Myanmar: Phandeeyar sets up accelerator, to invest $200k in 8 startups in 2016

Photo: Phandeeyar

Fresh from securing a $2-million grant from Omidyar Network, Yangon-based Phandeeyar has announced the launch of its first tech startup accelerator programme with a seed fund of up to $200,000 that will invest in over half a dozen startups in 2016.

Over the next three years, Phandeeyar is actually looking at investing up to $2 million in startups through the accelerator programme.

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