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Top 10 Retail VC Funds & Investors in Thailand (May 2026)

The most active venture capital funds investing in Thailand Retail startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Thailand Retail startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
500 TukTuks
VC Fund
2 Thailand, Singapore, Malaysia Seed, Series A, Series B E-Commerce, Financial Services, Food and Beverage $150k–$10M
NVEST VENTURE
VC Fund
2 Thailand Series A, Seed Retail, Shopping, Software $1M–$3M
SOLERA Investment
VC Fund
1 Thailand Seed Retail, Payments, Shopping
Premier Advisory
VC Fund
1 Thailand Series A, Series B Retail, FinTech, Shopping
KKP Capital
VC Fund
1 Thailand Series A Retail, Logistics, Commercial
AHMP
VC Fund
1 Thailand Series A Retail, Logistics, Commercial
ECG-Research
VC Fund
1 Thailand, United States Series A, Series B Logistics, E-Commerce, Retail $2M–$4.3M
Siam Alpha Equity
VC Fund
1 Thailand Series A Apps, Sales, Retail
Kairous Capital
VC Fund
1 Thailand Series A Retail, Shopping $1M–$10M
Chan Wanich
VC Fund
1 Thailand Series A Retail, Logistics, Commercial
Access all 17 VC funds in Thailand Retail startups.

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Investor list

500 TukTuks
VC Fund · Mountain View, California, United States · 2 investments in Thailand Retail startups

500 TukTuks is a $15M USD micro-fund focused on promising Thai startups. Key to the fund’s operations and with a particular focus on fashion, beauty and ecommerce opportunities in Thailand and South East Asia, Sapprasert has been pivotal in investing in some 48 startups in her two years there.

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Investment focus

  • Industry: E-Commerce, Financial Services, Food and Beverage
  • Stage:Seed, Series A, Series B
  • Geography: Thailand, Singapore, Malaysia

Investor stats

  • Total investments: 29
  • Round size: Seed $150k–$2.8M; Series A $1M–$3.5M; Series B $5M–$10M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Salary Hero — Salary Hero offers a user-centric engagement solution to foster financial resilience among workforces.
  • Funding Societies — Funding Societies is a SME digital financing platform in Southeast Asia. It is licensed in Singapore, Indonesia, Thailand, and registered in Malaysia. It is backed by Sequoia India and Softbank Ventures Asia Corp amongst many others and provides business financing to small and medium-sized enterprises (SMEs), which is funded by individual andinstitutional investors. In 6 years, it has helped finance over 4 million business loans with over S$2 billion in funding. It was given the MAS FinTech Award in 2016, the Global SME Excellence Award at the United Nations’ ITU Telecom World in 2017, KPMG Fintech100 in 2018, Brands for Good in 2019, and in 2020 recognised by IDC as amongst the 5 fastest growing FinTechs in Singapore, won the Stevie® Award for Innovation in Technology, and named ASEAN Startup of the Year by Global Startup Awards.In 2015, co-founders Kelvin Teo, Iwan Kurniawan, and Reynold Wijaya headquartered Funding Societies | Modalku in Singapore, Central Region.
  • Globish Academia (Thailand) — Globish Academia (Thailand) is beyond just for native English countries, it already has become global. How nice would it be if EVERY THAI can speak English with confidence a little more. Thais can befriend the whole world. When Global English meets Innovation and Change-makers, Globish Academia was established for those who are actively making aa better society through innovating EVERYDAY education. We do want to change the fact that “English Proficiency” is rank 2nd of “Thai Youth Fear Toward AEC Competitiveness”, with only 3% lower than our unfortunate political problem.
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NVEST VENTURE
VC Fund · Bangkok, Krung Thep, Thailand · 2 investments in Thailand Retail startups

Since 2014, N-Vest Venture has helped transform many disruptive ideas into practical and scalable businesses

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Investment focus

  • Industry: Retail, Shopping, Software
  • Stage:Series A, Seed
  • Geography: Thailand

Investor stats

  • Total investments: 7
  • Round size: Series A $1M–$3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Mercular — Mercular operates as an online shopping platform that specifically targets those who are into hobbies relating to sports, games, and music.
  • Globish Academia (Thailand) — Globish Academia (Thailand) is beyond just for native English countries, it already has become global. How nice would it be if EVERY THAI can speak English with confidence a little more. Thais can befriend the whole world. When Global English meets Innovation and Change-makers, Globish Academia was established for those who are actively making aa better society through innovating EVERYDAY education. We do want to change the fact that “English Proficiency” is rank 2nd of “Thai Youth Fear Toward AEC Competitiveness”, with only 3% lower than our unfortunate political problem.
  • Choco CRM — Thailand’s leading professional CRM & POS solutions for business.
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SOLERA Investment
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 1 investments in Thailand Retail startups

SOLERA Investment is an Asia venture capital business expertise. Their company provides seed capital, as well as hands-on development support in all three of our branches in Hong Kong, Beijing, and Tokyo, in order to accelerate the growth of the investment.

