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

By
Posted

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.


Singapore-based Vulpes rebrands Myanmar fund, to focus on early stage tech deals

Seed Myanmar will be structured as an open-ended fund after taking into consideration the challenge in deploying capital in Myanmar startups