<article><a style="color: #000080;" href="https://www.dealstreetasia.com/tag/esp-capital/">ESP Capital</a>, the new homegrown venture capital firm in Vietnam, has invested in Canavi, a recruitment platform for women.</article>

<a style="color: #000080;" href="https://www.dealstreetasia.com/tag/esp-capital/">ESP Capital</a>, the new homegrown venture capital firm in Vietnam, has invested in Canavi, a recruitment platform for women.
The terms of the investment were not disclosed, but ESP Capital said in an earlier statement that it typically invests between $50,000-300,000.
The seed funding follows an $110,000 angel round that Canavi secured in 2016.
Proceeds from the latest financing will help the company hire more resources to improve its website and app, as well as invest more in marketing, said Canavi co-founder and CEO Hai Nguyen.
Starting out as a marketplace to provide part-time jobs for students and young women seeking model and PG positions, Canavi now has become a platform for a wide range of occupations in retail, hotel and hospitality, as well as specialised jobs in sales, marketing, accounting and human resources, among others.
The company had earlier roped in Dzung Nguyen, head of <a style="color: #000080;" href="https://www.dealstreetasia.com/tag/cyberagent-ventures/">Cyber Agent Ventures</a> Vietnam and Thailand, as an adviser. It now aims to extend its reach to hundreds of millions of women in Asia.
“In Asia, women often find it difficult to get their suitable jobs despite their experiences and even outstanding capabilities compared to their male counterparts,” the firm said in a statement.
Canavi does not only help women pick a job, it also claims to help them navigate their career.
“Six years ago, I helped the CEO of Pizza 4P to hire a fresh graduate to work as a server. Now she is a key member of the company. For many young women, they feel quite reluctant to be servers in restaurants after graduation. However, if you can create jobs and navigate the career paths for women, they will be successful and become real leaders,” said Dzung Nguyen.
Canavi is the fourth investment by ESP Capital, the $20-million Vietnam-focused venture capital firm launched last month. The three others are rental company Luxstay, real estate media Homedy.vn and flash deal website JamJa.
Also read:
<a style="color: #ff0000;" href="https://www.dealstreetasia.com/stories/esp-capital-vietnam-venture-capital-75794/">Vietnam: ESP Capital with $20m fund is latest homegrown VC</a>
<a style="color: #ff0000;" href="https://www.dealstreetasia.com/stories/vietnam-genesia-ventures-pix-vine-lead-seed-investment-real-estate-portal-homedy-73964/">Vietnam: Genesia Ventures, Pix Vine lead seed investment in realty portal Homedy</a>
<a style="color: #ff0000;" href="https://www.dealstreetasia.com/stories/genesia-ventures-invests-vietnams-airbnb-like-startup-luxstay-73563/">Genesia Ventures invests in Vietnam’s Airbnb-like startup Luxstay</a>

ESP Capital, the new homegrown venture capital firm in Vietnam, has invested in Canavi, a recruitment platform for women.

Vietnam: ESP Capital invests in women-focused careers platform Canavi

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Vietnam: ESP Capital invests in women-focused careers platform Canavi

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