Tech Company Financing Transactions
Masan Group Funding Round
Masan Group closed a $500 million funding round on 10/2/2023. Backers included Bain Capital Ventures.
Transaction Overview
Company Name
Announced On
10/2/2023
Transaction Type
Venture Equity
Amount
$500,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds from the Transaction will be used to strengthen the Company's financial position and de-lever its balance sheet. This marks Bain Capital's first-ever investment in Vietnam and underscores its confidence in Masan's ability to realize the immense opportunity to fulfill 100 million Vietnamese consumers' daily grocery, financial, and other life needs.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Suite 802, 8th Floor, Central Plaza 17 Le Duan street, Ben N
Ho Chi Minh City, Undisclosed
Vietnam
Ho Chi Minh City, Undisclosed
Vietnam
Phone
Website
Email Address
Overview
Masan Group Corporation was incorporated in November 2004 under the name Ma San Shipping Corporation. We officially changed our name to Ma San Group Corporation in August 2009 and were successfully listed on the Ho Chi Minh Stock Exchange on 5 November 2009. Our name was formally changed to Masan Group Corporation in July 2015 in order to be consistent with our corporate brand and practice. While the listed entity was formally incorporated in 2004, Masan, through our majority shareholder and our underlying operating businesses and their predecessor companies, has been in existence as a business group since 1996.
Management Team
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