Vietnam

Vietnam is emerging as Southeast Asia’s hotspot for venture capital post-COVID

Despite the hardship brought about by COVID-19, Vietnam is becoming ever more capital-attracting. 2020’s difficulties have barely stopped venture capital activity in the country.…

VinFuture Prize

Vietnamese billionaire launches VinFuture Prize to support R&D and tech innovations, pledges $4.5M annual funding

VinFuture Foundation, a charitable trust associated with one of the biggest conglomerates in Southeast Asia, Vingroup, has officially launched The VinFuture Prize on December 20,…

E-commerce marketing startup Epsilo raises $2M from a funding round led by Sequoia’s Surge 4

End-to-end e-commerce marketing company Epsilo recently completed a $2 million funding round. Almost all of this new capital injection was provided by Surge, Sequoia India’s…

Homegrown Vietnam VC debuts $50m fund

A duo of experienced, serial entrepreneurs in Vietnam today took the wraps off their new, homegrown venture capital firm. Do Ventures is aiming at $50 million for its debut fund,…

Xiaomi invests in Southeast Asian insurance startup

Indonesian insurance startup PasarPolis is used to pulling in big-name investors after luring Tokopedia, Traveloka, and Gojek’s VC arm into its 2018 series A investment. And now…

Vietnam, motorbikes, motorcyycles, scooters

Vietnam’s ‘eBay for motorcycles’ gets big funding

Vietnam is the world’s fourth biggest market for motorcycles, so it’s not surprising there’s a startup that wants to get in on the high-octane action. OKXE, a marketplace for…

Phu Quoc, Vietnam, lanterns, markets, market

How to open an offshore company and set up operations in Vietnam

So you’ve done your market research and exploration trips to Vietnam and you have decided that you want your fledgling startup to enter the market. But where to start? How to open…

Ant Financial, Ant Group, Jack Ma, Alibaba

Jack Ma’s fintech giant Ant: a brief history of its Southeast Asia empire building

Now we know that Ant Financial—or Ant Group, as we apparently must call it from now on—is ready for dual IPOs pretty soon, it’s a good time to remember that the Alibaba spinoff…

GoBear adds $17m to pot to grow its financial marketplace app

Financial marketplace app GoBear—no relation to Gojek, which uses the “Go-” prefix for its services—has secured $17 million from returning investors, bringing its…

money, cash, dollars, funding, VC, cash burn, burning money

Southeast Asia-focused VC funds raised a lot less money so far this year

While Southeast Asia’s startups had a good start to the year in terms of attracting investments, it was a rough few months on the VC side. Southeast Asia-focused VC funds put $1.3…