Vietcetera Media, a Vietnam-based media firm, introduced to boost USD 2.7 million (VND 61.5 billion) after finishing two consecutive funding rounds in 2021. The funding rounds are led. led by North Base Media, a enterprise capital fund targeted on media firms.
The funding spherical included Go – Ventures fund (Indonesia), East Ventures fund (Indonesia), Summit Media (Philippines), Genesia Ventures fund and Z Enterprise Capital Company (Tokyo).
Z Enterprise Capital Company is a enterprise capital fund of Japan’s Z Holdings Group, managed by SoftBank Group and Naver Company. The funding spherical additionally concerned many household firms in Singapore and Vietnam.
Vietcetera Media was based in Ho Chi Minh Metropolis in 2016 by founders Hao Tran and Man Truong. Rising within the route of multimedia, the corporate says it has recorded fast development in income and readership.
In accordance with CEO Hao Tran, with the brand new capital efficiently raised, Vietcetera intends to proceed to enhance the standard of its content material, including new podcast applications to serve readers of Vietnam’s rising center class. . Cell app improvement, enterprise intelligence investments, content material licensing and licensing, and merger plans are the corporate’s prime priorities in 2022.