More Thai startups aim for IPOs as investors throw in support

Thai Union incubator backs companies developing meat alternatives

20240627N Bangkok

Thailand's startup ecosystem has grown considerably as venture capital firms and big companies throw in support.  © Reuters

KENYA AKAMA, Nikkei staff writer

BANGKOK -- More Thai companies are looking to go public as the country's once-lacking startup landscape starts to flourish with funding from venture capital firms as well as big companies both domestic and foreign.

Among the businesses lining up public offerings is SkillLane, Thailand's top provider of online self-study programs. SkillLane's investors include Japan's CyberAgent Capital, the venture capital arm of digital advertising company CyberAgent.

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