Pressroom

Vietnamese startup ecosystem after the 4th COVID wave

A Vietnamese startup raised $1.6 million to maintain its dating app Fika, a dating app in Vietnam, raised $1.6 million. This seed round was led by VNV Global. Fika will expand the team, improve AI, and develop a user base in Vietnam. This app is designed specifically for Vietnam, has 750,000 downloads, 40% of users […]

Big investments were into Southeast Asian companies

Sky Mavis received a big Series B investment of $152 million Sky Mavis raised $152 million in a Series B funding round. The round was led by Andreessen Horowitz (a16z) investment fund. The management company of Axie Infinity will attract more talent, expand scale, and infrastructure. The company will continue to grow, supporting the development […]

E-commerce in Asia witnessed end-of-fall investments

Vietnamese e-commerce platform expected to raise more in Series E Tiki expects to close the Series E funding round with a larger scale than originally planned. This funding round is expected to raise $150 million. In July 2021, Tiki raised $100 million for a Series E funding round. Taiwan Mobile also invested $20 million in […]

Dutycast gets an undisclosed investment from VinaCapital

VinaCapital Ventures is a venture capital fund. This venture capital fund belongs to VinaCapital Group. VinaCapital Ventures specialises in technology startups.  This venture capital fund has just announced its investment in the technology startup Dutycast. This technology startup is a technology company. This technology company develops a technology platform. This technology platform supports consumers who […]

Markets in Vietnam returned to its vibrance in September

Masan expands to the telecommunications and digital service markets On September 21, 2021, a Masan subsidiary announced the acquisition of 70% of Mobicast shares. The total value of this transaction is 295.5 billion VND. Thereby, Masan officially expanded into the markets of telecommunications and digital services. Mobicast owns the Reddi virtual mobile network. This is […]

NFT game Sorare raised $680 million from SoftBank

SoftBank has just invested $680 million in a non-fungible token (NFT) game named Sorare. This NFT game called Sorare is a blockchain-based fantasy football management game. Sorare has its headquarter situated in Paris, France. The game publisher of this NFT game said that the amount of capital raised by Sorare was about to be up […]

Airlines in Vietnam are having restarting movements

Vietnam Airlines is licensed to operate direct flights to the US Vietnam Airlines just completed procedures to be licensed to open regular direct flights to the US. On September 21, the US Transportation Security Administration reviewed and approved the entire documents. The airline’s representative said that was the last step in the preparation. TSA will […]

Car world is going to witness two big IPOs of its industry

India’s largest 4-wheeled rental startup is expanding into Vietnam’s market Greg Maron and David Back co-founded Zoomcar in 2013. The two American co-founders wanted to meet the needs of young people who didn’t want or couldn’t own a car. The reason is often the complicated maintenance costs and procedures. Zoomcar makes money through car rental […]

HSBC supported the investors in VNLIFE’s funding round

The American growth equity firm General Atlantic and the Dragoneer Investment Group have led a Series B funding round of about $250 million into the Vietnamese Life Joint Stock Group, also known as the VNLIFE company. VNLIFE is a fintech startup which develops new banking, digital payments, online travel, and retail solutions. HSBC One Member […]

Solutions by tech companies that have been invested

Medtech app raised $1 million Medigo is a drug delivery app that combines consultations with pharmacists and doctors. The app received a $1-million investment from the Touchstone Partners fund. Medigo entered the medtech market in July 2019. The company creates a platform that connects users with high-quality telehealth services. This platform deploys e-commerce services for […]