InTouch Holdings' corporate venturing unit has picked up a 25% stake in the golf course booking app developer, part of its 2014 accelerator batch.

InVent, the corporate venturing subsidiary of telecommunications company InTouch Holdings, has paid Bt 23.8m ($700,000) for a 25% stake in Thailand-based golf course booking app developer Golfdigg, The Nation has reported.

Golfdigg offers a course booking service which has 20,000 members, and which handles 500 transactions per day for 24 affiliated golf courses. It was one of the eight participants in the InVent Accelerate initiative in 2014.