The funding is a follow-on investment to the Expara acceleration grant, Phi Nguyen, founder and CEO of Hiip, revealed to DEALSTREETASIA.
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While most accelerators help companies raise money, Expara has its own fund and accelerator, so startups who finish the programme do not have to chase after investors. It’s collaboration with Microsoft also promises to offer market support to these startups
The healthy snacks company will use the new funds to increase its headcount and product offerings. In return, it hopes that these efforts will help to bring in new customers and retain existing ones.
Vietnamese startups stand a chance to mop up funding of up to $500,000 from Microsoft Vietnam, Singapore-based venture capital firm Expara and Ho Chi Minh City-based Customer Loyalty and Acquisition Services (CLAS), as the three launched their CLAS Expara Startup Accelerator programmed earlier this week. The programme is receiving applications until… Read more »
Singapore-based venture capital (VC) firm Expara Ventures, which invests in interactive and digital media startups in the city-state, Malaysia and Thailand, has held the first close of its second fund, on S$5 million, DEALSTREEASIA has learnt. It is understood the vehicle has received commitments for a large part of its S$30… Read more »
Singapore-based venture capital firm Expara Ventures, which invests in interactive and digital media startups in the city-state, Malaysia and Thailand, is raising a new fund with a target of S$30 million (US$ 21.6 million), an executive directly aware of the development said. Called the ‘Regional Early Stage Fund’, it will… Read more »
This is a 67% jump when compared $150 million in 2015.
The investment (distinguishing from the VSV grants at least at $10,000 each) stood at around $100,000 for a company and mostly came from angel investors.
Chinese mobile social and entertainment platform Asia Innovations Group (AIG) has acquired a major stake at Vietnam-based Big Cat Entertainment, the owner of some most popular Youtube channels from the Southeast Asian country.
Ho Chi Minh City, the southern metropolis of Vietnam, will launch a VND1 trillion ($45 million) support package for young businesses, including tech startups, the city’s department of science and technology reportedly announced at a recent meeting.