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Incubator/Accelerator | Alive

Total Raised


Last Raised

$50K | 5 yrs ago

About Haravan

Haravan is a Vietnamese technology company which provides assisting foundation for businesses.

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The story of the founders leaving the startup is “conceived” by themselves after joining Seedcom

Apr 2, 2021

The story of the founders leaving the startup is “conceived” by themselves after joining Seedcom 02/04/2021 Many brands in the Seedcom ecosystem are no longer founders. Currently, Seedcom has 7 members, namely The Coffee House, Cau Dat Farm, Haravan, Juno, Hnoss, King Food Market and Scommerce – Fast Delivery. In the past, they invested in the Tenren milk tea franchise from Taiwan and invested in the women’s fashion brand Eva de Eva, but both were unsuccessful, so Seedcom withdrew capital. Among the 7 existing members of Seedcom, Cau Dat Farm is an old farm, so there is no Founder, King Food Market is a project that they build by themselves; The remaining 5 companies, either Seedcom participate in the investment and develop together in the beginning or buy back when the project is already well-known. First, let’s talk about the co-founders of The Coffee House – the most prominent brand in Seedcom’s ecosystem. The Coffee House was founded by Nguyen Hai Ninh in 2014. Nguyen Hai Ninh is a professional entrepreneur in the Vietnamese F&B market, when he and his friend Dinh Nhat Nam launched the coffee brand Urban Station. . Seedcom joined The Coffee House and built this brand with Nguyen Hai Ninh in the early days. In July 2019, it was reported that Nguyen Hai Ninh had left the CEO position to hold the position of Vice President in charge of strategy. To replace Nguyen Hai Ninh is Mr. Mai Hoang Phuong from the parent company Seedcom. By May 2020, Nguyen Hai Ninh revealed that he had become a member of the Board of Directors of Pasteur Street Brewing – a Vietnamese beer company founded by Americans. However, he did not participate in the executive affairs of Pasteur Street Brewing, but only contributed in terms of development strategy. In February 2021, Nguyen Hai Ninh wrote on his personal Facbook that he officially left The Coffee House. “Six years for a journey, happy and happy, happy or happy. There are dreams, concerns and expectations. Thank you all for making the most beautiful part of your youth. Goodbye The Coffee House – The House of Inspiration “. For Nguyen Hai Ninh, it seems that he has successfully exited in his second startup project. The departure of Nguyen Hai Ninh caused a lot of regret for those who love The Coffee House brand. In March 2021, Citics – a real estate technology platform in Vietnam said it had raised $ 1 million in pre-series A from a group of domestic and international investors. Notably, the Citics leadership brings together many “acquaintances” of the Vietnamese startup village. One of them is Nguyen Hai Ninh – Founder and former CEO of coffee chain The Coffee House. Apparently, Nguyen Hai Ninh gave up F&B to pursue real estate. Our data on 2019 business results of major coffee chains also shows that The Coffee House ranked second with revenue of VND 863 billion, behind Highlands Coffee with the lead of VND 2,199 billion. The Coffee House is a little bit better than Starbucks Vietnam and Phuc Long. While the profits of Starbucks, Phuc Long increased with scale; The Coffee House again reported a loss in 2019 of up to 81 billion dong. The Coffee House’s gross profit margin is 72%, one of the highest in the market. The hot growth and accepting large losses are in the plan of the company’s management. According to Mr. Dinh Anh Huan, Chairman and founder of Seedcom, their goal by 2025 is to grow at least 50% annually. Then, they can adjust their growth to make a profit. “If we want to make a profit, we just need to slow down, 10-20% growth is achieved each year. Now we are making a few tens of percent profit on a store. But do it to make it possible to  answer what question? “, Mr. Huan shared in the latest interview on Young Intellectuals. Recently, another key employee of The Coffee House, Phu Vo, also left The Coffee House. Before joining One Mount Group, Phu Vo used to be the Director of Commerce and Marketing, cum Vice President of The Coffee House and he was also one of the people who worked closely with Nguyen Hai Ninh in the early days of the establishment of this brand. Now, It seems that The Coffee House has changed the blood of its important leadership. One Mount Group – a startup backed by three big men, Masan – VinGroup – Techcombank, and owns 2 brands VinID plus VinShop, not only the stop of Phu Vo but also of another old Seedcom, Nguyen Tran Thi. Nguyen Tran Thi and Luong Duy Hoai founded Giao Hang Nhanh in 2012. After being transferred to different positions in the Board of Directors, in June 2019, Nguyen Tran Thi announced that he would leave Fast Delivery after 7 year sticking. In October 2019, the former co-founder of Express Shipping announced he had joined One Mount Group as the Logistics Manager. In an interview with us in 2019, Luong Duy Hoai – CEO of Express Delivery revealed: “At Express Delivery, the key leaders have two constant things to do: manage the company and develop the version. These are all mandatory duties, you can’t say ‘I’m busy managing the company so I don’t have time to develop myself’. Next, he would just stand there and be ‘eliminated’. Part Juno, this brand was founded by 3 young men in 2005, but it was only after Seedcom’s hand in 2015 that the name Juno became widely known. After a short