to redefine success in the ever-evolving world of innovation.

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