Top 5 start-ups making waves in Vietnam – Latest business news
Vietnam is quickly becoming one of the top destinations for start-ups in Southeast Asia. The country’s fast-growing economy, large population, and supportive government policies are attracting a significant amount of investor interest from around the world. Here are the top 5 start-ups making waves in Vietnam today:
1. VinaCapital Ventures
VinaCapital Ventures is a venture capital firm that invests in early-stage technology start-ups in Vietnam and the surrounding region. It provides seed funding, mentorship, and access to its extensive business network to help start-ups grow and scale. VinaCapital Ventures recently announced its plans to raise an additional $10 million fund, which will bring its total funding to $100 million.
2. Sapo Technology
Sapo Technology is a leading e-commerce platform in Vietnam that provides an all-in-one solution for online businesses. Its services include website design and development, payment processing, logistics, and customer support. Sapo Technology is currently used by over 15,000 businesses in Vietnam, and it has recently expanded into other Southeast Asian markets.
3. Tiki
Tiki is a fast-growing e-commerce platform in Vietnam that specializes in selling books, electronics, and other consumer goods. It recently raised an additional $75 million in funding, which brings its total funding to $120 million. Tiki’s mission is to become the top e-commerce platform in Southeast Asia, and it is well on its way to achieving that goal.
4. Logivan
Logivan is a transportation logistics platform that connects shippers with trucking companies in Vietnam. Its services include real-time tracking, pricing transparency, and efficiency optimization. Logivan recently raised $5.5 million in funding, which it plans to use to expand its business throughout Southeast Asia.
5. Pymlo
Pymlo is a cloud-based accounting software that provides financial management tools for small and medium-sized businesses in Vietnam. Its services include inventory management, online invoicing, and real-time financial reporting. Pymlo recently raised $4.6 million in funding, which it plans to use to expand its business and develop new features.
In conclusion, Vietnam’s start-up ecosystem is thriving, and these five companies are leading the way in innovation and business growth. With a supportive government, a young and educated workforce, and a fast-growing economy, Vietnam is quickly becoming a top destination for start-ups in Southeast Asia.