InVent

InVent is the corporate venture capital arm of Intouch Holdings PLC, now part of Gulf Energy Development and the parent holding company of Advanced Info Services (AIS), Thailand's largest telecommunications company. Founded in 2012 and based in Bangkok, Thailand, InVent operates with its own decision-making, approval, and funding processes independent from the parent group. The firm deployed approximately THB 200 million (roughly $7 million) annually in technology companies across Thailand and Southeast Asia at the late-seed and expansion stages. Director Gaurav Mathur leads the investment team. InVent built a portfolio of 24 companies, predominantly in Thailand with 17 investments, plus investments in Japan and other markets, including one unicorn. The investment mandate aligned with Intouch Group's core business lines across marketplace platforms, financial services, education, digital content, IoT, cloud computing, mobile services, telecom infrastructure, and digital media. Notable portfolio companies include Conicle in educational software, Choco CRM in business software, Datafarm in network management, and EVENT POP, an event technology platform that was acquired by Zalekta in April 2024 for $1.45 million. Digio Thailand was sold at a 30% capital gain. The portfolio has achieved 3 acquisitions in total. InTouch Holdings began scaling down InVent's venture capital activities starting in 2022, exiting positions in 10 startups and gradually winding down new investment activity. The firm has not made new investments in 2026 and appears to be concluding its venture capital program. During its decade of active deployment, InVent served as a meaningful capital source for the Thai and Southeast Asian technology ecosystem, providing startups with both capital and commercial access through the AIS telecommunications infrastructure.