Thailand is a tourism giant, but its travel-tech funding is tiny. Global OTAs and banks lead the deals. Pure travel-tech VC barely exists. Here are 10 investors backing Bangkok travel tech in 2026.
Thailand runs on tourism, and its travel startups should thrive on that demand. Yet travel-tech funding here stays small, and few real deals close in any given year.
The deals that do happen are led by global OTAs and banks, with pan-SEA funds backing the rest. That mix shapes who you should pitch and how you should frame your story.
To raise well, you need the right backers and clean files ready before the call. Ellty keeps your data room in one tracked link, so every fund sees the same organized picture.
| Type | Check size | Sector focus | Website | |
|---|---|---|---|---|
| Trip.com Group | Global OTA strategic | Tens of US$M+ | OTA, inbound travel, AI trips | group.trip.com |
| Booking Holdings | Global OTA strategic | Strategic, varies | OTA, attractions, travel AI | bookingholdings.com |
| Kasikorn Bank Group | Bank strategic | ~US$25M | OTA, travel booking | kasikornbank.com |
| CyberAgent Capital | Japan CVC | US$500K-$3M | Consumer, travel, marketplaces | cyberagentcapital.com |
| Quest Ventures | Pan-Asia VC | US$500K-$3M | Marketplaces, travel, consumer | questventures.com |
| Gobi Partners | Pan-SEA VC | US$1M-$5M | Travel-commerce, consumer | gobi.vc |
| ADB Ventures | DFI impact VC | US$200K-$4M | Sustainable travel, climate | ventures.adb.org |
| AIS The StartUp | Telco CVC | US$200K-$2M | Community tourism, platforms | ais.th |
| King Power Click | Travel-retail strategic | Low single-digit US$M | Travel retail, tour booking | kingpower.com |
| TAT Travel Tech | Government tourism program | Program, no cheques | Travel tech, trip apps | tatnews.org |
Keep your travel data room ready before the call
Travel backers study your bookings, margins, and demand swings. Ellty logs every view so you know who is serious.
Start free 14-day trialWhat a travel investor backs
Travel investors back real bookings and repeat trips, because usage is the clearest proof that the model works. They study margins and demand swings closely, since travel is seasonal and the unit economics are often thin.
A clear travel story matters as much as the numbers themselves. A clean fundraising file makes that story easy to follow and easy to trust.
Ellty gives each fund one tracked link to your materials. You see who reads your numbers first, so you know where the real interest sits.
Thailand earned about US$48.5 billion from over 35.5 million international tourists in 2024, a 34 percent jump in revenue from the year before.
10 Bangkok travel tech investors
1. Trip.com Group
Trip.com is a global OTA active in Thailand.
Recent Activity: Top minority holder in MakeMyTrip
LinkedIn: Trip.com Group LinkedIn
Sector Focus: OTA, inbound travel, AI trips
Stage Focus: Strategic, growth, M&A
Check Size: Tens of US$M+
Location: Singapore / Shanghai
Website: group.trip.com
2. Booking Holdings
Booking runs a travel fund focused on Asia.
Recent Activity: Runs a ~US$170M travel fund
LinkedIn: Booking Holdings LinkedIn
Sector Focus: OTA, attractions, travel AI
Stage Focus: Strategic, corporate
Check Size: Strategic, varies
Location: USA (Agoda in Bangkok)
Website: bookingholdings.com
3. Kasikorn Bank Group
Kasikorn took over a Thai OTA and relaunched it.
Recent Activity: Took over a Thai OTA, relaunched as Gother
LinkedIn: Kasikornbank LinkedIn
Sector Focus: OTA, travel booking, superapp
Stage Focus: Strategic, control
Check Size: ~US$25M
Location: Bangkok
Website: kasikornbank.com
4. CyberAgent Capital
CyberAgent backs early consumer startups in Thailand.
Recent Activity: An active early investor across Thailand
LinkedIn: CyberAgent Capital LinkedIn
Sector Focus: Consumer, travel, marketplaces
Stage Focus: Seed, early stage
Check Size: US$500K-$3M
Location: Tokyo, Japan
Website: cyberagentcapital.com
5. Quest Ventures
Quest is a pan-Asia digital-economy fund.
