May 31, 2013

[Tech In Asia] Thailand’s Wongnai Receives Series A Investment from Japan’s Recruit

Founded in 2010, Thailand-based restaurant review startup Wongnai has today announced that it has just concluded a Series A financing round from Japan’s Recruit Strategic Partners (RSP), a subsidiary of Recruit Holdings in Japan. The investment sum wasn’t disclosed. 
With more than 500,000 downloads on the iTunes App Store and a database of 110,000 restaurants in Thailand, Wongnai claims to be the biggest restaurant review company in the country. ...
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Tech In Asia 5/30/2013 [en]

  • Recruit invested in Indonesian startup, Krazymarket in 2011. Japanese Internet companies are actively investing in South East Asia, particularly in Indonesia, but there has not been so many in Thailand. It is expected to see more investment from Japanese VC in this country in the future.

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