cloud funding thailand: นี่คือโพสต์ที่เกี่ยวข้องกับหัวข้อนี้
Thailand’s banks have stepped up to chase the startup dream over the past year. Following on from SCB’s Digital Ventures, which has backed blockchain startup Ripple among others, Kasikorn Bank (KBank) has made the first investment from its $30 million fund — a $1.15 million round for Bangkok-based FlowAccount.
KBank announced its Beacon fund this summer. It has made investments into funds as an LP, most notably it is involved in Singapore’s Dymon Asia, but this is its first direct investment in a startup.
The bank was joined in the round by Japan-based conglomerate SBI Group, and FlowAccount’s seed investors 500 Startups and Golden Gate Ventures.
FlowAccount is a cloud-based platform for business accounting. It plans to use these new funds to grow its team of 20, and develop new products that extend its reach from cloud-based accounting systems into other SME services. This week, it launched a solution for accounting firms themselves, and it is planning payroll and other HR services for small businesses.
Initially, it is keeping its focus on Thailand, CEO and co-founder Kridsada ‘Gideon’ Chutinaton told TechCrunch in an interview.
“For this round we are still focused locally, we want to be the go-to for small businesses in Thailand,” he said. “We believe the domestic market is still large enough to be a one-county play for the immediate future. When we capture the Thai market then we can begin to look overseas.”
Indeed, snagging Kasikorn Bank (KBank) and SBI as partners can help achieve both of those ends. Chutinaton said KBank has begun some integrations between the FlowAccount service and its SME offerings, while it could heavily promote the service to its customer base — which include the largest share of SMEs for any Thai bank.
SBI, meanwhile, has extensive experience working with SME-focused startups in its native Japan, including freee. Chutinaton said SBI’s involvement can help prime FlowAccount for large funding rounds and an international push when the time is right.
For now his goal is to help SMEs in Thailand, and the wider Southeast Asia area, bring the benefits of the internet and the cloud to their operations.
“Local players building local solutions for countries is really valuable,” he explained, noting that most global services aren’t suited to small businesses operating in Southeast Asia. “It may not appeal to a global audience but it impacts local people and that’s worth doing.”
“Adoption for Saas on a subscription service basis is still very new here and we’re helping companies take that step from processing information offline to doing it online. We think that getting people to start doing their accounting online can really help the country,” he added
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[NEW] Funding for state cloud approved | cloud funding thailand – NATAVIGUIDES
Funding for state cloud approved
The cabinet on Tuesday approved 4.75 billion baht to finance the Government Data Center and Cloud (GDCC) service between 2020 and 2022.
Rachada Dhanadirek, the deputy government spokesman, said the GDCC is the central cloud system to be used by government agencies, ensuring safety and serving as a big data facility for state agencies when disasters occur.
The GDCC is handled by the Office of the National Digital Economy and Society Commission in partnership with state-owned CAT Telecom.
Ms Rachada said the government aims to develop 2,500 employees with expertise in cloud computing as part of the government’s digitalisation plan.
She said the government estimates that 5 billion baht will be saved on rent for cloud services for state agencies. From fiscal 2021, all state agencies will no longer be allowed a budget to rent cloud services.
The government aims to transform all state agencies to become fully digital within three years.
Late last year, Deputy Prime Minister Somkid Jatusripitak announced a digital government development roadmap for 2020-22. The Digital Government Development Agency (DGA) has already completed the roadmap.
The DGA was founded in 2018 under the Office of the Prime Minister to provide services and support to all government agencies with regard to digital government transformation.
The agency introduced the e-government portal www.egov.go.th a few years ago to serve as a central information hub.
Earlier this year, the CITIZENinfo application was released. The app offers services for 8,000 state agency offices nationwide, as well as the required documents before citizens contact these state agencies.
The DGA was ordered to upgrade its e-government portal.
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