Vietnam-based ticketing platform TicketBox, winner of the Ricebowl Startup Awards 2016, is understood to have snapped up an undisclosed series A funding, a source familiar with the matter told DEALSTREETASIA. The source did not disclose any further deal details.
The US early stage VC fund is an existing investor in TicketBox having participated in its seed round in 2014. Thai digital content provider Ookbee also joined that funding, according to Crunchbase.
The funding directory website dated the series A investment in July.
Mike Tran, founder and CEO of TicketBox, did not comment on the deal.
Ticketbox, founded in 2013, provides online ticketing services for a variety of events in Vietnam. While there have been a number of Vietnamese startups developing online booking platforms for air and bus tickets, Mike is reportedly keen on the event ticket model.
His company acquired Muaticket in 2014, getting in key e-commerce executives of the purchased firm to facilitate the expansion of TicketBox, according to a post on ICT News, a Vietnamese newswire.
TicketBox is stepping up on recruitment to strengthen its local foothold as also exand its regional presence.
It was originally branded as Keewi, an incubated startup under the Topica Founder Institute franchise, which claims to be the top 5 startup accelerator in Southeast Asia and to have helped 48 graduated startups raise a total of over $15 million at a combined valuation of more than $80 million.