Go-Myanmar.com provides all travel-related information to visitors to Myanmar and enables them to manage their trip including online booking for buses to package tours.
Founder Marcus Allender, a British national who spent a month travelling in Myanmar, created the website in 2012. Go-Myanmar, which attracts 3,000 visitors per day, offers travel information through blogs, photos, videos and search engines.
“The synergies are clear: Go-Myanmar.com’s content and online profile combined with FlyMya’s technical capabilities, experienced team and willingness to invest in an online travel future make for a perfect fit,” said Marcus Allender, founder of Go-Myanmar.com. Outside the team based in Yangon, Go-Myanmar has expert guides at locations around the country to support a better travel experience.
This is known to be FlyMya’s second acquisition in 2017 after it bought London-based SWITCH.CM, an engineering team that design reservation platform, in April for $600,000.
Flymya.com is fully owned by Mike Than Tun Win who also has established a Venture Capital arm, BOD Tech, set up in 2014 and employs a ‘founder funding concept’, taking over 50 per cent stake supporting with cash investment.
“Go-Myanmar.com is one of the best known brands in Myanmar travel, as well as a trusted source of information for hundreds of thousands of people every year planning and booking their trip to Myanmar,” said Win, CEO of FlyMya.
Just recently, in early December, BOD Tech led an undisclosed investment in DedaaBox, a video-based mobile learning platform. It also participated in the six-digit Series A investment in Myanmar Online Creations, the developer of a number of localized online content and tools.
In the travel and tourism space, back in September 2016, BOD Tech invested $200,000 in Star Ticket, an online bus-booking platform.
Some other portfolio firms of BOD Tech include shopmyar.com, an e-commerce platform; Yangondoor2door, a food delivery startup; and Laundry.com.mm, an online laundry service.