Updated:
Krungsri Finnovate
Krungsri Finnovate is the corporate venture capital arm of Krungsri Group investing in fintech startups.
Krungsri Finnovate
Krungsri Finnovate was established in 2017 by Sam Tanskul. It functions as the wholly-owned corporate venture capital arm of Krungsri Group, also known as Bank of Ayudhya. The firm focuses on early-stage startups, expansion, growth equity, venture debt, and distressed debt. Investments center on fintech. Positions include Zipmex, Forward DeFi, and ADDX. Activity spans Thailand and Southeast Asia through co-investments with MUFG. Team size remains undisclosed. Vehicles include Finnoventure Private Equity Trust I, Finno Efra Private Equity Trust, and Finnoverse & Futuristic Fund. Sam Tanskul previously served as Vice Chairman of the Thai Venture Capital Association.
General information
Firm type
Corporate Venture Capital
Year founded
2017
AUM
100 (Altss estimate)
Location
Region
Asia
Country
Thailand
City
Bangkok
Corporate office
Bangkok, Thailand
Principals
Sam Tanskul
Founder
Sector focus
Frequently asked questions
Who runs investment decisions at Krungsri Finnovate?
Sam Tanskul founded the firm and shaped its investment strategy as former Managing Director.
How is Krungsri Finnovate related to Krungsri Group?
It operates as the wholly-owned corporate venture capital arm of Krungsri Group, also known as Bank of Ayudhya.
Does Krungsri Finnovate participate in fund commitments or only direct deals?
The firm makes direct investments and maintains its own vehicles including Finnoventure Private Equity Trust I and Finno Efra Private Equity Trust.
What investment stages does Krungsri Finnovate typically target?
It targets early-stage seed and startup rounds, expansion, growth, and special situations.
Where does the underlying capital come from?
Capital is provided by Krungsri Group, the parent banking entity.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on venture capital firms?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: