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 smart web3 systems by just stating your intent.

Peel-Works

Series C in 2019
Peel-Works is a technology and data analytics company focused on enhancing eCommerce for corner stores in India. Through its ISO-certified platform, Taikee, the company offers a B2B grocery eCommerce solution that simplifies the procurement process for traditional grocery retailers. By partnering with leading FMCG brands, Taikee enables corner stores to source a diverse range of products at competitive prices via a single application, eliminating the need for multiple supplier interactions. The platform addresses key challenges such as inventory management, stock shortages, and working capital constraints by ensuring next-day delivery, ultimately improving the shopping experience for consumers. Additionally, Peel-Works provides inventory analytics services that deliver real-time insights to help retailers optimize operations, reduce costs, and enhance customer loyalty, thereby driving sales and profitability for small retail businesses.

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 aggregation website based in Hanoi, Vietnam, specializing in the automatic compilation and classification of information from nearly 200 official sources of Vietnamese electronic media. The platform aggregates approximately 6,500 news articles daily, covering a wide range of topics, including education, sports, entertainment, and science and technology. By utilizing automated systems, BaoMoi efficiently organizes and displays content according to reader preferences, making it a comprehensive resource for accessing current news and information in Vietnam.

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 specializing in cross-platform community games that can be accessed on the web, social networking sites, and mobile devices. The company has introduced two notable games: "EGO," a social networking game, and "Reign of Swords," a multiplayer battle game, both designed for seamless play across various digital platforms. Punch provides a diverse range of game genres, including fighting, multiplayer, strategy, puzzle, shooter, card, and soccer games, catering to a wide audience. The company operates offices in Palo Alto, California, and Hanoi, Vietnam.

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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