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Myanmar accelerator Phandeeyar to invest US$25K each in up to 10 startups attending cohort 2

In addition, startups will get more than US$200,000 worth of services from its strategic partners, six months of coaching from over 40 local and international mentors, and access to a network of investors 

Myanmar property portal ShweProperty raises funding from co-founder of Axel Springer-owned French property site

Gilles Blanchard is also the chairman of a real estate portal based in Dubai, and another in Pakistan 

Digital entertainment startup Spout raises US$2.1M funding; acquires venture builder Zaany

Spout will use the investment to expand into emerging markets like Myanmar and provide free education resources to the local community 

Myanmar-based startup JobNet raises 7-figure funding to boost job opportunities in the country

Investors with strong experience in the online classifieds sector participated in the round 

Not a buyer or seller market, M&A in Southeast Asia is still at the investor stage

M&As happen on a seven-year timeline, so Southeast Asia should see more deals in the coming years 

Myanmar food delivery startup Food2U nabs six-digit funding, set to expand operations

The company wants to build partnerships with more restaurants and expand to the city of Mandalay 

Myanmar fintech company ONGO receives backing from National Bank of Canada; aims to boost country's cashless transactions

ONGO will be able to take advantage of the country's rapidly growing smartphone adoption rate 

Uber for Myanmar, Hello Cabs, raises funding and will compete with Grab and Go-Jek

Nay Min Thu, founder of iMyanmar Group, made an investment of 7-digits in Hello Cabs 

Meet the VC: Why REAPRA is bullish about Myanmar despite its underdeveloped market

The country may have several infrastructural and regulatory hurdles to overcome, but it harbours great potential 

500 Startups invests US$200K in Khmerload, the Buzzfeed of Cambodia

Khmerload has also set up a sister site in Myanmar called Myanmarload, which has over three million Facebook followers