IDG Ventures Vietnam

IDG Ventures Vietnam is a venture capital firm established in 2004 and headquartered in Hanoi, with additional offices in Ho Chi Minh City and Singapore. The firm specializes in investing in privately-held companies at various stages of development, from seed to growth stages. Its primary focus is on sectors such as consumer, technology, media, and information and communication technology (ICT), particularly in companies with significant operations in Vietnam. IDG Ventures Vietnam aims to be the first institutional investor in the companies it supports, often taking on a lead or co-lead role and participating in board activities. With $100 million under management, the firm is part of a global network of funds associated with International Data Group, enhancing its ability to foster innovation and growth in the entrepreneurial landscape.

Frederic de Bure

Venture Partne

Pho Pham

Senior Associate

Rachan Reddy

General Partner

Duc Tran

General Partner

Trung Vu

CFO

12 past transactions

Axal

Pre Seed Round in 2024
Axal is a technology company that develops a no-code platform for creating and deploying autonomous, verifiable agents. These agents can interact and operate independently, ensuring transparency and reliability in decentralized systems. The platform is designed to facilitate secure, self-executing operations, with built-in trust and accountability mechanisms.

Peel-Works

Series C in 2019
Peel-Works is a technology and data analytics company that focuses on enhancing eCommerce solutions for corner stores in India. Its flagship platform, Taikee, is an ISO-certified B2B grocery eCommerce service that connects traditional grocery retailers directly with leading FMCG brands. This integration allows retailers to conveniently source a diverse range of products at competitive prices through a single application, eliminating the need for multiple supplier interactions. Taikee addresses critical challenges such as inventory management, stock shortages, and cash flow issues by ensuring next-day delivery, thereby enabling retailers to provide a superior shopping experience for their customers. Additionally, Peel-Works offers inventory analytics services that deliver real-time insights at the store level, helping clients optimize their operations, reduce costs, and enhance customer loyalty. Through its tech-driven approach, Peel-Works is dedicated to improving sales and profitability for corner stores across India.

Manthan

Series C in 2012
Manthan is a leading cloud analytics company for consumer facing businesses. We excel in the application of decision sciences, advanced math and artificial intelligence and have a restless ability to invent and bring ideas to life. Manthan’s analytics solutions are powered by AI, cloud and prescriptive capabilities. They are unique in their ability to use machine intelligence to process every decision context and respond automatically with actions and recommendations to manage every aspect of a consumer business, whether its marketing, merchandising, channel/store, demand or supply. Manthan’s inventions aim to bring a new paradigm of context-aware, automated and algorithmic business decisions and actions, executed at scale.

NhomMua.com

Venture Round in 2011
NhomMua.com is an online shopping platform based in Ho Chi Minh City, Vietnam, founded in 2010. It functions as a groupon website, offering a wide range of products and services including dining, travel, health and beauty, fashion, electronics, and entertainment. The platform provides consumers with discounted deals and a rewards program, enhancing the shopping experience. Established by IDG Vietnam and Rebate Networks, NhomMua.com aims to cater to the diverse needs of Vietnamese consumers through its extensive e-commerce offerings.

Rubicon Project

Venture Round in 2010
Rubicon Project is a technology company that specializes in the automation of digital advertising. The company automates the buying and selling of advertising by offering products to connect buyers and sellers.

Rubicon Project

Series C in 2009
Rubicon Project is a technology company that specializes in the automation of digital advertising. The company automates the buying and selling of advertising by offering products to connect buyers and sellers.

BaoMoi

Seed Round in 2008
BaoMoi is a news and information publisher based in Hanoi, Vietnam. The company operates an automated information synthesis website that aggregates and classifies news from approximately 200 official Vietnamese electronic sources. Every day, BaoMoi compiles nearly 6,500 news articles, which are organized and displayed according to reader preferences. The platform covers a broad range of topics, including education, sports, entertainment, and science and technology, providing users with easy access to diverse and relevant information.

Rubicon Project

Series B in 2008
Rubicon Project is a technology company that specializes in the automation of digital advertising. The company automates the buying and selling of advertising by offering products to connect buyers and sellers.

CENTECH Communication JSC

Series A in 2007
CENTECH Communication, established in 2005, is a leading provider of digital services specializing in ICT solutions for the telecommunications and media sectors in Vietnam. The company offers a range of services, including OSS/BSS platforms, managed services, technical consulting, application and software

Punch Entertainment

Series A in 2006
Punch Entertainment is a developer and publisher of cross-platform community games designed for web, social networking sites, and mobile devices. The company has released notable titles such as "EGO," a social networking game, and "Reign of Swords," a multiplayer battle game, both of which allow seamless gameplay across various digital platforms. Punch Entertainment specializes in a wide range of game genres, including fighting, strategy, puzzle, shooter, card, and soccer games, catering to diverse player preferences. The company operates offices in Palo Alto, California, and Hanoi, Vietnam, positioning itself within the global gaming industry.

VNG

Series A in 2005
VNG is a prominent internet company in Vietnam, recognized for its extensive range of products and services. The company specializes in online games, communications and media, fintech, and cloud services, and is known for its popular platforms such as Zalo and TrueID. With a focus on innovation and technology, VNG continues to dominate the local market, offering over 20 well-received entertainment and community products. The company’s youthful and dynamic approach has positioned it as a leader in Vietnam's digital landscape.

PeaceSoft Solution Corporation

Seed Round in 2004
PeaceSoft Solution Corporation is a young IT companies operating in the field of electronic commerce.
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