500 TukTuks

Founded in 2015, 500 TukTuks is a venture capital firm based in Bangkok, Thailand. It manages a $15M USD micro-fund focused on investing in seed-stage and early-stage startups across Southeast Asia, with a particular interest in fashion, beauty, e-commerce, software, and TMT sectors.

Pahrada Sapprasert

Partner

Past deals in Thailand

Globish Academia (Thailand)

Series A in 2022
Globish Academia (Thailand) Company Limited is an online English learning platform dedicated to enhancing English proficiency among children and adults in Thailand. Founded in 2014 and headquartered in Bangkok, the company offers a unique focus on situation-based conversational English through various learning formats, including live one-on-one sessions, group classes, and webinars led by international coaches. In addition to its core educational offerings, the company provides digital platform solutions that allow educational institutions to integrate effective English learning into modern lifestyles. With a vision to empower Thais to speak English confidently, Globish Academia aims to address the challenges related to English proficiency in Thailand and support individuals in engaging globally.

Salary Hero

Seed Round in 2022
Salary Hero is a financial health platform tailored for the Thai workforce, designed to enhance employee well-being through a comprehensive suite of financial tools. These include Salary on Demand, financial education resources, budgeting tools, and high-interest savings options. The platform seamlessly integrates with existing HR processes, facilitating efficient implementation and management. By utilizing Salary Hero, employers can achieve significant cost savings through reduced employee turnover, quicker recruitment, and an overall boost in employee satisfaction and productivity. The service aims to alleviate financial stress for employees, promoting greater financial independence and contributing to a more positive workplace environment.

Funding Societies

Venture Round in 2021
Funding Societies, established in 2015 and headquartered in Singapore, operates a digital financing platform that connects small and medium-sized enterprises (SMEs) with investors. The company facilitates business loans, focusing on quick and efficient financing solutions, often bypassing traditional banking methods. It offers a range of flexible financing options, including micro and term loans, and invoice financing, using advanced credit scoring and risk assessment models. With operations across Southeast Asia, including Singapore, Malaysia, Indonesia, and Thailand, Funding Societies caters to SMEs seeking accessible and timely financing.

Tourkrub

Series B in 2020
Tourkrub is an online platform based in Thailand that specializes in outbound tour packages. It offers a wide selection of international tours with user-friendly search and booking facilities, catering to both travel agents and individual tourists.

Bellugg

Series A in 2019
Bellugg is an on-demand luggage delivery service operating in Bangkok and Pattaya, Thailand. The company provides baggage delivery between airports and hotels, allowing travelers to skip queues and avoid carrying heavy bags during their trip. Customers can arrange to have luggage stored or picked up and delivered to a hotel or airport, with real-time status tracking to monitor progress. By simplifying baggage handling, Bellugg aims to deliver a more convenient travel experience and reduce waiting time for travelers at transit points.

Siamcardeal

Seed Round in 2019
SiamCarDeal is an online platform based in Bangkok, Thailand, that specializes in providing automotive digital services. Founded in 2016, the company facilitates the buying and selling of vehicles by connecting consumers with official dealers. Its platform offers comprehensive information about various types of cars, including listings from dealers willing to provide discounts. By streamlining the car transaction process, SiamCarDeal aims to enhance the experience for clients looking to purchase or sell vehicles, while also offering news and knowledge related to the automotive industry.

Tourkrub

Series A in 2018
Tourkrub is an online platform based in Thailand that specializes in outbound tour packages. It offers a wide selection of international tours with user-friendly search and booking facilities, catering to both travel agents and individual tourists.

Ricult

Seed Round in 2018
Founded in 2015, Ricult operates an online marketplace connecting farmers with input suppliers and crop buyers. Its platform uses data analytics, including credit scoring algorithms and predictive tools, to facilitate transactions based on farmer's creditworthiness. It also provides farm management insights using GIS, remote sensing, and weather studies to enhance yields. Additionally, the platform offers loan services.

WishBeer

Seed Round in 2018
Wishbeer is a leading omni-channel beer company based in Thailand, specializing in the e-commerce sale of craft beer and a variety of alcoholic beverages. The company offers an extensive selection that includes craft beer, wine, cider, and beer glasses, catering to the growing demand for quality beverages among consumers. Through its online platform, Wishbeer provides a convenient shopping experience, allowing customers to access a diverse range of products from the comfort of their homes. By focusing on both e-commerce and a comprehensive product assortment, Wishbeer has established itself as a prominent player in Thailand's alcoholic beverage market.

