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Business

Itochu invests in Eko, brainchild of CP Group heir

$7mn already raised for Slack-like cloud business collaboration app

Eko, a cloud-based business communication platform from Thailand, has already attracted over $7 million to go after large companies.

BANGKOK -- Japanese trading house Itochu is investing $1 million in Eko Communications, a tech startup launched by an heir to the Charoen Pokphand Group, a major Thai conglomerate.

Eko was launched in 2012 by Korawad Chearavanont, the son of Supachai Chearavanont, chief executive of CP Group. It offers businesses a secure chat room along with a comprehensive team communication platform that enables co-workers to share files, teleconference, or even apply for leave.

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