Investors are Southeast Asian VC firm Genesis Ventures, impact investment firm Access Ventures, and Japan’s Mynavi Corporation

Homedy.com, a Vietnamese real estate portal, has secured an undisclosed sum in its second round of funding from Genesis Ventures, impact investment firm Access Ventures, and Mynavi Corporation.

With new capital, Homedy will focus on two areas: Big Data and mobile app. Big Data will be used to analyse user data to help consumers take smart decisions, while the app will provide an enhanced search experience to users. The three-year-old startup will also continue to develop technology, recruit new people, and expand the market.

Founded in 2015 by Nguyen Ba Duc and Vu Minh Hieu, Homedy is a real estate portal in Vietnam with over one million users. Homedy recently launched an interior design project called My Homedy, which aims to help people design their own home.

Currently available only in Hanoi, the company now plans to expand to Da Nang and Nha Trang by the end of the year. By 2020, the firm will foray into Indonesia and the Philippines.

Genesis Ventures is a VC fund that supports tech startups in Japan and Southeast Asia. Founded by Soichi Tajima, former CEO of CyberAgent Ventures, Genesis Ventures has supported more than 40 companies in Japan, Indonesia, Vietnam, Singapore and the US since its inception in 2016.

Access Venture is focussed on helping startups in Vietnam, Indonesia and Korea. The VC firm is led by Charles Rim and John Chang. Rim is Head of M&A for Yahoo and Google in Asia. Chang is the Co-chair of APAC for Barclays and also the CEO of Deutsche Securities Korea.

Mynavi is one of the leading Japanese companies providing HR services and B2C information channels.

The post Vietnam’s real estate platform Homedy raises funding; to expand into Indonesia, Philippines by 2020 appeared first on e27.