Being rich since being born might spoils most people. But Thailand tycoon’s grandson is one of the exceptions. Born to the country’s tycoon does not ,ale Korawad Chearavanont lazy and unmotivated. At a young age, he established Eko App, a company that now has raised $28.7 million.

Everything started when Chearavanont made a group work chart in his boarding school dorm. The app that never actually launched got him an entrance to Tigerlabs’ bootcamp. There, he met David Zhang who co-founded Eko and now working as CTO of the company.
It took Chearavanont a year to create Eko App with Zhang. And he was still a high school student back then. Even with the promising app in hand, his parents insisted that he go to college. Instead he made a deal with his parent to drop off the college when his company raise $5 million.
He made it within two years. Through a Series A round, Gobi Partners led a $5.7 million investment to the company. And the latest, at its Series B round, SMDV from Indonesia led the round that raised $20 million. SMDV is a venture entity of Indonesia’s conglomerate, Sinar Mas.
So what is Eko App?
The app itself is basically a communication app, just like Line and What’s App, but much different from the two. The app is meant for office worker. Chearavanont realizes the importance of communication and collaboration within workers. even those who do not work together in the same space.
For them, Eko offers a media share information quickly and efficiently. This model challenges on Facebook Work and Slack. The two has been the main players on the industry that is expected to grow up to $17 billion in the next decade.
Now more than 2000 enities including bank, retail stores. industrial plants, telcos, hospitals, hotels and resorts are using the app. And Chearavanont planned on expanding his business even wider to Europe, UK and US.