Deals in brief: Vingroup pledges additional funding toward EV arm, Intudo Ventures raises USD 125 million, latest China deals, and more

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The post Deals in brief: Vingroup pledges additional funding toward EV arm, Intudo Ventures raises USD 125 million, latest China deals, and more appeared first on KrASIA.

Founder Pham Nhat Vuong has personally committed a further VND 50 trillion (USD 2 billion).

This backing is conditional, with funds drawn only if VinFast’s independent capital-raising efforts fall short, underscoring the EV maker’s goal of achieving financial autonomy.

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Category: TechnologyStartupsBusiness

Markets: ChinaCanadaIndiaIndonesiaMaliSingaporeVietnam

Topics: Funding Vingroup Indonesia Trillion Financial Million (usd Asia Vinfast Billion) Company

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 08:50:42 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: kr-asia.com

Language: English

Article Length: 124 words

Reading Time: 1 minutes read

Sentences: 21 lines

Sentence Length: 6 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © KrASIA

News ID: 23568368

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