Mekong Enterprise Fund III Invests US$6.9 Mln in Wrap & Roll
On 12th July, Mekong Capital announced that the Mekong Enterprise Fund III, Ltd. has invested US$6.9 million in Wrap and Roll Restaurant Joint Stock Company, the company that operates the successful Wrap & Roll restaurant chain. This is the first investment of the Fund.
Ms Nguyen Thi Kim Oanh, CEO cum Chairwoman of Wrap & Roll said “After ten years in operation, we are absolutely committed to bringing Vietnamese legendary food to a successful brand Wrap & Roll chain with 10 branches operating effectively in all over the country and four franchise restaurants in Singapore, to become the first successful restaurant chain in Vietnam bringing Vietnamese cuisines to overseas.
The US$112 million Mekong Enterprise Fund III, which was launched in June 2016, is a private equity fund focusing on consumer driven businesses such as retail, restaurants, consumer products, and consumer services in Vietnam. In particular, the Fund focuses on companies that are very committed to building up strong management teams.
H.Ly