Search Results for:Juliet Shwe Gaung

IFC proposes to inject up to $194m debt in Baidu’s student micro-loan unit

Baidu CQ MCC is mainly involved in financing tuition fees for students enrolled in vocational training and educational institutions

China Digest: Baofeng TV raises $120m; Boxful gets $18m

Baofeng TV, an AI-based producer, has raised $120 million from Chinese investors including Suzhou Dongshan Precision Manufacturing. Meanwhile, Hong Kong-based storage company Boxful has raised $18 million from property investors in China, according to China Money Network. AI powered Baofeng TV raises $120m from Chinese investors Baofeng TV, a television… Read more »

China: Shankai Sports gets $45m from Yao Capital; Shanghai Fosun backs LinkedCare

Shankai Sports has received a $45 million Series B from Yao Capital. LinkedCare has raised a $15 million Series B from Shanghai Fosun.

Vietnam: Fitness studio platform WeFit raises $155k funding led by ESP Capital

The startup gives users an option to choose out of 500 medium and high-class fitness studios across Vietnam that they can join from anywhere and at any time.

One to Watch to raise new $20m impact investment fund for Nepal

One to Watch aims to invest in 15 companies with the new fund, with ticket sizes of $300,000-1 million. Supporters of the fund include Peter Tropper, the former chief investment officer in IFC’s private equity group, and the Dutch Good Growth Fund (DGGF) that supports development-related investments in low and middle-income countries.

TMH Telecom to be the fifth firm to be listed on Yangon Stock Exchange

The stock exchange has been grappling with poor liquidity and trading activity.

China Digest: Ponycar raises $37m Series C; Auto e-commerce Chexiang gets $150m from Ping An

China Digest: Ponycar raises $37m Series C; Auto e-commerce Chexiang gets $150m from Ping An

Rockstart Impact enters Myanmar, seeks startups for first accelerator programme

Rockstart Impact’s accelerator programme in Myanmar is open to applicants until January 19 and will start on March 5.

Myanmar: BOD Tech leads funding in mobile learning platform DedaaBox

The funding round values DedaaBox at about $550,000.

Myanmar Digest: GMBX to invest $5m in 2nd data centre; Maybank extends $900K debt to Hayman

GMBX’s new data center would either be in Mandalay or Nay Pyi Taw. Hayman Capital has raised a second tranche of $900,000 debt investment from Maybank.