Tuesday, July 07, 2020

Thai start-ups pitch to investors online via ‘Meet the Angels’ forum

May 07. 2020
Sam Tanskul, managing director of Krungsri Finnovate
Sam Tanskul, managing director of Krungsri Finnovate
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By The Nation

Krungsri bank’s start-up incubator has launched an online service to match entrepreneurs with investors during the Covid-19 crisis.  

Krungsri Finnovate’s “Meet the Angels” forum allows start-ups to make virtual pitches twice a month to investors during the lockdown period and beyond.

“We realise the magnitude of the challenges in this time of crisis, in particular for new rising start-ups,” said Sam Tanskul, managing director of Krungsri Finnovate. 

“However, we are well aware that potential and capability are rarely an issue for Thai start-ups when it comes to driving their growth. Funding, on the other hand, could be their main obstacle. We are therefore leveraging our network of established investors – whose focused goal is to invest in high potential businesses – to maximise benefits for all parties involved by facilitating business matching between start-ups and angel investors through virtual pitching. At this online event, start-ups can pitch their business ideas to angel investors while receiving real-time feedback so as to find their right match for further business expansion.”

The virtual pitch is running twice a month (every other Wednesday), from 8pm to 10pm. The first event, on April 29, received positive feedback from almost 100 Thai start-ups and angel investors. For each virtual pitching session, Krungsri Finnovate will select 5-6 start-up teams to pitch to participating angel investors and be available to offer consultation to them.

For more information, visit https://www.facebook.com/KrungsriFinnovate/.

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