CNV, a cloud-based enterprise and advertising options supplier in Vietnam, has secured US$1 million in recent funding from Wavemaker Companions.
The spherical comes three years after CNV raised strategic pre-seed funding from SME funds and providers agency NextPay.
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Based in 2020 by Nguyen Tuan Phu and Do Dang Khoa, CNV gives digital transformation SaaS merchandise and advertising progress providers to help enterprises in Vietnam to attain sustainable progress by way of advertising, loyalty and e-commerce actions.
CNV at the moment serves over 2,0000 prospects, together with multinational firms, native enterprises, SMEs, MSMEs, and authorities companies, serving to them optimise their client-facing actions and backend buyer information platform evaluation actions.
In 2023, CNV launched the Zalo mini apps, which give channels for companies to interact comprehensively with prospects. It offers an app-within-app expertise that lets companies purchase customers at a decrease value and interact with them extra deeply and seamlessly.
CNV claims to have witnessed a 250 per cent progress in income and variety of prospects acquired.
“Our subsequent huge steps embrace fostering collaboration to design unique monetary merchandise for every buyer phase,” mentioned CNV CEO Phu Nguyen.
Additionally Learn: Startup investments in Vietnam see 39% drop in Q1
Vietnam’s enterprise surroundings is more and more dynamic and entrepreneurial, with sturdy backing from an SME and MSMEs base. Based on the Ministry of Planning and Funding, Vietnam has roughly a million registered operational companies, and greater than 97 per cent of SMEs contribute to 45 per cent of the nationwide GDP.
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The submit CNV baggage US$1M from Wavemaker Companions to digitalise MSMEs in Vietnam appeared first on e27.