Drivemate

Seed Round in 2017
Drivemate is a prominent peer-to-peer car sharing service operating in Thailand. The company allows vehicle owners to list their cars for rent, providing an opportunity for these vehicles to generate income while being underutilized. Drivemate ensures trust and security for both parties through comprehensive insurance coverage and dedicated customer service. The platform facilitates convenient car rentals with no hidden charges, enabling renters to easily find and book vehicles based on features like variety and proximity to their location.

Dealcha!

Seed Round in 2017
Dealcha.com is Thailand's first cashback website, designed to provide users with the opportunity to earn free cash from their online shopping activities. The platform allows users to register for free, select from various partner online stores, and shop, earning a percentage of their purchases credited back to their Dealcha! cashback account. This cashback is available in addition to any promotions, credit card discounts, or coupon codes utilized during the shopping process. Users can then redeem their accumulated cashback as actual cash without any fees. The company aims to enhance the online shopping experience by offering competitive deals and cashback opportunities, making it a valuable resource for consumers looking to maximize their savings.

SkillLane

Venture Round in 2017
SkillLane is an online educational platform based in Thailand that focuses on self-paced e-learning, catering primarily to young professionals seeking to enhance their practical skills. The platform offers a variety of courses developed by experts in their respective fields, allowing users to learn and acquire new knowledge at their convenience, regardless of time or location. Additionally, SkillLane provides companies with the opportunity to select courses for their employees, fostering skill development that can drive organizational success. Through its innovative approach to online learning, SkillLane aims to empower individuals and organizations to reach their full potential.

Tourkrub

Seed Round in 2016
Tourkrub is an online platform based in Thailand that specializes in outbound tour packages. It offers a wide selection of international tours with user-friendly search and booking facilities, catering to both travel agents and individual tourists.

Piggipo

Seed Round in 2016
Piggipo is a Thailand-based company that specializes in developing a credit card management application designed to assist users in effectively managing their credit card spending and payment schedules. The application offers a user-friendly interface that securely tracks expenses and alerts users to upcoming payment due dates, thereby helping them avoid overuse of credit cards. By simplifying the monitoring of multiple credit cards, Piggipo aims to save users both time and money while promoting better financial management.

Nuren Group

Series A in 2016
Nuren Group is a leading technology company, which is female-led and VC-funded. We are the leading ecommerce & digital content provider, focusing on parenting education, maternity wellness and women livelihood. Our digital products include Motherhood, Kelabmama, Ibuencer & the recently launched Motherhood Parenting Superapp. To date, our community consist of 5,000+ merchants/brands and 5 million+ active users across 3 countries (Malaysia, Singapore, Thailand). Nuren Group is a strong supporter on women-in-tech and career-comeback-program. Our mission is to build an innovative and AI-driven platform to effectively deliver sustainable, quality health, wellness and education to our community of mothers and children. With this, we are aiming to drive growth in our domestic digital economy through technology adoption, as well as increasing digital export sales, by becoming the tech-enablers and superapp bridging the engagement between brands and our community across Southeast Asia. We currently hire 50+ knowledge workers who specialize in AI, big data, digital media and ecommerce space. Under the leadership of Petrina (CEO & Founder), Nuren Group is fortunate to have received backing & support from corporates and venture capital firms. Throughout the years, Petrina and the company has also received awards & recognitions such as Southeast Asia Top 50 Rising Women in Tech 2021, Top 12 Best Startup in Asia 2019, MVCA Outstanding Women Entrepreneur 2018, APICTA Malaysia Award 2017, Inti Alumni Young Entrepreneur of the Year Award 2016.

Omise

Seed Round in 2015
Omise Co., Ltd. is a Bangkok-based company founded in 2013 that develops and operates an online payment platform designed for seamless integration on both web and mobile. The platform facilitates money transfers to third-party bank accounts, enables refunds to customers, and allows users to store payment information for future transactions. Omise caters to businesses by offering a variety of payment processing solutions, addressing the challenges faced by online stores in Thailand, Japan, and Singapore, where the existing payment systems often require cumbersome documentation and high fees. The company aims to simplify the payment process, enabling instant acceptance of credit and debit card payments, as well as bill payments through online banking and ATMs. Omise also provides APIs for developers, ensuring easy integration and high security standards, as evidenced by its compliance with PCI-DSS 3.1. The company's mission is to enhance the online payment experience, bridging the gap between physical and digital transactions for both merchants and consumers.
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