kilo_funding_news

Kilo, a Vietnamese B2B e-commerce platform that connects wholesalers with micro, small and medium enterprises (MSMEs), has received US$5 million in pre-Series A financing.

The round is co-led by California-based Altos Ventures and Australian VC firm January Capital, Techcrunch has reported. Existing investor Goodwater Capital, Ascend Vietnam Ventures, Decisive Capital Management, Ratio Ventures, and other angels participated.

Kilo will use the fresh capital to grow the team and add new features, such as financing, logistics and self-service e-commerce store creation for the MSMEs.

Also read: 3 factors affecting e-commerce trends in Vietnam

Founded in 2020 by e-commerce veteran Narayan Kartick, Kilo is a one-stop-shop supporting local SMEs’ digitalisation with shopping and management tools. It enables them to save costs and reduce risks through optimising inventory turnover, offering a diverse assortment of products, and leveraging transparent pricing.

Kilo also assists shop owners on multiple sales channels, including Kilo’s app, Facebook and Zalo, an instant messaging app with 62 million users in Vietnam.

Before founding Kilo, Kartick held the role of CBO at e-commerce giant Tiki that is eyeing a US IPO, and the former vice president of Seoul-based Coupang, which also made its market debut on the NYSE in March.

Kilo boasts that it has grown the net merchandise value by 320 times since launching in October 2020. As stated on its website, the startup taps into an ~US$180 billion retail consumption space in Vietnam, with small retailers covering 80 per cent of the market.

The e-commerce space is ripe for an explosion in the region, with Vietnam’s TIKI and Indonesia’s GoTo eyeing IPOs while snagging sizable deals earlier this month. 

Last week, Vietnam’s B2B e-commerce platform Telio secured US$22.5 million in a pre-Series B round led by VNG Corporation. Last week, Society Pass became the first Vietnamese company to complete a traditional listing on the US stock market.

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Image Credit: Kilo

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  1. What Are The Safest Steroids? And Their
    Alternatives

    What are the safest steroids? (And their alternatives)

    When it comes to performance enhancement, many athletes and bodybuilders turn to anabolic
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    Among the most commonly used anabolic steroids, testosterone is often cited as one of the safest options.
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    Safe steroids to take: The rise of SARMs

    In recent years, the popularity of selective androgen receptor modulators
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    Safe steroids to take: Testosterone

    Testosterone is a cornerstone in the world of performance
    enhancement. It’s one of the most studied and widely used
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    Does testosterone have any other side effects?

    <

    Popular safe and legal steroid alternatives

    For those unwilling to take the risk associated with anabolic steroids, there are several safer and legal alternatives. These include SARMs like Ligandrol (LGD-4333) and Testosterone Receptor Agonists like Arimidex. These compounds are designed to enhance performance without the negative side effects of traditional steroids.

    Is Anavar the safest anabolic steroid?

    Anavar, also known as Oxandrolone, is often touted as one of the safest anabolic steroids. It’s widely used for its ability to promote muscle growth and fat loss without causing significant side effects like liver damage or hormonal imbalances. However, like any steroid, it should be taken with a cycle plan to avoid long-term issues.

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    Is Deca Durabolin the safest steroid to take?

    Nandrolone, commonly known as Deca-Durabolin, is a powerful anabolic steroid with a long history of use in bodybuilding. While it’s effective at building muscle and strength, it’s also associated with higher risks compared to other steroids. It can cause side effects like liver damage and hormonal imbalances, particularly when taken in high doses or for extended periods.

    Deca durabolin side effects

    Deca-Durabolin can lead to serious side effects if not used responsibly. These include liver strain, hormonal imbalances (like testosteronesuppression), and potential for developing more severe health issues with prolonged use. Always consult a healthcare professional before considering Deca-Durabolin in your regimen.

    Dianabol: The safest steroid?

    Methandienone, commonly known as Dianabol, is often cited as one of the most effective anabolic steroids. However, it’s also among the riskiest due to its strong androgenic effects, which can lead to serious health complications if misused. While it can help build muscle and strength, it should be used with extreme caution and only in controlled cycles.

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    Which anabolic steroids are the most dangerous?

    Among anabolic steroids, certain compounds are more dangerous than others. Steroids like Dianabol and Trenbolone are often considered among the most dangerous due to their potent androgenic effects and high risk of side effects. They should only be used under strict medical supervision and with a well-planned cycle strategy.

    Bulk up and get shredded the SAFE way

    For those who want to achieve their bodybuilding goals without the risks associated with anabolic steroids, there are safer alternatives. These include natural supplements like creatine, protein powders, and hormone precursors that can aid in muscle growth and fat loss.

    Popular safe and legal steroid alternatives

    With advancements in sports nutrition and pharmacology, there are now a variety of safe and legal steroid alternatives available. These include SARMs, peptide supplements, and natural testosterone boosters that can help enhance performance without the risks associated with anabolic steroids.

    Popular Articles

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    Primo steroid (Metenolone enanthate) primobolan cycle, dosage and side effects

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