Canavi, a start-up that specialises in job placements for women, has received funding from ESP Capital nearly two years after its launch.
Canavi, a start-up that specialises in job placements for women, has received funding from Singapore’s ESP Capital nearly two years after its launch.
The value of the investment was not revealed, but Hai Nguyen, CEO of Canavi, told Viet Nam News that Canavi had mobilised funds worth around US$300,000 from angel investors and ESP Capital.
“The fund will be used mainly to hire more talented people to improve the website Canavi.com and the app. We will also invest more in marketing to attract new users,” Hai said. “Our current clients are Pizza4P’s, Women Shoes Juno, Mercedes Benz, DeliveryNow.vn... and we believe that Canavi.com will have many new clients in the future, creating millions of jobs for Asian women.”
This year, the start-up was honoured by Forbes Asia. Canavi offers both part-time and full-time job opportunities in roles such as domestic help, receptionists, models, social influencers, as well as specialised jobs in sales, marketing, accounting and human resources.
The company’s mission is to help women find jobs they like, and navigate their careers by providing part-time and full-time jobs across many sectors. “In Asia, women find it difficult to get suitable jobs compared to men despite their appearances, experiences and outstanding capabilities. Canavi realises that there is a huge discrimination against women in a society that’s looking for gender equality, so the company is trying its best every day to pursue this mission,” said a company representative.
ESP Capital is a $20 million investment company based in Singapore with a branch office in HCM City. The fund focuses on potential early-stage start-ups in various fields in Viet Nam and the ASEAN. It targets investments in pre-seed and seed rounds ranging from $50,000 to $300,000. — VNS