Singha Ventures will invest in areas such as consumer products, retail, logistics, enterprise healthcare and renewable energy as well as other funds.

Thailand-based beverage producer Singha Corporation has formed a $25m corporate venturing vehicle called Singha Ventures that will back startups and venture capital funds, The Nation has reported.

Singha Ventures, which was registered in Hong Kong in mid-2017, will operate as an independent subsidiary of Singha and will not require board approval to make investments.

The fund will target consumer products brands in addition to retail, logistics, enterprise healthcare and renewable energy technology developers and service providers. It will limit its…