InVent

InVent is a corporate venture capital project of the Intouch Group which invests in high-growth companies with emphasis on potential value creation to the group business. A pioneer investor since the starting days of the tech startup ecosystem in Thailand, InVent has an annual fund size of approximately $7 million. Invent invests in products and services that are related to the group’s business such as mobile phone related businesses, telecommunications and infrastructure, IT related businesses, cloud computing, internet applications, and digital media and contents. InVent will also focus its investments in products and services that can support the group’s business competitiveness and enhance customer experience.

Pongwut Ittipoonsawat

Associate

Past deals in Thailand

Igloo

Series A in 2020
Igloo is a full-stack insurtech firm based in Singapore, with additional offices across Southeast Asia, including Indonesia, Thailand, the Philippines, Vietnam, and Malaysia, as well as tech centers in China and India. Founded with the mission to make insurance accessible for all, Igloo utilizes artificial intelligence and big data for real-time risk assessment and automated claims management. The company specializes in business-to-business-to-consumer insurance solutions, providing services that help platform and insurance companies mitigate operational risks, generate new revenue streams, and enhance existing products and services. Igloo has established partnerships with over 55 prominent brands across various industries, including telecommunications, e-commerce, hospitality, health tech, and financial services, demonstrating its commitment to innovation and accessibility in the insurance sector.

Wongnai

Series B in 2016
Wongnai.com is a Thailand-based restaurant review website and mobile application, much like Yelp in the US. Wongnai (which means "insider" in Thai) allows users to search for restaurants by location or category. Users can browse through restaurant information, user reviews, and photos from over 100,000 restaurants in Thailand. Wongnai's location-based application is available on various smartphone platforms such as in iOS, Android, Windows Phone and Blackberry.

Golfdigg co.,ltd.

Series A in 2015
Golfdigg Co., Ltd. is a leading online golf booking platform based in Bangkok, Thailand, founded in 2014. The company specializes in providing a mobile application that facilitates golf bookings and offers various deals related to golfing experiences. With access to over 100 golf courses and a range of leisure activities across Thailand, Golfdigg aims to enhance the experience of golfers by simplifying the booking process and promoting local golf venues.

Ookbee

Series A in 2012
Ookbee Group is the largest storytelling ecosystem in Thailand, focusing on user-generated content platforms that resonate with younger audiences. It operates several notable platforms, including Joylada, Tunwalai, Ookbee, Fictionlog, Storylog, Beeber, and Fungjai, which encompass a broad range of content such as novels, e-books, music, and live-streaming videos. The company provides a digital publication platform that enables users to create, share, and monetize their own content. It also offers a comprehensive bookstore featuring a variety of free and paid materials, including magazines, newspapers, fiction and non-fiction books, audiobooks, and online courses. Additionally, Ookbee's payment gateway facilitates the publishing, distribution, and sale of digital publications to a global audience, fostering a vibrant ecosystem for both creators and consumers.
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