M Village founder raises 26 million
M Village a co living startup founded by Nguyen Hai Ninh co founder and former CEO of The Coffee House beverage chain has raised 26 million in a new funding round The company recently rebranded as Modern Village Lifestyle
M Village, founded in 2020 by Ninh, has raised $26 million in new funding led by Mizuho Asia Partners of Japan, with contributions from existing shareholder Trip.com and OCB. The round, priced at $9 per share, doubled the company's valuation to $121.4 million. M Village, initially operating a serviced-apartment model, has since expanded to 53 locations across Vietnam.
The company has also diversified its ecosystem to include workspaces, dining, wellness, and community facilities, as well as urban hotels, resorts, and premium serviced-apartments.
Written by urgent.news from Vietnam Investment Review's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
