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Local startups successfully mobilise huge amounts of capital

Monday, 17:57, 19/04/2021
VOV.VN trên Google News

VOV.VN - VNPay, MoMo, Tiki, and Sendo are all Vietnamese startups which have successfully attracted investment capital of over US$100 million.

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Local fintech and e-commerce start-ups have been able to entice plenty of investment capital over recent years, let’s take a look at the most successful on the domestic scene.
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According to the e-Conomy SEA 2020 report released by Google, VNPay has become the nation’s second unicorn startup and has grown to be one of 12 companies throughout Southeast Asia with a valuation of US$1 billion
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VNPay also makes the unicorn list due to successfully mobilising capital from the SoftBank Vision Fund and the Singaporean investment fund of the Government of Singapore in 2019. According to Crunchbase, the amount of capital mobilisation by VNPay reached approximately US$300 million.
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First established in 2010, Tiki originally started as a platform for selling foreign language books online
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Tiki typically doesn’t disclose the amount of capital mobilisation. However, data compiled by Crunchbase indicates that the startup has raised a total of US$192.5 million through seven rounds of capital mobilisation
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According to Crunchbase’s figures, MoMo Wallet has also raised roughly US$ 234 million through four separate rounds of capital mobilisation
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Most notably, the latest round of capital mobilisation allowed MoMo to raise about US$100 million in early 2021
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The Sendo.vn e-commerce project has also successfully raised a huge quantity of capital through several rounds of capital mobilisation.
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Sendo raised over US$110 million in 2018 and 2019 alone.
VOV
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