By Juliet Shwe Gaung
BOD Tech has joined the investor base of Series A by Myanmar Online Creations.
It has fully deployed its first $50m fund making five investments since 2014.
Kargo beat 7 other early-stage tech startups from the country.
It surpassed its fundraising target.
The initiative is being planned with a corpus of $293,000 available for local startups.
Myanmar Digest: Nippon Concrete Industries’ JV starts concrete pole production; DHL to invest $113.9m locally
Japan’s Nippon Concrete Industry enters JV for concrete pole plant. DHL will invest $113.9 million to for supply chain business.
Local investors participated in the round.
In a couple of startup related events in Myanmar, Phandeeyar is preparing for the launch of its six-month accelerator programme while Switzerland-based Seedstars World plans to hold a pitching event in Yangon in June. StartUp Challenge 2017 of Phandeeyar saw 11 teams take home $37,500 Phandeeyar, a tech hub in… Read more »
Plants to be set up between the second half of this year and 2020.
Blanchard co-founded Seloger.com which was acquired by Axel Springer in 2011.