What is Telio?
Founded in 2018, Telio operates within Vietnam's burgeoning e-commerce landscape. The platform serves as a crucial intermediary, facilitating transactions between retailers and a network of brands and wholesalers. By streamlining the supply chain and offering a digitalized procurement solution, Telio addresses key challenges faced by traditional retail businesses in the region, positioning itself as a vital player in the B2B e-commerce sector.
How much funding has Telio raised?
Telio has raised a total of $49M across 3 funding rounds:
Angel/Seed
$1.5M
Series A
$25M
Series B
$22.5M
Angel/Seed (2019): $1.5M, investors not publicly disclosed
Series A (2019): $25M led by Tiger Global Management
Series B (2021): $22.5M supported by GGV Capital and VNG.co
Key Investors in Telio
Tiger Global Management
Tiger Global Management is an investment firm known for its significant capital deployment in both public and private markets, often focusing on technology and growth-stage companies.
GGV Capital
GGV Capital is a global venture firm that invests in seed-to-growth stage companies across sectors like Social/Internet, Enterprise Tech, and Smart Tech, with a focus on backing founders worldwide.
VNG.co
VNG is a prominent Vietnamese technology company that invests in and develops internet-related products and services, often focusing on local market opportunities.
What's next for Telio?
The recent major strategic investment indicates Telio's readiness for an accelerated growth phase. This capital infusion is expected to fuel expansion initiatives, potentially including broader market penetration across Vietnam and neighboring regions, enhancements to its technological infrastructure, and the onboarding of more brands and wholesalers. Telio's strategic focus will likely involve leveraging this backing to optimize its operational efficiency and deepen its relationships within the retail ecosystem.
See full Telio company page
