Mandu, headquartered in Vietnam, is a burgeoning player in the social commerce industry, founded in 2021. The company's mission, encapsulated in its slogan, "Unlock the entrepreneur in everyone," aims to foster micro-entrepreneurship, particularly among Vietnamese women, by developing a comprehensive online business ecosystem.
With its roots in Hanoi, Mandu has experienced tremendous growth, achieving thirtyfold sales expansion and reaching profitability within just 12 months. The founding team, seasoned veterans in e-commerce and social commerce, is bolstered by strategic and financial backing from notable venture capital funds both within Vietnam and internationally.
Mandu's achievements are underpinned by an impressive advisory board featuring executives from corporations like VinGroup, Kakao, UBS, and FPT. Their latest financial momentum comes from a $1.00M Seed Round investment on 30 March 2022, led by AVV.