Thailand Startup Ecosystem
Jan 26, 2015
Thailand Startup Ecosystem
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
What are you thinking of Thailand?
Tourism Agriculture
How about IT industry?
Agenda
Thailand Market Situation Key player in Startup Ecosystem
PaymentInfrastructure
Rising Startups
Thailand Market Situation
Number of population (2012 Est.) : 67,091,089
Internet Users (2000) : 2,300,000
Internet Users (June 2012) : 20,100,000Penetration (% Population) : 30%
Source: http://www.internetworldstats.comNational Statistical Office of Thailand
Internet Users
Facebook Users (Mar 2013) : 18,202,320 Users
% of population : 27.13%
% of online population : 124.21%
Facebook users
51%49%
Mobile Users (Sub.)
Q1/2013 Growth Rate
Total 87,445,730 4.10%
Prepaid 76,508,667 3.08%
Postpaid 10,937,063 11.8%
Mobile Market Share(Q1 2013)
Source : nbtc.go.th
Mobile Penetration 128.77%
Mobile Users
41.49% 29.54% 20.7%
Others 8.27%
Non voice revenue is growing up(Q3 2012)
Source : nbtc.go.th
Mobile Nonvoice Revenue
SmartphoneForecast Number of Smartphone sales in 2013
7.5 million units
Android 68% shareiOS 18% sharethen Windows Phone 8 and Blackberry 10% [GFK]
PaymentInfrastructure
No. of Bank
Account Amount< 50,000 THB 69,811,220 343,349 50,000 - 100,000 THB 3,531,025 251,192100,000 - 200,000 THB 2,800,111 390,017200,000 - 500,000 THB 2,420,937 764,728500,000 - 1,000,000 THB 1,116,753 809,0761,000,000 - 10,000,000 THB 1,101,557 2,804,04310,000,000 - 25,000,000 THB 58,940 893,97025,000,000 - 50,000,000 THB 17,862 637,789
50,000,000 - 100,000,000 THB 7,390 522,180100,000,000 - 200,000,000 THB 3,026 424,494200,000,000 - 500,000,000 THB 1,558 487,053> 500,000,000 THB 740 1,123,671Total 80,871,119 9,451,562Source : Bank of Thailand (March 2013)
Bank Accounts
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
Payment Gateway/ Ewallet
http://123.co.th
Key Playerin
Startup Ecosystem
Venture Capital
Incubator/Accelerators
Co-working Space
TrainingKnowledge Hub
Media
Startup Ecosystem
http://www.ookbee.com/
• Makes early stage investments in high potential businesses focused on e-commerce. • Strategic investment from Siemer Ventures (USA), Recruit Strategic Partners “RSP”
(Japan) and GMO Venture Partners (Japan)
Incubator/Accelerators
Want to create our own product or platform
Project-basedOutsourcing
Past few years……
The rising of startup community
Now
Thai Tech Startup
Early Stage
Varieties
Sample Success Stories
Poramet MinsiriWeb Portal(2000)
Ecommerce Site
(2001)
Business Area Founder Stories
• Acquired by MWEB • Now owned by Tencent
Pawoot Pongvitayapanu • Taken over by Rakuten
Online HotelReservation
(1997)
Michael Kenny(TH -> SG)
• Acquired by Priceline.com
Sample Success Stories
Paul SrivorakulTom 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 Platform
(2010)
Yod ChinsupakulPattrawoot Suesatayasilp
• Secured series A funding from Recruit Strategic Partners(RSP)
Rising Stars
• Platform-based business model
• The new cloud platform for Smart TVs, VoiP, healthcare solutions, and lots more.
• Software House, System Integrator (SI) and developer could make use of it to power advert screens, home automation for lights or electronics, web TV, video-on-demand, and video conferencing.
• Developed by theVCgroup which is the partner of Foxconn.
http://thevcgroup.com
• SocialEnable is a powerful Social Media Management Tools which allows user to manage various social media channels from one application. This application contains incident, campaign management and measurement features to let an enterprise go beyond Social Media Marketing 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
http://socialenable.com
http://builk.com
• Builk.com is a professional social network connecting construction professionals through their business activities e.g. budgeting, job costing, purchasing, invoicing and site collaboration. Construction 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.
• Digio has successfully implemented the first ever mobile EMV-certified card payment platform in Asia together with Kasikorn Bank, the leading digital bank in the region.
http://digio.co.th
Thailand Market SituationImproved 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 competitive differentiation
Thai Tech Startup1. Time for education and knowledge sharing
(Turn technology into Business) 2. Seed funding3. Connection
Summary
Oranuch LerdsuwankijCo-founder of thumbsup.in.thTwitter: @mimeeEmail : [email protected] : http://thumbsup.in.th