Weekly roundup: Vietnam's Rino bags $3m and other SE Asia deals

Rino, a Vietnamese startup that offers 10-minute instant delivery, announced raising $3 million in its pre-seed funding round backed by Sequoia Capital India, Venturra Discovery, Global Founders Capital, and Saison Capital.

Founded by former Grab Vietnam Two-Wheel division head Trung Than Nguyen, the startup said it cuts grocery delivery times down to just 10 minutes by setting up “dark stores”, or order fulfillment centres that serve as logistics bases and are not intended to be directly customer-facing.

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