TPG said to seal deal to become Myanmar’s biggest tower owner


TPG has acquired tower operator Pan Asia Majestic Eagle and plans to merge it with portfolio company Apollo Towers.

Ride-hailing firm Get Ride officially launches in Myanmar after securing financing

The bike, tuk-tuk and taxi-hailing platform is part of Get, an omnichannel digital commerce platform established in 2017 by early-stage tech investor Mike Than Tun Win and fintech veteran Nyein Chan Soe Win.

Seed Myanmar closes six-digit investment in delivery startup

With this investment, Seed Myanmar will pick up a minority stake in Marathon Myanmar, which has secured its largest external investment to date.

IFC mulls $25m debt package for wholesaler Metro’s Myanmar subsidiary

Metro Wholesale Myanmar Ltd plans to utilize the funds to launch wholesale trade operations in Myanmar.

Myanmar-focused PE firm Anthem Asia hits $34.5m first close on SME venture fund

Anthem Asia Myanmar SME Venture Fund will look for investment opportunities of up to $3 million per transaction.

Amata Holding raising up to $6.4m via OTC share sale, eyes Yangon listing

The proceeds will be used to develop five budget hotels under the brand, Awinka, over the next two years.

AIM-listed MySQUAR launches inbound money transfer service in Myanmar

Starting with Singapore, it is looking to tap other remittance corridors – Dubai, Thailand and Malaysia – with a large Myanmar diaspora.

Yoma Bank extends $5m debt to microfinance entity VisionFund Myanmar

The latest debt facility is Yoma Bank’s eighth MFI funding agreement.

Myanmar’s edtech startup eSchool raises $100k from Singapore investors

Individual investors, including Thng Tien Tat from Singapore, will take a minority stake in lieu of the investment.

Seed Myanmar leads $100k funding in fitness app Flexible Pass, eyes two more investments

Singapore-based Vulpes Investment Management recently undertook a rebranding exercise of its country-focused vehicle as Seed Myanmar to make early-stage technology investments.