TopCV Vietnam secures strategic investment from Japan's Mynavi Corporation

September 13, 2023 | 11:26
(0) user say
TopCV Vietnam, a rising start-up within the human resources (HR) sector, in late August confirmed its continued receipt of strategic investment worth several tens of millions of dollars from Japan's HR conglomerate, Mynavi Corporation.
TopCV Vietnam secures strategic investment from Japan's Mynavi Corporation

Mynavi's initial equity contribution to TopCV's venture was made in 2021. Prior to the Japanese conglomerate's involvement, TopCV had garnered investments from various domestic and international funds, including South Korea's Nextrans, Next100, and VIC Partners, among others.

The sustained financial backing from Mynavi is anticipated to herald a significant step forward, amplifying the technological prowess to elevate the quality of the human resource pool.

Such a move is poised to provide a competitive edge, propelling businesses towards sustainable growth and elevating the stature of the HR Tech market in Vietnam – a sphere centred on integrating technology into human resource management.

Representatives from Mynavi believe that the decision to collaborate with TopCV was driven by a shared mission and vision, with both companies striving towards the construction of a more harmonious society for all.

TopCV's unique advantages, ranging from its technological might and valuable practical ecosystem to its passionate personnel, play an integral role.

"We believe that this will serve as a robust launchpad, ensuring our partner's sustainable growth in the future," shared the Mynavi spokesperson.

Tran Trung Hieu, CEO of TopCV remarked, "We are confident that Mynavi's long-term commitment will furnish TopCV with significant advantages in terms of resources and expertise in the human resources domain, not just in Vietnam, but globally. This will undeniably enable TopCV to fulfil its mission and address the market's intricate challenges more swiftly and efficiently."

Decoding preferences of investors in tech startups Decoding preferences of investors in tech startups

In an exclusive interview, VIR’s Luu Huong explored Vietnam’s vibrant startup ecosystem with Hung Truong, senior investment director at SK Vietnam and judge for the KPMG Global Tech Innovator 2023, discussing investor preferences, regional competition, and strategies for startups.

Startups look to build synergy with established names Startups look to build synergy with established names

Innovative startups could be ready to act as catalysts for transformative change within well-established corporations.

Vietnamese edtech startup Vuihoc secures $6 million in funding round led by TNB Aura Vietnamese edtech startup Vuihoc secures $6 million in funding round led by TNB Aura

The Vietnamese edtech startup, Vuihoc, has successfully raised $6 million in its latest funding round, with TNB Aura – a prominent venture capital firm – taking the lead.

By Tri Lam

What the stars mean:

★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional