Venture capital provider 500 Startups is looking to make deeper inroads in Asia with a new micro- investment fund targeting hot and emerging companies in Thailand.
The US-based firm's "500 TukTuks" fund, named after the iconic motorised rickshaws that ply their trade on Bangkok's busy roads, will target startups in Southeast Asia's second-largest economy, where only a few VC firms operate, TechCruch reported.