On July 11th, 2019, at the Renaissance Riverside Hotel in Ho Chi Minh City, VIISA celebrated the completion of the fifth batch of its 4-month accelerator program with the Investment Day. The invitation-only event welcomed more than 100 active and accredited investors, corporations and startup community builders.
Batch 5 of Accelerator Program consists of 3 startups: VDES, Loglag and SaveMoney. One interesting common point in this batch is they are all building platform. They are:
● VDES: A one-stop-shop marketplace, VDES connects event venues and event suppliers to customers in the simplest way with advanced technology including Big Data, Machine Learning, and Virtual Reality. By providing the ecosystem service, customers can save 80% time & 30% cost in all booking processes and receive the best price guarantee. In addition, VDES supports vendors to increase their competitive advantage in the market, reduce cost and be more effective in managing businesses.
● SaveMoney provides a full insurance service provider who combines an innovative insurance platform technology with high-quality brokerage advisory. SaveMoney’s solution is a highly flexible and highly scalable digital insurance platform with an integrated B2C advisory process using Big data, giving the possibility to design, implement and roll-out existing and new insurance services within 3 months.
● Loglag provides a truck and container booking platform with Big Data, AI techniques applied. By leveraging mobile connectivity, Loglag connects drivers and fleet owners to cargos and customers in order to make the logistics and transportation industry in Vietnam more accessible.
The startup in batch 5 has gone through intensive training. With 7 training sessions, 10 experts and more than 150 working hours with VIISA in 12 weeks, from Product/Market Fit to help the startups see the world differently, inspire new ways to create value for customers, to closing business and investment deals, and developing scalable business models. The startups also received seed fund from VIISA and benefited from VIISA partners such as Amazon Web Services, Google Cloud, Payoo, MoonLab Co-working space,….). They came on stage at VIISA Investment Day #5, presenting real businesses with real customers, recording the high growth and strong interest from top-tier investors in less than 3 months. The promising startups will be able to get a follow-on funding of up to $200,000 from VIISA when they secure a new round of funding from other investors.