It was the final countdown: 15 startups walked into Startup Thailand’s Pitching Challenge, five made it to the final round in Bangkok, and one logistics company MyCloudFulfillment emerged victorious.
The five startups were champions of the pitching challenge over five major cities across Thailand – Chonburi, Songkhla, Khon Kaen, Chiang Mai, and Bangkok. Those cities also served as sites for Startup Thailand 2017 events. The final event was held in Bangkok.
Logistics startup MyCloudFulfillment took home US$10,800 in prize money for the Grand Challenge. Meanwhile, the top three startups from each city will receive a three-day site visit to Huawei in Shenzhen, as well as a visit to Huawei OpenLab Bangkok, and a Huawei smartphone per startup.
With the prize money, Nithi Satchatippavarn, MyCloudFulfillment’s executive director, says the champion startup plans to expand to northern provinces and build a more solid backend system to efficiently manage ecommerce fulfillment. Future plans include working with their Vietnamese partner for cross-border fulfillment.
All 15 startups were awarded a cash prize according to how they placed in their cities – US$1,500; US$880; and US$450 respectively.
The pitch battle took place as part of Startup Thailand 2017, an annual startup event in Thailand that took place July 6-9. This year, conference-goers and organizers united under the banner “Startup Thailand, Scale up Asia,” a nod to the country’s willingness to progress in science, technology, and innovation – and took those business accomplishments internationally to other Asian countries.
Curious about the five that made it to the pitch battle? Look no further. Here they are, listed in alphabetical order.
Hailing from Khonkaen, healthtech company ChiiwiiLive is a real-time medical consulting application built by women for women. The app was founded by Piraya Tamrongterakul and seeks to give women access to medical advice anytime, anywhere.
Chiang Mai-based Horganice wants to serve those renting out apartments or dormitories, as well as their tenants. Founded by Tanawit Tonekanya, the business brings dormitory management online.
Bangkok-based MyCloudFulfillment seeks to aid ecommerce and omni-channel businesses store, pack, and ship their products efficiently. Business owners can send their stock into the MyCloudFulfillment’s warehouse. When orders come in, MyCloudFulfillment will take care of delivery tasks like packing quickly and correctly, on-time shipping, and tracking numbers.
Shippop tackles the problem of online logistics and shipping. Sutthikead Chantarachairoj founded the Hat Yai-based startup, which seeks to deal with booking, price comparison, delivery status tracking, and online payment in a timely manner. They offer a nationwide parcel drop-off service at Thai post offices. This allows small to medium business merchants and locals to pick up packages from less accessible areas.
Fintech startup UTU is a cross-border global loyalty and rewards platform-service combo. Brands on the platform can reach and interact with their customers around the world. By globalizing loyalty rewards, the startup aims to even out marketing and sales campaigns for its clients. The Chonburi-headquartered enterprise was founded by Mongkol Thanuthum.
Converted from Thai baht. US$1 = THB 33.79
This is part of the coverage of Startup Thailand 2017 Scale up Asia, an international event for startups that took place July 6 – 9, 2017 in Bangkok.