Myanmar’s MySQUAR raises $2.6m in London listing

Myanmar’s MySQUAR raises $2.6m in London listing

Visual from the company website

MySQUAR, Myanmar’s only social media platform in the local language, has raised $2.6 million, at a valuation of $27.8 million, through an initial public offering on London’s Aim.

DEALSTREETASIA had first reported this development in April, and had said that MySQUAR was looking to raise $2.5 million, via a London listing, at a valuation of $25 million. The report had quoted Shashi Fernando, Chief Executive Officer at Yonder and Beyond, the Australia listed global technology accelerator, that has 3 per cent equity holdings in MySQUAR,

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