By Juliet Shwe Gaung
MySQUAR is AIM-listed Myanmar-language social media, entertainment and payments platform.
Digital Royal Net is still open to $120,000 of investment to expand further.
Theta Capital backs Chate Sat; Local angels invest in White Merak.
The fundraising exceeded their original target of $3 to $5 million.
IFC has invested in about 18 private companies in Myanmar to date.
Daiwa Securities Group will take 10% stake in Frontiir Co Ltd.
MFIL will use debt to facilitate financing to local entrepreneurs and MSMEs.
IFC will be injecting $1.5 million for a stake in Maha Agriculture Public Company.
Trust Venture Partners & Information Matrix CEO Thaung Su Nyein also joined.
It has fully deployed its first $50m fund making five investments since 2014.