Real estate startup Rever received $2.3 million in capital from a foreign fund

Before receiving $2.3 million in capital from the GEC-KIP Fund, Rever successfully raised capital from Mr. Le Hong Minh - founder of VNG, Mr. Phan Minh Tam - founder of 24H Group and $4 million from the Fund VinaCapital.

Rever - a Vietnamese startup operating in the field of proptech (application of technology in real estate business) in Vietnam has successfully raised $ 2.3 million from the GEC-KIP Fund. Established in 2018, GEC-KIP Fund is a combination of Singapore-based fund management company GEC and Seoul-based KIP Fund Company. The value of GEC-KIP is 120 million USD at the present time.

After funding, GEC-KIP's CEO, Mr. Synclare Kim, will also join Rever's board of directors as a representative for the GEC-KIP Foundation, and Mr. Daren Tan, GEC's representative will also have a role. name on Rever's management.

Quoted from: The Leader Newspaper