Krungsri Finnovate, through Finnoventure Fund investment, accelerates growth in the technology sector by investing in 'Doppio Tech,' aiming to enhance Thailand's position as a leading digital hub in the region
Krungsri Finnovate, through Finnoventure Fund, has announced its most recent investment in Doppio Tech Co., Ltd., a leading tech outsourcing service provider, in support of the development of tech professionals and acceleration of digital transformation.
Mr. Sam Tanskul, Managing Director of Krungsri Finnovate, said: "Digital transformation poses a challenge for organizations across all industries. As a result, they have emphasized driving business through technology and innovation amidst fierce competition. Tech professionals are considered one of the most essential resources in this endeavor. Consequently, the Finnoventure Fund's investment in a leading tech outsourcing company is an extremely important step."
Doppio Tech has been providing services to more than 40 corporate clients, having Mr. Natdanai Wiangwang, CEO and founder who have accumulated experiences from world class organizations in the tech industry. Doppio Tech stands out in software testing service, particularly in Automated Testing, reducing release cycles and speeding up time to market. Moreover, Mr. Natdanai and his co-founder, Ms. Patamaporn Hirunlap, along with their team demonstrate strength in knowledge transferring and unique training programs that allows non-IT professionals to effectively fulfil tech careers shift. Their well-designed training program promotes the learning and upskilling of its employees. This strength supports the company in scaling up the number of staffs from zero to more than 300 within four years.
"This investment will accelerate digital transformation. It will strengthen the tech professionals of Krungsri Group which has business units in Thailand and abroad as well as other partners of Finnoventure Fund. Krungsri Finnovate will connect Doppio Tech with its partners who are looking for a tech professional team. While Doppio Tech can expand its corporate customer base, our partners can also have high-quality professional teams to accelerate their projects. We're confident that this investment will boost up the overall tech ecosystem," added Mr. Sam.
Mr. Natdanai Wiangwang, CEO and Founder of Doppio Tech, said: "We emphasize and are passionate about our employees' knowledge and skills. We aim to build a tech outsourcing company that provides services with expertise, not just resourcing services. Providing expertise benefits both our staffs and clients. Our clients benefit from effective and quick turnaround time in testing, while our staffs benefit from trainings and testing techniques which supports their professional career path to become top players in the market. Moreover, the company also focuses to developing soft skills, attitude, and working culture, to enable them to work effectively as a good team player in teams both within the company and externally."
Finnoventure Fund is the first corporate investor funding into Doppio Tech and Doppio Tech is the 14th investment in Finnoventure Fund portfolio. Prior to this transaction, Finnoventure Fund, under the management of Krungsri Finnovate, had invested in 13 other tech startups.