Myanmar-based Phandeeyar – a tech hub that brings together different stakeholders to accelerate startup development – has secured a $2 million follow-on investment from Omidyar Network, a global philanthropic investment firm.
Started by Pierre Omidyar, the founder of eBay, Omidyar Network’s investment in Phandeeyar will enable it to provide seed funding and intensive coaching to promising tech startups in the frontier market.