Kyna English co-founder and CEO Tram Ho
Kyna English, a Vietnamese online education platform based in Ho Chi Minh City, has concluded an undisclosed Series B funding round.
The funding was spearheaded by Asia Business Builders, with additional investment from DTP Education Group and Ho Hong Bao Tram, the co-founder and CEO of Kyna English.
Also Read: Are large Vietnamese tech enterprises ‘indifferent’ when competing with ChatGPT?
This financial injection will allow Kyna English to extend its reach beyond Vietnam, into markets such as Thailand, Indonesia and Laos.
The company also aims to strengthen its position within the Vietnamese market. Kyna English plans to enhance its AI-powered platform, which offers personalised learning experiences to students.
Kyna English provides access to high-quality language training to the younger generation using innovative learning methods. The platform allows parents to choose the curriculum and teacher that fits their kids’ learning styles. The company then assigns the courses and teachers best suited to their kids’ needs.
This platform has facilitated over 10 million one-on-one classes, catering to over 150,000 learners since its launch in 2020, with over 15,000 classes taking place each day.
Also Read: 
From fintech to blockchain: Meet Vietnam’s leading startups powering the next wave of growth
The company boasts a network of over 8,000 tutors. Kyna English’s ambition is to transform English language education in Southeast Asia through technology and flexible, personalised learning.
Edutech is one of the fastest-growing verticals in Vietnam. The segment recorded a 280 per cent rise in funding from US$2.5 million in H1 2023 to US$9.52 million in H1 2024. The market size is projected to exhibit a growth rate (CAGR) of 13.50 per cent during 2024-2032. The increasing demand for adaptive learning platforms, AI-powered tutors, and data analytics is driving the market.
The post Vietnam’s Kyna English closes Series B round to enhance its AI-powered edutech platform appeared first on e27.