ShweProperty.com, one of Myanmar’s leading property portals, has secured US$3 million in its Series B round of funding. led by Singapore-based private equity fund Emerging Markets Investment Advisers (EMIA). Other participants in the round include 500 Startups; Simon Baker, former Chairman of iProperty and Mitula Group; family office of Dinh Thi Hoa, Chairwoman of Galaxy […]
ShweProperty raises US$3M in fresh funding as 500 Startups makes an entry into Myanmar
Oway Group receives private equity to expand in competitive taxi market
Oway Group last week received $7 million in fresh funds from Mekong-focused private equity firm Belt Road Capital Management (BRCM), which is headquartered in Cambodia. The online travel service provider, which is founded by local entrepreneur Nay Aung, operates the mobile taxi-hailing service Oway Ride as well as oway.com.mm, Myanmar’s largest online travel portal. The […]
Myanmar’s Oway Group to close eight-digit funding round
Myanmar’s leading travel booking and ride-hailing service provider Oway Group said it is currently in discussions with potential investors to close an eight-digit funding round in October. As part of the round, IFC has made an equity investment worth US$2 million in the startup in early 2017, marking the World Bank arm’s first investment in […]