An asset-light B2B distribution platform that connects buyers, suppliers and end-consumers in the FMCG sector in Vietnam, has secured $1 million in seed funding from Touchstone Partners. The investment will enable Quqo to grow its team and customer base and expand its distribution network across the country. Quqo is an online platform that aims to […]

Coolmate, a Vietnamese menswear brand that sells through its own e-commerce store, has raised an additional $2.3 million for its Series A funding round participated by GSR Ventures and Do Ventures, according to an announcement. Coolmate is the first Vietnamese startup to receive funding from GSR Ventures, a world-renowned early backer of unicorns including Advance […]

Vietnam-based e-commerce enabler OnPoint secured a $50 million Series B funding in a round led by SeaTown Private Capital Master Fund. SeaTown Holdings, an indirect wholly-owned subsidiary of Temasek Holdings, run the SeaTown Private Capital Master Fund. This is considered the largest private fundraising round in Southeast Asia’s e-commerce enabler sector in the previous five […]

Vietnam-based OpenCommerce Group (OCG) has secured US$7 million in Series A funding round led by Vietnamese unicorn VNG along with participation from Vietnamese venture capital firm Do Ventures. OpenCommerce Group that offers merchants a barrier-free and automated cross-border ecommerce platform will be using the fresh funding proceeds for product improvements and global expansion. “Besides Europe […]

Vietnam-based B2B ecommerce platform Kilo that connects wholesalers with MSMEs has raised US$5 million in pre-Series A funding round led by January Capital and Altos Ventures to digitalize the local retail chain value through technology. The investment in Kilo also marks Alto Ventures maiden venture in Vietnam. “They will revolutionize the traditional retail industry in […]

Vietnam-based ecommerce startup Tiki has secured $240 million funding in Series E round led by AIA Group. the funding round also saw participation from South Korean investment manager Mirae Asset, UBS (London Branch), STIC Investments (Korean private equity firm), and Taiwan Mobile. AIA Group has invested $60 million in the round, according to data insights […]

Loship, a Vietnamese one-hour delivery e-commerce startup, announced that it is deepening its presence in key markets after raising $12 million in its pre-Series C funding round. The fresh funding raised in the round, which was co-led by BAce Capital, Ant Group-backed venture firm, and Sun Hung Kai & Co, an alternative investment company listed […]

Skype co-founder invests in Vietnamese Startup Loship.

Lozi, Vietnam’s fast-growing one-hour-delivery e-commerce startup, the owner of Loship App, has secured a bridge round of financing led by Vulpes Investment Management.

Loship, Vietnam’s one-hour delivery e-commerce platform, has further strengthened its position to become the country’s next unicorn. With an influx of capital injection and a slew of investors expressing confidence in the startup’s future growth and profitability, this startup looks all set to realize its vision. Founded in 2017, Loship has secured capital injections from […]