A fun video was released on YouTube from the Topica Founders Institute showing some of the latest big investor funds in Vietnam and the startups they support. You can find a list below the video of all the funds and the hot startups that they love. These will be some key companies to watch over the next year or two. (Note: Most links below are in Vietnamese):
CyberAgent Ventures, from Japan
- Tiki.vn – It started off mainly shipping English books and Kindles into Vietnam, but Tiki has since expanded into Vietnamese books, increased its electronics offerings, and now offers a large assortment of products from toys to office products.
- Foody.vn – Some say this will be the Yelp of Vietnam. It’s a welcome competitor in the growing content wars in terms of local listings. It has provided a coupon system to encourage customers to write reviews, leveraging the power of crowdsourcing.
- Nhac Cua Tui – One of the biggest competitors to Zing in the music downloading sector. Downloads are free here, so it remains to be seen what will happen when they get hit with international standards, as Zing has.
- Colorbox.vn – A new player in the growing mobile gaming space. A space that I believe is already getting quite competitive.
[UPDATE: The video contains some incorrect information, so we’ve removed MobiVI from this list, and instead added Colorbox.vn].
Prosperous Vietnam Investment Corporation, from Vietnam
- Blue Up – An interesting take on education with flashcards. Homegrown at a Startup Weekend event in Ho Chi Minh city.
Duxton Capital, from Singapore
- VTC Online – A startup that straddles two worlds, one of the new state-run social media networks that also does online gaming. Clearly, a lucrative place to be with VNG being the biggest startup success in Vietnam, built on top of gaming.
Kusto Tiger IT Investment fund, from Vietnam
- Wada.vn – Currently Vietnam’s biggest homegrown search site that does not play mainly in the mp3 market like Zing. We were at the launch of this last month and heard how it wants to make searching in the Vietnamese language a lot easier than it is on Google.
- Everyday.vn – Yet another Vietnamese group buying platform. It’s website is currently down.
Intel Capital, from the US
- VCCorp – One of Vietnam’s largest technology companies, with its hands in many different websites from group buying to music to food. It has been buying its way to innovation for the last few years.
IDG Ventures, from the US
- Project Lana – A startup that has yet to fully launch, but is rumored to be entering the e-commerce space targeting the ladies’ market.
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