In partnership with Startup Ecosystem Jinn Issarachaikul Corporate Innovation Powerhouse COO, RISE Mission

To lift 1% of GDP for Thailand and SE Asia Corporate Innovation Powerhouse Thailand | | through Corporate Innovation Thailand Overview Corporate Innovation Powerhouse SEA e-Conomyat a Glance SEA covers 6 countries in

Total population of 655 Million people 96M 570 million 105M people across the 6 countries 69M covered by e-Conomy SEA Thailand , Malaysia, Philippines, Singapore, 32M Thailand, Vietnam Malaysia 264M 6M Indonesia Singapore

Source: World Bank

Source: Google Temasek Report 2019 Thailand by the Numbers

57M 126M 52M 4hr56m 65%

Internet User Mobile •Active Mobile Time Spent Mobile Banking (82% penetration) Subscription Social Media Users on mobile per day Penetration (180% of Population)

Sizable Internet Population. 2nd leading GDP in SEA Extremely high mobile internet usage. World’s leading Social Media time spent. Relatively high mobile banking penetration. Avg age 40, soon to enter aging society. Source: aseanup.com; we are social 2019; depa Thai Startups & Fund Raising

Corporate Innovation Powerhouse Activities 2019 Thai Startup by Stages 2019

[3] Series C aCommerce; Pomelo; 2C2P

[9] Series B Ookbee; Eko; Omise; Eatigo; Finnomena; Baania; [31] eCarstudio; Wongnai; Priceza; Series A

Update: Jan 2020, aCommerce, end-to- [73] end ecomm enabler had raised $15M, Seed making them the 1st series D in Thailand. Total fund raised $119M and they are Approx. 700-800 Startups in Total projected to be the first Thai unicorn.

Source: Techsauce Thailand Startups Ecosystem Report 2019 2019 Thai Startup Deals in 2019

By the Sector Notable Deals 2019

Fintech 20% E-Commerce Retail E-Commerce 17% Raised $52M Series C

Property Tech 9%

Health Tech 6%

Ed Tech 6%

Auto Tech 6% 35 Deals; At least 98M USD Food Tech 6%

0% 5% 10% 15% 20% 25%

Source: Techsauce Thailand Startups Ecosystem Report 2019 Thai Startup Fund Raised 2011-2019

40 120

35 35 35 106.1 100 31 31 97.55 30 27 26 Over 9 years 78.17 80 25 • Total 202 deals • USD 435M Value 20 61.25 60 RISE’s POV 15 14 on Outlook 2020 42.72 40 36.3 • We foresee 10 numbers of deals 20 staggered 5 • COVID-19 will 2 9.73 1 likely impact 1 3.1 0 0 investment 2011 2012 2013 2014 2015 2016 2017 2018 2019 activities across Deal Value (USD Million) all stages

Source: Techsauce Thailand Startups Ecosystem Report 2019 Opportunity: B2B Play

Thailand’s Focus Industries In-demand for B2B Avoid:

• Food Tech • FinTech • B2C e-Commerce

• Agri Tech • AI/Big Data • B2C Services

• Tourism & MICE Tech • IoT & Robotics • Health Tech • Enterprise Solution • Manufacturing & logistics

Food, agri and tourism are main sectors where Thailand needs to maintain its competitive advantage. In addition, high quality health care at a reasonable price will boost health tourism. Together with aging society, this would lead to higher demand in healthcare and insurtech service providers in the long term. We also expect an upside demand for B2B solutions on the enterprise side as COVID-19 caused more companies - not just industry leaders– to transform faster. Avoid B2C marketplaces, eCommerce and services as Asian Unicorns and even Global firms are competing heavily. Investors

Corporate Innovation Powerhouse & Ecosystem Investors Landscape

At least 50 VC, CVCs and Corporate Investors

• Thailand has the most CVCs in SE Asia, out numbering VCs

• Most Thai CVCs invest in late stage startups, prioritize strategic fit or synergy. Financial return comes second.

• Thai CVCs have appetite in late stage foreign strartups. 63% of Thai CVCs said they would invest out of Thailand

• The biggest TH investment in foreign startup deal in 2019: Kbank invested $65MB in Send, Vietnam.

Source: Techsauce Thailand Startups Ecosystem Report 2019; The Investor Survey 2018 by TVCA Thailand Incubators and Accelerators Landscape

Open for Foreign Startups

Growth Thai Startups Focus stages with Venture Funding

Krungsri size Years Operated Finnovate Hubba Bank accel. InnoHub

KBANK UOB KATALYST Finlab True Incube Space-F AIS The Startup Tipco Alliance connext Ayuthaya ImpacTech Activator (social)

depa Sprint Early SPARK x stages Nia Techsauce

FinTech FoodTech Industry Agnostic

Source: Techsauce Thailand Startups Ecosystem Report 2019; INTRODUCTION TO RISE’S GLOBAL ACCELERATOR PROGRAM

UNIQUE STANDPOINTS

Real World Outcome Driven No Equity Real Problem Get Real Corporate Deals taken

We bring real corporate pain-points to Our program is designed to deliver tangible RISE is committed to searching and startups who can address their pain. This business results for both corporates and plugging in notable startups to work with way we can ensure that corporates have startups. The program focus on matching leading corporates in Southeast Asia without real need and urgency to collaborate with startups with corporate partners to work on a any equity taken. startups. POC or pilot project which can lead to commercial deals and investment opportunities. COMMERCIAL PROJECT/POC FOCUSED PROGRAM PROGRAM 2020

For our 2020 program, we are focusing on 4 major technological tracks:

Open for Application Now - June 15, 2020 THANK YOU

Learn more and apply to our Global Accelerator Program Open for Application Now - June 15, 2020

Contact: Nidnaparng Pang Ohnaree Community and Partnership Manager, RISE gap.riseaccel.com [email protected]