News & Events
The latest stories, milestones, and moments from Do Ventures and our portfolio.
Closing US$2.5 million, Vietnamese Fintech startup MFast actively seeks talent and expands its agent network
Financial service app MFast has raised US$2.5 million in a funding round led by Ascend Vietnam Ventures with participation from Wavemaker and two other existing investors Do Ventures & JAFCO Asia, bringing its total capital funding to US$4 million.
Do Ventures backs South Korea-based EdTech platform Ringle matching English learners with Ivy League tutors
Do Ventures announces its investment in Ringle’s Series A funding round to support the company’s expansion efforts in the Vietnam market. Headquartered in Seoul, Ringle offers a premium online English tutoring service that connects learners with tutors from leading universities in the U.S. and the U.K.
OpenCommerce Group raises $7M in a Series A round backed by VNG and Do Ventures
OpenCommerce Group (OCG), a Vietnam-based cross-border e-commerce startup, has raised $7M in a Series A round led by the country's first unicorn VNG with the additional participation of local venture capital firm Do Ventures.
Selly raised $2.6M from CyberAgent Capital, Do Ventures, Genesia Ventures, JAFCO Asia, and Kvision
Selly – a Vietnam-based social commerce platform has raised $2.6M in a Pre-Series A funding round from CyberAgent Capital, Do Ventures, Genesia Ventures, JAFCO Asia, and Kvision. Less than a year after launch, Selly has created employment opportunities for hundreds of thousands of women and people who lost their jobs or income due to Covid-19.
Validus, TTC Group and Do Ventures form joint venture to expand access to credit for SMEs in Vietnam via digital marketplace lending platform
- The joint venture (“JV”) will leverage multiple synergies to deepen financial inclusion for Small and Medium Enterprises (“SMEs”), boost business financing and create lasting impact through partnerships, data and technology. - The JV supports Validus Vietnam’s growth ambitions and reinforces the commitment of all parties towards driving financial inclusion amongst SMEs in Vietnam. - Validus is Southeast Asia’s leading SME financing platform, having crossed the US$1 billion mark in loans disbursed and is expected to double the amount in the next 12 months.