ImpactAlpha, October 29 – Washington, D.C.-based impact investor SEAF has invested an undisclosed amount in Vietnamese online education provider Dream Viet Education.
Dream Viet Education operates two platforms—Kyna and Kyna for Kids. Kyna offers training courses for adults and parents on everything from soft work skills to parenting instruction, while Kyna for Kids offers school-aged kids lessons in English and mathematics. In total, Dream Viet Education has developed and published 560 courses.
SEAF, which stands for Small Enterprise Assistance Funds, made the investment through its Women’s Opportunity Fund, a partnership with the Australian government’s Investing in Women initiative. The fund invests $1 million to $2.5 million in women-led businesses in the Philippines, Vietnam and Indonesia.
SEAF views the investment in Dream Viet Education as an impact play in women’s economic empowerment because the company provides “training and education for busy working mothers.” In March, the Women’s Opportunity Fund fund backed another Vietnamese company: maternal and infant care center Phuong Chau.