About Cholimex Food JSC
Cholimex Food JSC is a company based in Ho Chi Minh City (Vietnam) founded in 1983 was acquired by Masan Group in November 2014.. Cholimex Food JSC has raised $6 million across 1 funding round from investors including Masan Group and Nichirei. Cholimex Food JSC offers products and services including Chili Sauce, Tomato Sauce, Spring Roll, Fish Sauce, and Soy Sauce. Cholimex Food JSC operates in a competitive market with competitors including Heinz, CoTruyenVN, Luong Hai Fish Sauce, Phan Thiet Fish Sauce and Son Fish Sauce, among others.
- Headquarter Ho Chi Minh City, Vietnam
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Cholimex Food Joint Stock Company
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6 M (USD)
in 1 rounds
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Latest Funding Round
$6 M (USD), Series A
Mar 01, 2012
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Investors
Masan Group
& 1 more
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Employee Count
Employee Count
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Acquired by
Masan Group
(Nov 04, 2014)
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Products & Services of Cholimex Food JSC
Cholimex Food JSC offers a comprehensive portfolio of products and services, including Chili Sauce, Tomato Sauce, Spring Roll, Fish Sauce, and Soy Sauce. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Spicy condiment for enhancing various dishes.
Versatile sauce made from tomatoes for cooking.
Frozen ready-to-cook item with vegetable and meat fillings.
Traditional sauce used for flavoring Asian cuisine.
Fermented sauce for seasoning and marinating foods.
Funding Insights of Cholimex Food JSC
Cholimex Food JSC has successfully raised a total of $6M through 1 strategic funding round. The most recent funding activity was a Series A round of $6 million completed in March 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $6.0M
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First Round
First Round
(01 Mar 2012)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2012 | Amount | Series A - Cholimex Food JSC | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cholimex Food JSC
Cholimex Food JSC has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Masan Group and Nichirei. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Produces and markets frozen food products
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Founded Year | Domain | Location | |
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Manufacturer and distributor of food & beverages
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cholimex Food JSC
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cholimex Food JSC
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cholimex Food Jsc Comparisons
Competitors of Cholimex Food JSC
Cholimex Food JSC operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Heinz, CoTruyenVN, Luong Hai Fish Sauce, Phan Thiet Fish Sauce and Son Fish Sauce, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Heinz is recognized for producing condiments and packaged foods.
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| domain | founded_year | HQ Location |
Delivers comprehensive solutions for traditional pickled lemon recipes and herbal remedies.
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| domain | founded_year | HQ Location |
A leading brand offering high-quality fish sauce products.
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| domain | founded_year | HQ Location |
Manufactures and sells fish sauce varieties and seafood items online.
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| domain | founded_year | HQ Location |
Son Fish Sauce is a brand offering gluten-free fish sauce for health-conscious consumers.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Cholimex Food JSC
When was Cholimex Food JSC founded?
Cholimex Food JSC was founded in 1983 and raised its 1st funding round 29 years after it was founded.
Where is Cholimex Food JSC located?
Cholimex Food JSC is headquartered in Ho Chi Minh City, Vietnam.
Is Cholimex Food JSC a funded company?
Cholimex Food JSC is a funded company, having raised a total of $6M across 1 funding round to date. The company's 1st funding round was a Series A of $6M, raised on Mar 01, 2012.
What does Cholimex Food JSC do?
Cholimex Food JSC was founded in 1983 and is based in Ho Chi Minh City, Vietnam. The food industry is served through the production and branding of sauces. Operations are focused on manufacturing various sauce products for distribution in the domestic market. The companys domain, cholimexfood.com.vn, supports product information and sales. Headquarters remain in Vietnam, with activities centered on food processing and supply.
Who are the top competitors of Cholimex Food JSC?
Cholimex Food JSC's top competitors include Heinz, CoTruyenVN and Luong Hai Fish Sauce.
What products or services does Cholimex Food JSC offer?
Cholimex Food JSC offers Chili Sauce, Tomato Sauce, Spring Roll, Fish Sauce, and Soy Sauce.
Who are Cholimex Food JSC's investors?
Cholimex Food JSC has 2 investors. Key investors include Masan Group, and Nichirei.