Kilo operates a B2B e-commerce platform and tooling that lets MSMEs browse assortments, build carts, check out with transparent pricing, and manage inventory across channels including Kilo’s app, Facebook and Zalo. The platform aims to digitize Vietnam’s retail value chain by enabling small shops to optimize inventory turnover and run multi-channel sales. Kilo says it has retained thousands of MSMEs across 24 provinces and grown its net merchandise value 320x since launching in October 2020, targeting an approximately $180 billion retail market in Vietnam. The company plans to expand features for customers, including financing, logistics and self-service e-commerce store creation, and to grow its team fourfold in the next 12 months. Kilo was founded in 2020 by CEO Kartick Narayan, a former CMO of Groupon, vice president at Coupang and chief business officer of TIKI Corporation, and is based in Ho Chi Minh City. During COVID, Kilo positioned itself as a contact-free procurement channel that helped offline MSMEs continue operating.

Total raised

$5M

Funding rounds

1

Latest round

Series A

Latest activity

Nov 2021