Mountain Partners Starts Company Builder in Thailand
Mountain Partners starts a company builder in Thailand to leverage emerging market opportunities and to increase its global presence. Mountain Thailand’s focus is twofold: first transferring proven business models from within its global portfolio to Thailand and second scouting for innovative ideas or existing teams with a product vision and a clear monetization model within the region. The identifying characteristic of Mountain Partners’ proven concept is the ability to scale and build companies with low initial capital requirement and thus create value for all stakeholders. The business model contains several steps: identification and incubation of promising ideas, growth and finally internationalization to high growth markets.
After the successful business model transfer of Heroleads from the Middle East to the Thai market in the beginning of 2015, the second business model ready to launch in Thailand is GetLaundry, an online platform which provides an on-demand laundry service to consumers. The platform is currently seeing strong growth in Dubai – one of the reasons why Mountain Partners Director Middle East, Pawel Iwanow and his team decided to transfer GetLaundry’s business model to Thailand. The Mountain Thailand team is going to build out its local operations and further tackle the expansion into neighbouring countries soon.