Telio is using technology and data to build Vietnam’s largest B2B commerce platform.
The country’s large, unorganized traditional retail sector accounts for almost 85% of FMCG sales. Telio connects small, traditional retailers with brands and wholesalers on a centralized platform. By aggregating demand, Telio is able to provide small retailers with more choice, better pricing and more efficient logistics through economies of scale. For brands and wholesalers, Telio offers more efficient turnover, reduced costs and better end-customer level data.
Telio was founded by a serial entrepreneurial team with strong experience in tech, retail, logistics and financial services. Telio’s founder SyPhong Bui has 10 years of experience across telcos and banks in France and Vietnam. He founded two other companies in Vietnam before starting Telio. SyPhong drew inspiration for Telio after being selected for the Alibaba Leadership Program in 2018 and learning about the much-advanced B2B landscape in China and India.