01 March 2021

Investors bet big on Vietnam’s proptech sector as startups diversify into allied services

Sheryl Ho

Investors bet big on Vietnam’s proptech sector as startups diversify into allied services
Media
Investors bet big on Vietnam’s proptech sector as startups diversify into allied services

The burgeoning proptech market in Vietnam is increasingly catching the fancy of investors as startups look to diversify into other allied services such as decor, insurance and mortgage and not just be reliant on listings.

The total amount pumped in by foreign and homegrown investors in the sector touched about $75 million between January 2019 and December 2020, per venture capital firm FEBE Ventures’s estimates. In fact, given the fragmented nature of the sector, the number could well be under-reported, cautioned experts.

Read more on DealStreetAsia.