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Mio, a social commerce startup focused on smaller cities and rural areas in Vietnam, raises $1M seed – TechCrunch – Bestgamingpro


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Vietnam has one of many fastest-growing e-commerce markets in Southeast Asia, however many main platforms nonetheless give attention to giant cities. This implies individuals in smaller cities or rural areas have to cope with longer wait occasions for deliveries. Social commerce firm Mio is benefiting from that hole by constructing a reseller community and logistics infrastructure that may provide next-day supply to tier 2 and three cities.
The startup, which presently focuses on recent groceries and plans to develop into extra classes, introduced in the present day it has raised $1 million in seed funding. The spherical was co-led by Venturra Discovery and Golden Gate Ventures. Different individuals included iSeed SEA, DoorDash govt Gokul Rajaram and Vidit Aatrey and Sanjeev Barnwal, co-founders of Indian social commerce unicorn Meesho. ....

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Mio, a social commerce startup focused on smaller cities and rural areas in Vietnam, raises $1M seed – TechCrunch


Mio, a social commerce startup focused on smaller cities and rural areas in Vietnam, raises $1M seed
Vietnam has one of the fastest-growing e-commerce markets in Southeast Asia, but many major platforms still focus on large cities. This means people in smaller cities or rural areas need to deal with longer wait times for deliveries. Social commerce company Mio is taking advantage of that gap by building a reseller network and logistics infrastructure that can offer next-day delivery to tier 2 and 3 cities.
The startup, which currently focuses on fresh groceries and plans to expand into more categories, announced today it has raised $1 million in seed funding. The round was co-led by Venturra Discovery and Golden Gate Ventures. Other participants included iSeed SEA, DoorDash executive Gokul Rajaram and Vidit Aatrey and Sanjeev Barnwal, co-founders of Indian social commerce unicorn Meesho. ....

Republic Of , Dong Nai , Tinh Ha , Binh Dong , Trung Huynh , Vidit Aatrey , Valerie Vu , Sanjeev Barnwal , Chi Minh , Tu Le , Ho Chi Minh , Gokul Rajaram , Southeast Asia , Venturra Discovery , Golden Gate , Thu Duc , குடியரசு ஆஃப் , டாங் நாய் , டின் எச்ஏ , பின் டாங் , ட்ரங் ஹூய்னி , வீதித் ஆற்றிய , சஞ்சீவ் பார்ன்வால் , சி மிந் , து லெ , ஹோ சி மிந் ,