On June 24, OnPoint – the leading provider of e-commerce development support solutions in Vietnam, announced the signing ceremony to successfully raise capital from SeaTown Private Capital Master Fund, an investment fund under SeaTown. Holdings International, a member of Temasek Holdings.

Highlights of this deal when the total investment value expected to be poured into OnPoint from SeaTown is up to 50 million USD, this will be the largest private equity transaction in the industry supporting e-commerce development. in Southeast Asia over the past five years.

OnPoint shared after the deal since successfully raising Series A funding in 2020, The company has invested heavily in technology to integrate and coordinate its network of service partners, using data and processes. automatically for optimum operation. OnPoint’s most advanced solution, Galaxy, helps manage digital marketing campaigns by leveraging the power of big data, artificial intelligence (AI) and machine learning.

“The development potential of Vietnam’s e-commerce is still very large. So, in addition to promoting technology and data, we will also invest in human resources and research new areas. All of these things are in line with the business’s original mission of helping Vietnam’s e-commerce develop more,” said Mr. Tran Vu Quang, founder and CEO of OnPoint.