# Vigo Retail

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vigo-retail

- Industry: Logistics & Distribution
- Headquarters: Ho Chi Minh City, Vietnam
- Website: https://vigoretail.com/
- Total disclosed funding: $1M
- Latest round: Seed (Apr 7, 2022)
- Investors on record: 2

## About

Vigo Retail, based in Vietnam, specializes in retail distribution and innovative solutions that cater to the diverse needs of its customers, aiming to enhance operational efficiency across various sectors.Founded in 2020 in Ho Chi Minh City, Vietnam, Vigo Retail focuses on retail distribution and innovative solutions. It has completed three deals, with the most recent being a Series A round raising USD 16.90 mn in June 2024. The company was founded by Nguyen Nam and Santhosh Raghunathan, with Santhosh serving as CEO.Vigo Retail specializes in providing innovative retail distribution solutions tailored to meet the needs of its diverse customer base. Its core offerings include advanced distribution services designed to address specific challenges faced by retailers, enabling them to optimize their operations and drive growth. The solutions are built on advanced technologies and cater to various markets, positioning the company as a key player in the retail sector.In 2023, the company generated a revenue of USD 158.03 mn, with an EBITDA of USD -4.74 mn. The revenue is derived through a structured transaction model involving B2B channels, ensuring clients receive tailored solutions that meet their specific needs, particularly through flagship offerings that form a central part of their revenue stream.Vigo Retail plans to leverage the recent funding from their Series A round to expand its product offerings and enter new markets. The company is currently designing new solutions aimed at addressing emerging retail challenges, with launches expected in late 2024. Furthermore, Vigo Retail is targeting expansion into Southeast Asia by 2025 to grow its market presence and enhance distribution capabilities.

## Funding rounds

- Seed, Apr 7, 2022, $1M — Wavemaker Partners, Saison Capital

## Investors

- Wavemaker Partners (https://capitalatlas.ai/funds/wavemaker-partners) — Seed
- Saison Capital (https://capitalatlas.ai/funds/saison-capital) — Seed