Singapore PE fund EMIA leads $3m funding in Myanmar's Shwe Property

Singapore PE fund EMIA leads $3m funding in Myanmar's Shwe Property

Mandalay, Myanmar

Myanmar’s property portal ShweProperty.com has raised  $3 million in a Series B funding round led by Singapore-based private equity fund Emerging Markets Investment Advisers (EMIA), according to an announcement.

Other investors including 500 StartUps, Simon Baker (ex-chairman iProperty and Mitula Group); the family office of Dinh Thi Hoa, (Chairwoman Galaxy Media & Entertainment Vietnam) and existing investors Vostok New Ventures (Nasdaq Stockholm) and a UK Based Investment fund also participated in the round.

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