Leflair, a Vietnam-based ecommerce platform, has raised $7 million in series B funding led by South Korea-based GS Shop and Cambodia-based Belt Road Capital Management in January this year. The start-up now has four million users from 101 countries around the world, making it into the top five leading AI applications, along with Microsoft's Cortana and Google's Google Allo. The successful capital call raises Elsa Speak’s total investment capital to $12 million.Įlsa Speak was launched in 2015, co-founded by Vietnamese woman Văn Đinh Hồng Vũ and Portuguese Xavier Anguera, an artificial intelligence and voice recognition expert. Yola, a Vietnamese ELT service provider, received a $10 million investment from Singapore- and India-based education fund manager Kaizen Private Equity (Kaizen PE) in August this year.īefore Kaizen PE, Yola was invested by Mekong Capital with $4.9 million in 2016.Įlsa Speak, an English learning application, has successfully raised $7 million in Series A round from some investors in February, leading by Gradient Ventures, a Google’s fund for AI. Loship provides many services such as food delivery, groceries delivery, laundry and medicine delivery. Lozi is a platform operating under the C2C (customer-to-customer) e-commerce business model. The start-up now has two applications, which are Lozi and Loship. Launched in 2013, Lozi was firstly an application that allowed users to search for cafes and eateries. With new capital, the company expected to bring in $31 million in revenue next year. Lozi secured an eight-digit funding (in US dollars) led by South Korean investment firm Smilegate in early November. Trần Hải Linh, Sendo director general, said the company would use the new funding to expand its services, invest in AI technology and machine learning. Last year, Sendo successfully mobilised $51 million in Series B round. E-commerce platform Sendo of Sen Đỏ Technology JSC completed a $61 million Series C funding round.īesides previous investors, this round of fundraising has the participation of two new investors, Indonesian EV Growth and Thai Kasikornbank.
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