By Nguyen Thi Bich Ngoc
The transaction has marked the first acquisition of a company in Vietnam by Advantage Partners’ funds.
Prosecutors in Ho Chi Minh City have appealed a verdict ordering Grab to pay compensation to domestic taxi firm Vinasun.
The loans will help finance BIM Land’s three new projects in Vietnam and Laos.
David Su, a founding managing partner at Matrix Partners China, also invested in the latest funding round.
Earlier, In 2013, Mitsui acquired 31 per cent of Minh Phu Hau Giang, an affiliate of the Vietnamese seafood major.
Yeah1 has acquired several media businesses including Thailand’s SPRING Me, France-based Something Big and US-based ScaleLab.
Moving forward, BRCM will explore some larger private equity deals in real estate and infrastructure.
The aggregate consideration for the acquisition is 340.8 billion dong, or $14.7 million.
CyberAgent Capital and SEAF Women’s Opportunity Fund have invested an undisclosed sum in Vietnam’s e-learning platform Kyna.
Set up in 2014, TheBank compares products such as credit cards, loans, savings and insurance.