Announced
Completed
Financials
Tags
Private Equity
Venture Capital
technology company
Vietnam
Friendly
Digital Services
Acquisition
Cross Border
Minority
Private
Completed
Synopsis
General Atlantic and Dragoneer Investment led a $250m Series B funding round in VNLIFE, a technology company pioneering the development of Vietnam’s digital ecosystem. Additional investors include PayPal Ventures, EDBI, GIC and SoftBank Vision Fund. “The global experience and perspective they can bring to further support our growth ambitions is very exciting. Given a rapidly growing digital consumer base in the country, the additional funding will allow us to accelerate our efforts in technologically enabling our merchant partners to keep up with this change," Niraan De Silva, VNLIFE Managing Director.
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