Bangkok-based PeerPower, a digital financing platform connecting business owners and investors, announced today it has received an undisclosed sum in pre-Series A round from InVent, the venture capital arm of Intouch Holdings.

InVent, the venture-capital arm of Intouch Holdings Plc, has invested 12 million baht in Seed Funding Round for Doctor A to Z, an innovative healthcare platform for patients to have easier and quicker access to medical specialists, 24 hours a day, with three new services to ease medical access for everyone. The investment will further enhance more expansion opportunities, increase efficiency in developing new technology, and advancing medical research, which will be a game-changer for the medical industry. Doctor A to Z aims growth in revenue at 180 million baht within 3 years.

InVent announced an investment of 40 million baht in a Series B financing round for Ecartstudio, an enterprise location-based application developer, to capitalise on smart city development and promote convenience for digital lifestyles. The move will help Ecartstudio expand existing service, especially for business-to-consumer interactions, expected to make it the leader in smart city platforms in Thailand within 3-5 years