Top 10 Rising Startups in Vietnam

Vietnam's startup ecosystem is booming, with numerous innovative companies making headlines and attracting significant investments. The country's vibrant technology landscape has given rise to several startups that not only cater to local markets but are also poised for regional expansion. Here, we highlight the top 10 rising startups in Vietnam that are redefining industries and paving the way for future growth.

Quick Picks

1. Med247
2. Jio Health
3. FoodMap
4. OpenCommerce Group
5. Mio
6. Ancient8
7. Rino
8. Starbots
9. Bave
10. M Village

1. Med247

Founded in 2019, Med247 is revolutionizing healthcare in Vietnam by offering a mobile telehealth application that bridges the gap between patients and healthcare providers. With a recent funding boost of $4.5 million, this startup is expanding its family clinic network and developing a training academy for medical professionals. Med247 is ideal for anyone looking for convenient healthcare solutions, especially in urban areas.

2. Jio Health

Jio Health has successfully raised $20 million in its Series B funding round, aiming to enhance its omnichannel healthcare services across Vietnam. They focus on providing comprehensive clinical services through Smart Clinics and expanding their technology platform. Jio Health is perfect for tech-savvy consumers wanting accessible healthcare options integrated with technology.

3. FoodMap

FoodMap connects farmers and consumers, ensuring transparency and traceability in agricultural produce. With a funding round of $3 million, this agritech startup is set to enhance its operations and recruiting key personnel. It is an excellent choice for eco-conscious consumers eager for fresh produce directly from the source.

4. OpenCommerce Group

OpenCommerce Group, founded in 2014, has developed an automated cross-border e-commerce platform that assists merchants in overcoming barriers to international sales. After raising $7 million, they are set to enhance product offerings and expand globally. This platform is ideal for small to medium-sized enterprises looking to scale their e-commerce operations.

5. Mio

Mio is a group buying platform focusing on fresh produce and groceries, specifically in Tier 2 and 3 cities. With an impressive $8 million raised, Mio aims to enhance its logistics and fulfillment systems to deliver products directly from farms. This startup appeals to budget-conscious consumers looking for fresh food options at competitive prices.

6. Ancient8

Founded in 2021, Ancient8 has quickly positioned itself in the metaverse space, raising $4 million in seed funding. The startup aims to educate and empower users in the digital economy, focusing on creating a decentralized autonomous organization. This venture is perfect for tech enthusiasts and gamers interested in cryptocurrency and blockchain technology.

7. Rino

Rino, a newcomer in the rapid commerce sector, raised $3 million in Pre-Seed funding to deliver grocery items quickly. They aim to implement a 10-minute delivery service through “dark shops” in Ho Chi Minh City. Rino is a great option for busy urban dwellers looking for fast and reliable grocery delivery.

8. Starbots

This gaming startup has developed a battle NFT game on the Solana blockchain and raised $2.4 million. Starbots allows players to create their own robots and participate in battles, making it attractive to gaming enthusiasts and NFT collectors. The funding will aid in accelerating growth and expanding its gaming operations.

9. Bave

Bave connects drivers with merchants providing car parts and services. Recently securing $1 million in Pre-Seed funding, Bave plans to expand its operations and develop a secondhand car marketplace. This startup is ideal for car owners looking for convenient and reliable automotive services.

10. M Village

M Village, founded by the ex-CEO of The Coffee House, offers co-living spaces in Ho Chi Minh City. With $1.7 million in funding, the startup aims to enhance technology and expand its services to more districts. It’s a perfect choice for young professionals seeking community-oriented living solutions.

In conclusion, Vietnam's startup scene is thriving, with innovative companies across various sectors. These rising startups not only highlight the country's growing entrepreneurial spirit but also present exciting opportunities for investors and consumers alike. As they continue to grow and expand, these companies will undoubtedly shape Vietnam's economic future.