Recent Activity: A top travel-tech investor by deal count
LinkedIn: Quest Ventures LinkedIn
Sector Focus: Marketplaces, travel, consumer
Stage Focus: Seed, Series A
Check Size: US$500K-$3M
Location: Singapore
Website: questventures.com
6. Gobi Partners
Gobi backs travel-commerce across SEA.
Recent Activity: Backed travel-commerce platform Jatri
LinkedIn: Gobi Partners LinkedIn
Sector Focus: Travel-commerce, consumer
Stage Focus: Seed, Series A
Check Size: US$1M-$5M
Location: Kuala Lumpur
Website: gobi.vc
Share one link with every travel backer
Ellty shows when a fund opens your numbers. Follow up at the right moment, not days later.
Start free 14-day trial7. ADB Ventures
ADB Ventures backs sustainable travel tech.
Recent Activity: Co-created the Travel Lab Asia program
LinkedIn: ADB Ventures LinkedIn
Sector Focus: Sustainable travel, climate
Stage Focus: Seed
Check Size: US$200K-$4M
Location: Manila, Philippines
Website: ventures.adb.org
8. AIS The StartUp
AIS is a Bangkok telco's startup arm.
Recent Activity: Backed community-tourism startups
Sector Focus: Community tourism, platforms
Stage Focus: Seed, early stage
Check Size: US$200K-$2M
Location: Bangkok
Website: ais.th
9. King Power Click
King Power is Thailand's travel-retail giant.
Recent Activity: Led Tourkrub's earlier Series B
Sector Focus: Travel retail, tour booking
Stage Focus: Growth, strategic
Check Size: Low single-digit US$M
Location: Bangkok
Website: kingpower.com
10. TAT Travel Tech
TAT runs Thailand's travel-tech startup program.
Recent Activity: Runs a travel-tech startup program
Sector Focus: Travel tech, trip apps
Stage Focus: Pre-seed, seed program
Check Size: Program, no cheques
Location: Bangkok
Website: tatnews.org
Why OTAs and banks lead
Global OTAs invest the most in this market, with Trip.com and Booking leading the way. Thai banks back travel too, and Kasikorn now runs Gother after taking over a local OTA.
A strategic deal brings real users along with the money. It also links you to big startups and the wider travel ecosystem.
Ellty lets you share the same materials with each one of them. Track every open in one place, so no warm lead slips past you.
Why travel-tech funding is thin
Bangkok has few funded travel startups, and the total raised across them is tiny. Most of the deals on record date back several years now, and fresh rounds are rare.
So it pays to look toward regional funds as well as local ones. Use secure file sharing to reach them without losing control of your documents.
Ellty shows exactly who opened your deck and when. Lock sensitive files with password protection before you send the link.
Raising travel tech across borders
Most of the capital in this space comes from abroad, so plan to pitch beyond Thailand early. Build relationships across the region before you actually need the money.
Keep backers close with steady updates between rounds. Use investor relations tools to stay organized as your list grows.
Send clean updates each month so momentum stays visible. Try investor update software to keep every recipient on the same page.
Ellty shows who reads your data room and how deeply they dig in. See our ecommerce investors guide too for a neighboring market.
How to pitch a travel investor
Show real, repeat bookings.
- 1.Show real, repeat bookings.Usage is the strongest proof of demand a travel investor can see. Lead with repeat trips and retention, not raw signups.
- 2.Explain your margins clearly.Travel runs on thin margins, so show how yours hold up at scale. Walk through take rate, costs, and what improves over time.
- 3.Name your raise and runway.State the amount you want and the months it buys you. Plan explicitly for slow seasons when bookings dip.
- 4.Send one Ellty link to your data.Share a single tracked link instead of scattered attachments. Watch who digs in so you know where real interest sits.
How Ellty helps you land a travel investor in Bangkok
You have your Bangkok travel-tech list ready. Set up a data room before the first call.
- 1.Upload your deck, bookings, and metrics.Set access per fund.
- 2.Share one trackable link per fund.Each fund gets a unique link.
- 3.Watch opens and reply on time.Use analytics to time each nudge.
Bangkok travel tech investor questions
- Global OTAs and Thai banks. Pan-SEA funds invest too.
- No, it is very thin. Few startups get funded.
- Yes, Trip.com and Booking do. They back Asia travel.
- Strategic deals run large. VC checks stay small.
- Yes, Kasikorn runs Gother. Telcos invest too.
- Before your first investor call. Track who opens your numbers.
