Thailand’s Rabbit Internet raises $9.1M Series B

Rabbit Internet announced today a THB325 million ($9.1M) financing round led by BTS Group Holdings Plc., the majority shareholder of Bangkok Mass Transit System PLC. The capital will be used to expand operations within Thailand, and develop financial, media and content enterprises for the Thai market. “The investment by BTS Group Holdings is a sign of confidence for Thailand’s digital economy,” said Johannes von Rohr, Co-founder and Managing Director at Rabbit Internet, in an official statement.