raises $1.3 million

Thursday, Dec 13, 2018 08:05 homepage. — VNS Photo, a Viet Nam-based SaaS (software as a service) platform enterprise, has successfully raised US$1.3 million in its second round of funding.

This round was led by Alpha JWC Ventures (Indonesia) and Beenext (Singapore), with 500 Startups and VIISA, who had provided seed funding, joining in again.

The amount is “the biggest ever invested in a B2B tech company in Viet Nam,” Pham Kim Hung,’s founder and CEO, said.

“Our first priority with this funding is to acquire more talent for product development and build a solid platform for our strategic expansion in Southeast Asia in mid-2019.”

Alpha JWC Ventures’ co-founder and managing partner, Chandra Tjan, said: “Selling to enterprises is challenging, and with its outstanding products has managed to become a market leader in the SaaS sector in Viet Nam.”

Founded in 2016, is the first open platform in Southeast Asia that helps enterprises streamline company activities such as hiring, payroll, task management, team collaboration and approval management.

It has more than 20 applications in five key product lines -- human resource management, workload tracking, task management, finance, and marketing and sales -- via multiple apps such as Hiring, Approval Management, Task Management, and Communication.

It said its mission is to build a centralised platform with the best softwares for businesses.

Its products have been used by more than 500 SMEs and corporate customers in Viet Nam like VIB Bank, VP Bank, McDonald’s, MK Group, The Coffee House, and VinCommerce.

Last August had announced its seed round funding from VIISA and 500 Startups besides three other angel investors. — VNS

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