Vietnam-based mobile platform provider Appota announced on April 6 it had successfully raised undisclosed funding for its series C round from two investment funds in the RoK.
Founder and CEO of Appota Do Tuan Anh (Photo: baodautu.vn)
Hanoi (VNA) - Vietnam-based mobile platform provider Appota announced on April6 it had successfully raised undisclosed funding for its series C round fromtwo investment funds in the Republic of Korea (RoK), according to the Dau Tu (Investment)newspaper.
Thetwo funds are Korea Investment Partners (KIP) and Mirae Asset VentureInvestment.
Thecurrent round brings Appota’s valuation on track towards the 50 million USD markand its total funding close to 10 million USD, founder and CEO of Appota DoTuan Anh said.
Earlier,the mobile platform provider received funding from Vietnamese VNP-Group forseries A in 2012 and from Japan’s GMO Global Payment Fund and Golden GateVentures for series B in 2014.
Followingthe round, Sang-Ho Park, KIP director of investment at the Seoul-headquarteredfund, will join Appota’s board of directors.
Thisround marks a first in terms of a Vietnam-based technology startup securingfunding from RoK-based investment funds.
"Besidesthe much-needed capital to fortify our platform and scale our services, KIP andMirae will contribute their extensive and active network, along with theirprofound knowledge of the gaming market, social networking and financial techto help Appota expand with confidence to other parts of Asia," Tuan Anhsaid.
Asone of the three largest mobile game publishers in Vietnam, Appota has officesin Hanoi, HCM City, Indonesia and Singapore.
Thecompany is one of Google’s four partners in Asia to deploy the tech giant’sMobile Ad Exchange platform in Vietnam. It also has 30 million local andinternational users and five million monthly active users.
Priorto investing in Appota, KIP has had a strong track record in investing in theworld’s leading tech companies, including Kakao, Naver and Super Evil Megacorp.Meanwhile, Mirae’s portfolio comprises 270 companies worldwide across varioussectors, such as technology, mobile, finance and consumer products.
The holding groups of both KIP and Mirae AssetVenture Investment are present in Vietnam through their brokerage houses andwealth management units. KIP manages 26 venture and private equity funds with 1.5billion USD in total assets under management (AUM), while the investedcompanies of the latter represent 350 billion USD AUM.-VNA
Over the past two years, Vietnam’s internet and mobile market has caught the attention of both major domestic and international investors, said the Vietnam Investment Review.
Venture investment funds in Vietnam have been disbursing more money to targeted firms, particularly startups with potential, the English language news portal VietNamNet Bridge reported.
Eight out of 14 start-ups of the Topica Founder Institute (TFI) introduced their products and called for investment at the Topica Founder Showcase 2016, held in Hanoi on August 10.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
Founder and CEO of Appota Do Tuan Anh (Photo: baodautu.vn) 