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Investment focus

  • Industry: Retail, Payments, Shopping
  • Stage:Seed
  • Geography: Thailand

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Dealcha! — Dealcha.com is Thailand's first cashback website, offering their users an opportunity to earn free cash through their online shopping activity. The concept is simple, register free on their website, choose any of their partner online stores, shop till you drop, and when you make a purchase...a percentage of the price gets credited back to yourDealcha! cashback account. The cashback you receive is on top of any promotions, credit card discounts, coupon codes or payments methods you make. You can then redeem your cashback as actual cash, completely free of charge.
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Premier Advisory
VC Fund · 1 investments in Thailand Retail startups

Private Equity by Thailand's Government Savings Bank

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Investment focus

  • Industry: Retail, FinTech, Shopping
  • Stage:Series A, Series B
  • Geography: Thailand

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Mercular — Mercular operates as an online shopping platform that specifically targets those who are into hobbies relating to sports, games, and music.
  • FINNOMENA — Finnomena is a digital wealth management platform for investors and financial advisers led by an experienced management team with ~50 years of combined industry experience in global financial institutions. The company utilizes proprietary ML technology and a hybrid robot advisory model to generate above-market returns and deliver a tech-enableduser experience.Finnomena is a fully integrated digital wealth management platform in the region that provides professionally generated investment content via its own investor’s knowledge hub (with over 15m in monthly views and 1.2m social media followers) and fund supermart service.
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KKP Capital
VC Fund · 1 investments in Thailand Retail startups

KKP Capital

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Investment focus

  • Industry: Retail, Logistics, Commercial
  • Stage:Series A
  • Geography: Thailand

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • N-Squared eCommerce — Turn-key eCommerce solutions
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AHMP
VC Fund · 1 investments in Thailand Retail startups

Investment focus

  • Industry: Retail, Logistics, Commercial
  • Stage:Series A
  • Geography: Thailand

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • N-Squared eCommerce — Turn-key eCommerce solutions
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ECG-Research
VC Fund · Din Daeng, Krung Thep, Thailand · 1 investments in Thailand Retail startups

ECG-Research is a private equity firm that focuses on growth businesses in Thailand.

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Investment focus

  • Industry: Logistics, E-Commerce, Retail
  • Stage:Series A, Series B
  • Geography: Thailand, United States

Investor stats

  • Total investments: 6
  • Round size: Series A $2M–$4.3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • 24 FIX — Founded in 2018, 24 Solution Group has aimed to REVOLUTIONIZE the maintenance service & home solution industry in SEA and beyond by delivering one-stop solutions with SIMPLICITY. Our mission is to deliver STOPLESS INNOVATION for a sense of blissful living. We do what it takes to ensure all spaces, whether home or workplace, is always at theirfull QUALITY & CAPABILITY.Unlike other platforms, we are not a matchmaker between clients and agents but a real end-to-end service. Recognizing that property maintenance is an elaborate practice that requires specialized knowledge, we have a dedicated team who control the process from start to finish, ensuring that our services are of the highest standard. Today our ecosystem holds more than 500 active fixer teams and material vendor stores.Our Brand Values: Inspiring Better Living Through Reinvention: Always push for new, innovative and better possibilities Profound Caring: Anticipate needs, translate vision, and bring it to life Trusted Expert: A reliable brand that consumers can trust to solve every issueTo date, we have a growing top-notch team of almost 200 people with a diverse yet unified culture. For corporate service enquiries and strategic partnerships, please reach out to business@24slg.comFor investment opportunities, please reach out to investor@24slg.com
  • RentSpree — RentSpree automates the entire rental application process. Receive an online rental application and tenant screening reports for free.
  • Globish Academia (Thailand) — Globish Academia (Thailand) is beyond just for native English countries, it already has become global. How nice would it be if EVERY THAI can speak English with confidence a little more. Thais can befriend the whole world. When Global English meets Innovation and Change-makers, Globish Academia was established for those who are actively making aa better society through innovating EVERYDAY education. We do want to change the fact that “English Proficiency” is rank 2nd of “Thai Youth Fear Toward AEC Competitiveness”, with only 3% lower than our unfortunate political problem.
Show all investments...

Siam Alpha Equity
VC Fund · 1 investments in Thailand Retail startups

Siam Alpha Equity is a private equity firm.

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Investment focus

  • Industry: Apps, Sales, Retail
  • Stage:Series A
  • Geography: Thailand

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • AppMan Co.,Ltd — AppMan is a leading technology provider in the life insurance space. It serves top insurers in Thailand and the Asian market by providing its solutions to improve insurance sales experience.AppMan has leveraged all it's industry expertise to develop AgentMate, an electronic Point of Sale solution that will drive the insured seamlesslythroughout the insurance sale. AgentMate has a modular design with which insurers can select the modules they need to complete through a digital roadmap. ISO/IEC 27001:2013 Certified.
  • N-Squared eCommerce — Turn-key eCommerce solutions
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Kairous Capital
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 1 investments in Thailand Retail startups

Kairous Capital is a cross-border venture capital firm focusing on China and Southeast Asia with offices in Kuala Lumpur, Shanghai and Hong Kong

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Investment focus

  • Industry: Retail, Shopping
  • Stage:Series A
  • Geography: Thailand

Investor stats

  • Total investments: 2
  • Round size: Series A $1M–$10M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Mercular — Mercular operates as an online shopping platform that specifically targets those who are into hobbies relating to sports, games, and music.
  • Ora — ORA specializes in direct-to-patient healthcare transformation. The company was founded in 2020 and is based in Singapore.
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Chan Wanich
VC Fund · 1 investments in Thailand Retail startups

Chan Wanich Security Printing Co., Ltd. is the manufacturer of Security printed matters that has been established in Thailand since 1921 with its accomplishments from generation to generation. The Company has been well entrusted from both governmental and private sector as well as financial institutions and business organizations. Moreover, newproducts have been continuously invented and developed for launching into markets, always helping to reinforce customer strengths in the image of market leader.

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Investment focus

  • Industry: Retail, Logistics, Commercial
  • Stage:Series A
  • Geography: Thailand

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • N-Squared eCommerce — Turn-key eCommerce solutions
Show all investments...

Retail VC funding in Thailand at a glance

Stats across 8 deals from 17 investors.

17
investors
in Thailand Retail startups
8
deals
in Thailand Retail startups
$3M
median round
in Thailand Retail startups
29%
lead investors
lead at least one round
50%
Series A
most common funding stage

Access all 17 VC funds in Thailand Retail startups.

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