Adelfos

Adelfos is a Thai venture capital firm that invests in early and growth stage ventures of digital and ecommerce businesses. Founded in Bangkok, Thailand, it is a subsidary of TCC Group, a holding company of beverage tycoon Charoen Sirivadhanabhakdi in Thailand. In 2018, Adelfos announced about buying a stake in Tarad.com, an e-commerce business in Thailand. The group’s other investments include GMM Channel Trading Co Ltd and Amarin Printing and Publishing Plc. It also focuses on corporate venture capital (CVC) to invest in local e-payment, e-logistics and big data startups.