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Thailand Startup Ecosystem
The document discusses the startup ecosystem in Thailand, highlighting crucial statistics about internet and mobile usage, as well as the growth of startups and payment infrastructures. It showcases successful startups and key players in the ecosystem, including venture capitalists, incubators, and innovative solutions developed by local tech companies. Additionally, it emphasizes the importance of education, seed funding, and connections in fostering a vibrant startup culture in Thailand.
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Thailand Startup Ecosystem
- 1. Thailand Startup Ecosystem
- 3. Oranuch Lerdsuwankij Co-‐founder of thumbsup.in.th Twi?er: @mimee Email : mimee@thumbsup.in.th Website : h?p://thumbsup.in.th
- 4. Who is ? 1st Startup Event in Thailand “Start it Up, Power it Up” TV Show thumbsup.in.th Official Partnership with Econsultancy We are the pioneer of Startup Media in Thailand
- 5. What are you thinking of Thailand? Tourism Agriculture
- 6. How about IT industry?
- 7. Agenda Thailand Market SituaJon Key player in Startup Ecosystem Payment Infrastructure Rising Startups
- 8. Thailand Market SituaJon
- 9. Number of populaHon (2012 Est.) : 67,091,089 Internet Users (2000) : 2,300,000 Internet Users (June 2012) : 20,100,000 PenetraHon (% PopulaHon) : 30% Source: hVp://www.internetworldstats.com NaHonal StaHsHcal Office of Thailand Internet Users
- 11. Facebook Users (Mar 2013): 18,202,320 Users Facebook users 51% 49%
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- 13. Non voice revenue is growing up (Q3 2012) Source : nbtc.go.th Mobile Nonvoice Revenue
- 14. Smartphone Forecast Number of Smartphone sales in 2013 7.5 million units Android 68% share iOS 18% share then Windows Phone 8 and Blackberry 10% [GFK]
- 15. The Thumb Culture Chat More Talk Less
- 16. Young children are 'becoming addicted' to tablets
- 17. One Tablet Per Child hVp://www.otpc.in.th
- 18.
- 19. No. of BankAccount Amount < 50,000 THB 69,811,220 343,349 50,000 - 100,000 THB 3,531,025 251,192 100,000 - 200,000 THB 2,800,111 390,017 200,000 - 500,000 THB 2,420,937 764,728 500,000 - 1,000,000 THB 1,116,753 809,076 1,000,000 - 10,000,000 THB 1,101,557 2,804,043 10,000,000 - 25,000,000 THB 58,940 893,970 25,000,000 - 50,000,000 THB 17,862 637,789 50,000,000 - 100,000,000 THB 7,390 522,180 100,000,000 - 200,000,000 THB 3,026 424,494 200,000,000 - 500,000,000 THB 1,558 487,053 > 500,000,000 THB 740 1,123,671 Total 80,871,119 9,451,562 Source : Bank of Thailand (March 2013) Bank Accounts
- 20. The total number of credit cards (Y2011) stood at 15.3 million cards, increasing by 8% from 14.2 million cards in Y2010. Credit Card Users
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- 23. Key Player in Startup Ecosystem
- 24. Venture Capital Incubator/Accelerators Co-‐working Space Training Knowledge Hub Media Startup Ecosystem
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- 27. • Makes early stage investments in high potenHal businesses focused on e-‐commerce. • Strategic investment from Siemer Ventures (USA), Recruit Strategic Partners “RSP” (Japan) and GMO Venture Partners (Japan)
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- 30. Want to create our own product or plagorm Project-‐based Outsourcing Past few years……
- 31. The rising of startup community Now
- 32. Thai Tech Startup Early Stage VarieHes
- 33. Sample Success Stories Poramet Minsiri Web Portal (2000) Ecommerce Site (2001) Business Area Founder Stories • Acquired by MWEB • Now owned by Tencent Pawoot Pongvitayapanu • Taken over by Rakuten Online Hotel ReservaHon (1997) Michael Kenny (TH -‐> SG) • Acquired by Priceline.com
- 34. Sample Success Stories Paul Srivorakul Tom Srivorakul Social Commerce/Deals (2009) E-‐Book Store (2010) Business Area Founder Stories • Acquired by LivingSocial Management of IT WORKS • Raised 2M USD from Invent Restaurant Review Plagorm (2010) Yod Chinsupakul PaVrawoot Suesatayasilp • Secured series A funding from Recruit Strategic Partners (RSP)
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- 36. • Plagorm-‐based business model • The new cloud plagorm for Smart TVs, VoiP, healthcare soluHons, and lots more. • Sonware House, System Integrator (SI) and developer could make use of it to power advert screens, home automaHon for lights or electronics, web TV, video-‐ on-‐demand, and video conferencing. • Developed by theVCgroup which is the partner of Foxconn. hVp://thevcgroup.com
- 37. • SocialEnable is a powerful Social Media Management Tools which allows user to manage various social media channels from one applicaHon. This applicaHon c o n t a i n s i n c i d e n t , c a m p a i g n management and measurement features to let an enterprise go beyond Social Media MarkeHng with Social CRM. • Developed by Computerlogy which is selected as one of Facebook PMD in Apps and they are the winner of Facebook World Hack 2012 in Jakarta hVp://socialenable.com
- 38. hVp://builk.com • Builk.com is a professional social network connecHng construcHon professionals through their business acHviHes e.g. budgeHng, job cosHng, purchasing, invoicing and site collaboraHon. ConstrucHon companies work for FREE and connect to their suppliers, designers and customers easier. • Received US$400,000 in investment from Project Planning Service PLC as strategic partners.
- 39. • Digio has successfully implemented the first ever mobile EMV-‐cerHfied card payment plagorm in Asia together with Kasikorn Bank, the leading digital bank in the region. hVp://digio.co.th EMV stands for Europay, MasterCard and Visa, a global standard for inter-‐operaHon of integrated circuit cards
- 40. Thailand Market SituaJon Improved internet access by 3G & 4G LTE from Mobile Operators • Increase number of internet Users • Reduce digital divide • Create more business opportunity Mobile operators try to create compeHHve differenHaHon Thai Tech Startup 1. Time for educaHon and knowledge sharing (Turn technology into Business) 2. Seed funding 3. ConnecHon Summary
- 41. Oranuch Lerdsuwankij Co-‐founder of thumbsup.in.th Twi?er: @mimee Email : mimee@thumbsup.in.th Website : h?p://thumbsup.in.th