Valuation mismatch, lack of scale & exit options remain key challenges in Vietnam startup space

Photo by chuttersnap on Unsplash

Vietnam witnessed another year of robust startup funding activities in 2017 marked by major rounds and also the entry of new regional venture capital players.

Some of the key deals include Sunlife Financial acquiring Timo, internet firm Appota raising a Series C round, TNB Ventures investing an eight-digit amount into an e-commerce startup and Vntrip raising $10 million from a Hong Kong investor. The year was also abuzz with news that e-commerce major Tiki landed more than VND1 trillion investment from in perhaps the year’s biggest deal.

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