Startup receives huge investment capital with body beauty startup

Vietnam Innovative Startup Accelerator (VIISA) has just organized the VIISA Investment Day to give outstanding startups of the program the opportunity to present their products.

7 startups have just received funding of 30,000 USD, including 2 startups specializing in beauty and body care: Butterfly Salon and Wefit.

100% of projects apply mobile and web technology

Representative of startup Butterfly Salon is introducing his product.

At the event, 7 excellent startups in the fields of e-commerce, healthcare, fashion... presented to dozens of domestic and foreign investors such as NSI Ventures, Spiral Ventures, Cocoon Capital and Golden Gate Ventures.... to raise capital, including:

- Butterfly Salon: A mobile app that applies data science and artificial intelligence to the beauty industry, helping users stay updated with fashion trends and find the right hairstyle for their look.

- Fastsell: A platform that allows users to post, discover and buy from nearby sellers.

Fastsell application interface.

- Lexis: A mobile platform that connects lawyers with their clients. Through this application, users will get help anytime, anywhere through a prepaid plan and a toll-free support line.

- Usedata: Using big data analysis technology to provide product recommendation services to each user, helping businesses optimize their business.

Usedata is a product closely related to big data.

- Wefit: Application providing new sports training solutions in Vietnam. The application provides users with more than 300 gym addresses and a choice of regular package classes.

Wefit has both a web browser version and mobile apps for iOS and Android.

- Wisepass: For a monthly fee of 6 million VND, each Wisepass member will enjoy a bottle of wine at restaurants of their choice every night. These products are provided by famous brands, partner bars/restaurants selected by Wisepass.

- Fixir: A mobile application that helps motorcyclists search and book vehicle repair/maintenance appointments at trusted service shops.

Fixir is also a product that applies connection technology similar to current Grab or Uber services.

"Never thought I would do a startup in Vietnam..."

Sharing at the startup festival, Mr. Tran Dang Van - co-founder of Butterfly Hub said: “I never thought of making a product in Vietnam until I received a call from VIISA. With the capital support from VIISA, I no longer have to run around looking for places to borrow. In addition, the support of market experience from VIISA has helped me and many startups overcome the initial difficult period.”

Previously, based on criteria on human resources, feasibility of ideas and the ability to scale up the project's business, VIISA selected 8 startups for a 3-month training round. The startups received an investment of 30,000 USD from VIISA, including 15,000 USD in cash and other expenses such as housing, office, and technology. Over the past 3 months, these startups have also been trained in many important startup skills such as detecting and searching for potential customers, raising capital, sales, etc.

After 3 months of training, VIISA has selected 7 best startups to present at the VIISA Investment Day event. Mr. Adrian Tan - Training Program Director of VIISA commented: "The Investment Day is the result of the hard work of the consulting team and startups in VIISA's training program over the past time. That will encourage VIISA to continue to build more new startups for Vietnam and the region."

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According to Ngoc Pham/danviet