International Finance Corporation (IFC), the private lending arm of the World Bank, has proposed an equity investment of $3 million in Oway Group, an online travel booking and on-demand ride-hailing service in Myanmar.
Oway Group, which is registered in Singapore and operates in Myanmar, counts Taft Co. Pte. Ltd., Emerging Markets Group Investments, BeeNext Capital and Qualgro Capital among its key shareholders, according to an IFC disclosure.
