The fund hit its first close at $34.5 million in August, with commitments from IFC, the Dutch Good Growth Fund and UK state-owned CDC Group plc.
The pre-Series A round was led by former Dymon Asia Capital COO Willy Ballmann and former investment banker Keizo Fujitake.
Following the deal, SEIN will be rebranded as Pun Hlaing Siloam Hospital.
Given the robust pipeline across the three markets, EMIA is also looking to increase the capital for its second fund.
Post acquisition, MyJobs.com.mm joins Ringier's existing portfolio platforms in Myanmar: Duwun.com.mm, Marry.com.mm and Kalay.com.mm.
UMJ Ikeya Investment Ltd has anchored a new investment vehicle, Emerging Markets Entrepreneurs (EME) Myanmar, with an initial corpus of nearly $3 mill
The financing will be used for the development of the SIGMAR submarine cable network, that spans 2,200 km connecting Yangon to Singapore.
TPG has acquired tower operator Pan Asia Majestic Eagle and plans to merge it with portfolio company Apollo Towers.
Indochina - which comprises Cambodia, Laos, Myanmar, Vietnam and Thailand - is fast catching investor interest even though the return timeline appears
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
© Copyright DEALSTREETASIA 2014-2019 All rights reserved.
Forgot your password?
We will never share your information with third parties.
Already have an account? Sign in here
If you don’t already have an account click the button below to create your account.
Unlock your competitive advantage in
rapidly evolving cape. Our packages
come with exclusive access to archive
content, data, discount on summit tickets & more
Be a part of our growing community now.