time coming to Seedcom, it seems that 2/3 of Juno co-founders also left, until about 2017, the other co-founder Nguyen Quoc Tuan was promoted to the CEO position. Mr. Nguyen Quoc Tuan once said: “When Seedcom invests, the company almost starts over again, only retains the right Juno brand name. From here, Juno starts a new development journey”. However, it seems that this ‘Last Samurai’ is no longer suitable for the new position, Mr. Tuan resigned from the beginning of 2020. After that, the latest business registration information, the legal representative of Juno company was also transferred from Mr. Nguyen Quoc Tuan to Mr. Nguyen Duy Linh. Mr. Linh has held the position of General Director of Juno since December 2019 and is also one of the senior executives of Seedcom. After leaving Juno, Mr. Nguyen Quoc Tuan moved to be the CEO of Hoang Phuc International. As such, currently, Juno does not have any founders in the Board of Directors. Seedcom key staff. Currently, Hnoss and Haravan are still driven by their founders. Established in March 2014, Haravan is a technology platform providing multi-channel sales solutions for small and medium enterprises and online business people. This start-up project was initiated by Mr. Huynh Lam Ho. Like The Coffee House, Seedcom joined Haravan from the very beginning, as well as built a business with Mr. Huynh Lam Ho. Unlike Haravan, Hnoss joined Seedcom in 2018, as the founder of Hnoss – Co Hue Anh revealed: “Mid-range fashion brands, somewhere a few dozen stores, if they don’t sell, they will die. Because Hnoss received the investment to make a methodical and grow up “. After joining the Seedcom house, Co Hue Anh is still trusted by the leader of this ecosystem to be the CEO and continues to lead the brand forward. “At Seedcom we have a value system and our own culture that promotes entrepreneurship; we promote scale growth through the New Retail model; and we have the desire to bring Vietnamese products out. World These are the three core and important things. When doing of course, it will be difficult, we have 4 questions that are always asked to find solutions. First, how the management team of the company can learn and develop themselves faster than the company’s growth rate, so that each manager is not the bottleneck for development. Second, in a flat world and the market changes between different business models, how can we flexibly invest, change to develop and stay ahead of the trend, and then adjust business model. We do not leave business models behind, and obsolete in providing products and services to customers. Third, how to be disciplined in enforcement to be able to quickly and effectively implement the outlined directions. From there we have the flexibility, quick trial and error, not sluggishness. If we take it slowly, we will believe we will be eliminated, “said Mr. Dinh Anh Huan – Seedcom’s chairman, stated the principle of using the enterprise’s users. Seedcom and its member founders never reveal the reasons for a breakup, so it is difficult for outsiders to know exactly why the rate of ‘rejection’ of founders is so high. But this fact has always been part of the startup game: not all founders will follow the project for life, exit and receive a sum of money big enough to start another project is also great. Source: ndh.vn – Translated by fintel.vn A farmer from Ea Bhốk Commune in Đắk Lắk Province’s Cư Kuin District harvests pepper. A memorandum of understanding has been signed aiming at supporting collaboration for sustainable pepper development in Việt Nam VNA/VNS Photo HÀ NỘI — A memorandum of understanding (MoU) on a partnership for the sustainable production… A woman stands in front of the Metfone logo. Vietnamese enterprises in Cambodia have tried their best to stand firm and have worked towards developing their business in the “new normal”. — Photo genk.vn PHNOM PENH — Amid the COVID-19 pandemic, many Vietnamese enterprises in Cambodia have tried their best… BIDV (HoSE: BID) announced to auction the debt of Bach Giang House Business Construction Company Limited and Cao Nguyen Construction and Trading Company Limited. The debt of Bach Giang House Business Construction Co., Ltd. has the value of provisional debt as of March 10 is 233.7 billion, including principal balance… At the regular government press conference in March, Deputy Governor Dao Minh Tu mentioned that real estate issues are relatively hot recently, in many localities, real estate prices tend to increase. Mr. Tu said that there are many reasons for the above situation, including some opportunistic subjects, inaccurate news based… FiinGroup has a FiinPro Digest report that mentions the banking industry, from the end of the fourth quarter of 2020, the NPL ratio of 23 listed units decreased to 1.4% from 1.84% in the previous quarter, after increased continuously in the first 3 quarters of the year. Debt of group… On April 1, Fitch Ratings announced the rating of Vietnam’s ceiling for long-term foreign currency deposits at BB and raised the outlook from “stable” to “positive”. Fitch Ratings, according to a representative of the Ministry of Finance, raised the outlook to “positive”, reflecting the ability of Vietnam, one of the…

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Haravan Rank

  • What is Haravan's latest funding round?

    Haravan's latest funding round is Incubator/Accelerator.

  • How much did Haravan raise?

    Haravan raised a total of $50K.

  • Who are the investors of Haravan?

    Investors of Haravan include Google for Startups Accelerator and Seedcom.vn.

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