Flash Group Raises $150M in Funding

Flash Group, a Bangkok, Thailand-based logistics startup, raised $150M in Series D+ and Series E funding.

The Series D+ was led by SCB10X, with participation from Thailand’s Chanwanich Security Printing Company.

The Series E round was led by Buer Capital, with participation from existing investors SCB10X, eWTP Capital, PTTOR, TCP Group’s Durbell, Krungsri Finnovate.

The company intends to use the funds to expand operations and its development efforts and grow its business reach.

Led by Komsan Lee, CEO and Founder, Flash Group is an e-commerce logistics company operating:

  • Flash Express, which is the express delivery service that utilizes technology and big data to optimize efficiency, and
  • Flash Fulfillment, which provides warehousing and fulfillment solutions.