It is undeniable that startups with flexibility, flexibility and adaptability But the obstacles that hold many startups are still not fully growing. This may be because there are no factors that promote startups to reach their point or the infrastructure support is not good enough to fully grow.
When asked why Thai startups have the opportunity to develop and grow in a positive direction, Mr. Sam Tansakul, Managing Director of Krungsri Finnovate Co., Ltd. revealed that if considering the statistics, it was found that since 2015, Thai startups are strong. Increasingly, in 2020, investment in startups has grown more than 3 times from normal and is expected in 2022 to grow 50% more than this year, with the first Thai unicorn like Flash Express that reflect success and the trend that many Thai startups Has the potential to expand from the country to the region
The numbers of success and these positive factors were analyzed by Krungsri Finnovate because of two main reasons:
- Good feedback from consumers
As Thailand has the highest smartphone and social media usage rates in the world, it is beneficial for start-ups that provide services in the form of B2C or direct delivery of goods and services to consumers. Consumers can quickly and easily use the online platform developed by the startup. Therefore, it is widely used and reused. At the same time, startups that provide services in the form of B2B or aim to serve corporate customers, companies accept the use of Local Platform from Thai startups. and saw the role change from “Company employees” become “startups” to make solutions to meet the needs of organizations more.
- Investors are confident
Because in the past, there have been 10 times more investors interested in startups, both Thai and foreign investors such as Singapore, Japan, India and Europe. to startups It also provides satisfying benefits for investors. Because instead of spending money to research and develop technology by yourself. They can then split their investments into startups with expertise in order to apply the technology they get to their companies.
It can also reap substantial investment results. Combined with the expectation that by 2023, Thai startups will start working to prepare for listing on the stock exchange. So that investors in startups can come in and invest in the early stages and can exit and sell to make a profit. This is an important reason that makes Thai startups ready to soar higher and higher.
If analyzing both opportunities and obstacles There is a doubt as to what will be “Wind Under Wings” that will take startups to fly high and go further which Mr. Sam revealed an interesting perspective that Investors will come to be the key to helping those startups in raising additional capital.
Therefore, if Thailand has a concrete fund that can be opened for investors who are interested to join and invest more easily. It will help to solve various problems and obstacles, and will also play a part in stimulating the growth of startups.
Institutional and Retail Investors See the trends of startups So there are many actions. The early stage of venture capital investment, known as the Angel Investing Round, also found that investors have more direct access to information that can be used to assess the status or value of a startup business.
If there is a team and experts who understand the work of startups, have experience and expertise in investing. It can help investors who are interested in investing in startups appropriately. Generate good returns in the long run While startups have the opportunity to grow and compete in the market.
will have to keep an eye on the opportunity of the fund to invest in startups For serious investments when and how can they help run the industry? Build a new Thai unicorn to grow and run how far to drive the Thai economy. And what more actions will there be? Will have to wait to follow the next episode very closely.
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