FundedIQ

Funded Commerce and Shopping Startups in Ho Chi Minh City

The 16 records here span April 2020 through April 2025, covering a broad range of sub-verticals within Ho Chi Minh City's commerce and shopping ecosystem —…

The 16 records here span April 2020 through April 2025, covering a broad range of sub-verticals within Ho Chi Minh City's commerce and shopping ecosystem — from B2B grocery supply (KAMEREO's $8M Series B in December 2024) to automotive resale (eCarAid's $1M Seed in July 2024) and pharmaceutical distribution (Buymed's $18M Series B in May 2023). Seed is the dominant stage, accounting for six of the sixteen rounds, with disclosed amounts ranging from Vucar's $100K pre-seed in May 2023 to Kilo's $5M seed in November 2021.

The largest single disclosed raise is Propzy's $25M round (June 2020), followed by Buymed at $18M. Deal activity clustered notably in 2022, when Docosan, Fundiin, Piktina, and Sendo all closed rounds between July and November. Five companies — including M Village (Series B) and Sendo (Convertible Note) — did not disclose round sizes, which is relevant context for any outreach or market sizing work.

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16 shown

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Frequently asked

What are the largest disclosed funding rounds among these Ho Chi Minh City commerce startups?

Propzy leads with $25M (June 2020), followed by Buymed's $18M Series B in May 2023. KAMEREO and Onpoint Ecommerce each raised $8M — KAMEREO in December 2024 and Onpoint in April 2020. Fundiin and Kilo both closed $5M rounds in late 2022 and late 2021 respectively.

Which funding stage is most common in this segment?

Seed is the most represented stage, with six companies — FastHub Vietnam, eCarAid, Vigo Retail, Piktina, Kilo, and EI INDUSTRIAL — all raising at that level. Series B appears three times (KAMEREO, M Village, Buymed), and there is one each of Pre-Seed, Series A, and Convertible Note.

What sub-verticals do these companies actually operate in?

The 16 companies span B2B food and grocery supply (KAMEREO), automotive resale (eCarAid, Vucar), pharmaceutical distribution (Buymed, Docosan), buy-now-pay-later (Fundiin), e-commerce enablement and marketplaces (Onpoint Ecommerce, Sendo, Kilo), retail technology (Vigo Retail), and real estate commerce (Propzy). The segment label covers a wide range of transaction-oriented businesses.

When was deal activity most concentrated in this group?

Four rounds closed within a five-month window between July and November 2022 — Sendo (July), Piktina and Fundiin (October), and Docosan (November). 2024 also saw a cluster of five deals: ScaleUP (March), Vigo Retail (June), eCarAid (July), M Village (July), and KAMEREO (December).

How many of these companies have not disclosed their round size?

Five of the 16 rounds list no disclosed amount: M Village (Series B), Vigo Retail (Seed), ScaleUP, Docosan (Series Unknown), and Sendo (Convertible Note). For sales prospecting purposes, these companies have confirmed institutional backing but limited public financial detail.

What is the most recent funding activity in this segment?

FastHub Vietnam closed a $200K Seed round on April 2, 2025 — the most recent date in the dataset. Before that, KAMEREO closed its $8M Series B in December 2024, making it the most recent growth-stage deal shown.

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