Bringing startups to Cambodia
Confluences Asia, a Cambodia-based consulting and advisory firm, recently helped launch its second startup in Cambodia with Portuguese e-ticketing firm Last2Ticket. The Post’sMatthieu de Gaudemar sat down with Soreasmey Ke Bin, managing director of Confluences, to discuss the Kingdom’s appeal to foreign firms and startups. Can you describe the current work of Confluences Asia in Cambodia? We work a lot with foreign companies that want to integrate into the Cambodian market by providing consulting and advisory services. We help them with their first steps, which involves a lot of matchmaking efforts with potential local partners to assess the viability of coming to Cambodia. How did you first begin to work with startups? Because technology and startups is an area of interest for us, we began to work in the sector by hosting startups in our offices. At first we offered them office space and advisory services for free and then we would discuss their project and see if it was interesting for us to become shareholders. That is what happened with the startups we already launched, WendGo! and Last2Ticket.