About PRASAC
PRASAC is a company based in Phnom Penh (Cambodia) founded in 1995 was acquired by KB Kookmin Bank in December 2019.. PRASAC operates in a competitive market with competitors including Gojo, Amret, AMK, VisionFund and Thanakea Phum, among others.
- Headquarter Phnom Penh, Cambodia
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Sectors
Financial Services
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
KB Kookmin Bank
& 8 more
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Employee Count
Employee Count
- Acquired by
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Funding Insights of PRASAC
- Total Funding Total Funding
- Total Rounds 5
- Last Round Last Round
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Debt – Conventional - PRASAC | Valuation |
investors |
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| Feb, 2018 | Amount | Debt – Conventional - PRASAC | Valuation |
investors |
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| Sep, 2013 | Amount | Private Equity Round - PRASAC | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in PRASAC
PRASAC has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include KB Kookmin Bank, The Bank of East Asia and LOLC Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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PE and VC investments are directed toward sustainable climate projects.
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Founded Year | Domain | Location | |
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Early-stage SMEs are invested in by government-operated Swedfund.
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Founded Year | Domain | Location | |
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Venture capital and infrastructure fund focused on digital infra, Agri, and renewable energy sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by PRASAC
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - PRASAC
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Prasac Comparisons
Competitors of PRASAC
PRASAC operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Gojo, Amret, AMK, VisionFund and Thanakea Phum, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Microcredit is extended to individuals and businesses in need.
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| domain | founded_year | HQ Location |
Microfinance services including loans, savings, transactions, and insurance are offered.
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| domain | founded_year | HQ Location |
Microfinance services are extended to low-income clients in Cambodia.
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| domain | founded_year | HQ Location |
Microcredit, savings, and insurance are provided to low-income individuals.
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| domain | founded_year | HQ Location |
Micro credit services are provided to underserved communities in Cambodia.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Prasac
Frequently Asked Questions about PRASAC
When was PRASAC founded?
PRASAC was founded in 1995 and raised its 1st funding round 18 years after it was founded.
Where is PRASAC located?
PRASAC is headquartered in Phnom Penh, Cambodia.
Who is the current CEO of PRASAC?
Sim Senacheert is the current CEO of PRASAC.
What does PRASAC do?
PRASAC was established in 1995 as a microfinance bank in Phnom Penh, Cambodia. Financial services, including loans and savings accounts, are provided to low-income individuals and small enterprises. Operations are conducted through branches nationwide, supporting economic inclusion in the rural and urban sectors. The institution is led by CEO Sim Senacheert, with a focus on sustainable banking practices in the microfinance industry.
Who are the top competitors of PRASAC?
PRASAC's top competitors include Gojo, VisionFund and AMK.
Who are PRASAC's investors?
PRASAC has 9 investors. Key investors include KB Kookmin Bank, The Bank of East Asia, LOLC Group, Norfund, and Swedfund.