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

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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.