Cycles of Change

Knowledge - Culture - Growth

Rithy Thul: A Pioneer in Cambodia's Startup Ecosystem

- Posted in Science and Technology by

Rithy Thul, a visionary entrepreneur, has played a pivotal role in shaping Cambodia's startup ecosystem. Born and raised in Cambodia, his passion for technology and innovation led him to establish several ventures aimed at driving progress in the region. Thul's journey reflects a commitment to technological advancement, sustainability, and community empowerment.

Early Life and Education:

Thul's early life in Cambodia instilled in him a deep appreciation for his country's culture and a desire to contribute to its development. His educational background is rooted in self-study and practical experience, while his inquisitive nature and drive to innovate is the foundation for his entrepreneurial journey.

Entrepreneurial Ventures:

  1. SmallWorld Venture: Co-founded in 2011, SmallWorld Venture began as a coworking space and evolved into a dynamic startup incubator under Thul's leadership. It provides a platform for young Cambodian entrepreneurs to collaborate and innovate.

  2. KOOMPI: Thul's passion for technology led to the establishment of KOOMPI, a tech company focused on producing Linux-based operating systems and computer hardware. KOOMPI's focus on the education sector enhances digital literacy and equips the younger generation with essential tech skills.

  3. Selendra: Venturing into blockchain technology, Thul founded Selendra, a blockchain network supporting decentralized applications. Selendra aims to foster innovation in Cambodia's digital economy.

  4. VitaminAir: Thul's commitment to sustainability is evident in VitaminAir, a regenerative living community promoting harmony with nature while embracing modern conveniences.

  5. Baray: Recognizing payment integration challenges for startups and SMEs, Thul launched Baray, a payment integration service streamlining transactions for businesses.

  6. Riverbase: Building on Baray's capabilities, Thul founded Riverbase, an e-commerce platform tailored for SMEs, facilitating online presence and operational efficiency.

  7. StadiumX: Expanding into sports and entertainment, Thul introduced StadiumX, a SaaS solution for ticketing and smart stadium management, powered by blockchain technology.

  8. Bitriel: Thul launched Bitriel, a loyalty platform enriching user experience and providing liquidity for SMEs' loyalty points.

  9. SmallWorld Realty: Addressing startups' needs, SmallWorld Realty offers virtual office address services, providing a flexible solution for new businesses.

Other Ventures:

Thul has been involved in various initiatives, including BookMeBus, Querym, projects leveraging blockchain technology, and SSO Digital ID.

Philosophy and Lifestyle:

Thul's entrepreneurial journey is influenced by his philosophical outlook, advocating for meaningful work and a balanced lifestyle. His hobbies reflect his love for nature and his belief in staying connected to the modern world while living close to nature.

Legacy and Impact:

Thul's contributions to Cambodia's startup ecosystem are profound, creating opportunities for entrepreneurs, promoting technological advancement, and advocating for sustainability. His journey serves as a testament to the power of vision, innovation, and a balanced approach to life and work.