Vietnam’s TicketBox raises series A funding from 500 Startups, Susquehanna International

By Nguyen Thi Bich Ngoc

November 25, 2016

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.

Meanwhile, the information about the deal was posted on Crunchbase, which listed 500 Startups and global tech investment group Susquehanna International as investors in this round.

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.

Also read:

Nearly half of Vietnam Silicon Valley startups get external funding: Han Ngoc Tuan Linh

Gobi leads $800K funding in Captii-backed Vietnamese fintech OnOnPay

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

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  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.
APPLY NOW