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Rural e-commerce startup secures funding

Emerging Markets Myanmar (EME-Myanmar), a Yangon-based investment firm, has invested in an e-commerce start-up for rural retailers. A six-digit sum was invested but the exact amount was not disclosed. Ezay, founded by former Oway employee Ko Kyaw Min Swe in August, is a start-up which will provide a mobile platform for customers to purchase new […]

Ex-Oway employee’s rural e-commerce startup Ezay secures investment from EME Myanmar

Early-stage investment firm EME Myanmar has invested an undisclosed amount in Ezay, a Yangon-based e-commerce platform for rural retails outlets. An unnamed “influential” startup founder also co-invested. Founded in August 2019 by former Oway employee Kyaw Min Swe, Ezay provides a mobile platform that connects rural ‘mom-and-pop’ shops with wholesalers. Retailers can buy online for […]

Myanmar: A burgeoning entrepreneurial ecosystem

A bit more than a decade ago, buying a cellular SIM card in Myanmar cost US$3,000 in 2001 and $250 in 2013. Fast forward to April 2019, and you can purchase a starter pack for as little as $1.10. And this is only one of the changes afoot in Myanmar, where local and international entrepreneurs […]

EME Myanmar, Nest Tech invest in employee-benefits-as-a-service startup Mote Poh

Mote Poh is a localised version of employee benefits programmes that leading companies in Singapore, the US and other countries have been using for decades EME Myanmar, a recently-launched early-stage VC fund, has led a six-digit seed round in Mote Poh, a Yangon-based employee-benefits-as-a-service startup in the country. Nest Tech, a seed-stage VC fund focusing […]