6 takeaways on Thailand startup ecosystem: Q&A with TechSauce CEO Oranuch Lerdsuwankij

Thailand may be an appealing top 2 travel destination for Chinese people, but now startups can consider expanding their business to this neighboring country as well. Chinese startups are eyeing Southeast Asia as the next market for their global expansion, and burgeoning Thailand is one of the markets to consider. To explore this booming market, TechNode has covered “Now In Vietnam” series, Indonesian market overview, and this time, we’ll look into Thai startup ecosystem.

Thailand market has seen remarkable growth over the past four years. In 2016, Thai startups raised funds of at least $86.02 million, including the three of the country’s biggest deals raised so far. It’s a global trend that we see more and more startups and fundings, and Thailand is no different. From 2012 to 2016, Thailand has gone from having less than 3 funded startups to over 75 funded.

Some of the rising Thai startups are:

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