Flexible Pass

Myanmar’s fitness platform Flexible Pass raises six-digit dollar round

Burmese health and fitness platform, Flexible Pass, has successfully raised a round worth six-digit dollar round by Nest Tech, a VC firm that actively backs startups in Myanmar, Vietnam, and Singapore. The round was joined by Seed Myanmar and Yangong Capital Partners (YCP), which is the investment arm of the financial advisory firm, Trust Venture Partners (TVP). Flexible Pass will use
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$1.1M investment by Seedstars to build Yangon Innovation Center

With aims to support 50 startups in the next of five years, Switzerland-based Seedstars will establish the Yangon Innovation Center (YIC) and invest $1.1 million to develop the startup ecosystem in Myanmar. An agreement to develop the center was signed between the Yangon Regional Government and Seedstars on October 5. Upon winning the bid to operate the centre on a build, operate
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Myanmar’s MMTutors gets funded

MMTutors, Myanmar's online tutor booking platform, has raised a five-digit dollar denominated investment led by Seed Myanmar, an early-stage technology fund. The round was also joined by Trust Venture Partners Myanmar, and angel investor Aung Htun. The edtech startup will use this fund to rapidly grow with an aim to improve Myanmar's education system.
“We established MMTutors to help eliminate the burdens
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Decision Making Tips For Startups

Decision making is very crucial for any startup. The decisions won’t only impact you but also the company’s direction. In the early years of your startup- decision making could be very daunting and even scary. You will have to be very patient throughout and make your decisions very calmly. Here are few tricks to help in your decision making. Prioritize time Startups
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Cropped image of woman's hands calculating home finances at desk

5 Sales Tips For Startups

A successful startup is the result of thousands of hours of work and tremendous effort. Coming up with a great product or service needs so much works, but that’s just the beginning. After that comes the hard part- selling your product. Some startups fail to understand the key meaning of selling. The act of selling is not about pushing the
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Digital Winners Asia To Be Held In November 1 &2: BuzzAlly And Socian Selected From Bangladesh

Two startups from Bangladesh, Socian and BuzzAlly has been selected to attend Digital Winners Asia. A total of 9 startups have been selected from Bangladesh, Malaysia, Myanmar, Pakistan, and Thailand. The teams are part of current and past participants of Telenor’s five startup incubation and acceleration program across the region. The companies have been selected based
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Myanmar’s First Startup Accelerator “Phandeeyar Accelerator” Is Open For Business

The Phandeeyar Accelerator, the first startup accelerator in Myanmar has launched on 10th June. It is a six-month program based in downtown Yangon and targeted at early-stage startups in the country. Myanmar has lots of potential for startups. Tens of millions of new internet users, most of them in mobiles, has got the scope to use technology to fix anything
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Telenor to Storm into Mobile Financial Services Sector

Telenor Group which owns the majority stakes in Bangladesh's largest telecommunication company Grameenphone, is aiming to get a stronger footing in the country's mobile financial services landscape. After telecommunications Telenor Group is aiming to become the regional market leader in the mobile financial service sector.

Tine Wollebekk, Telenor's Head of Financial Services said, "We have an ambition to become the market
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Foreign Telecom Companies Face Challenges in Myanmar

A year ago, Qatar's Ooredoo and Norway's Telenor had set up shop in  Myanmar. However, six months into their establishment, Myanmar's publicly owned Myanmar & Telecommunications still dominates the local telecom market. MPT currently has more customers than both private and foreign competitors combined. When Telenor and Ooredoo had arrived, many people had lined up to subscribe to their services. The companies
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Rita Nguyen: The Woman Behind Myanmar’s Social Media Revolution

One of our neighboring countries, Myanmar is on the verge of the digital revolution. After 50 years of repressive military dictatorship, corruption, violence, and separation from the rest of the world, there is a sudden political and economic change in the Southeast Asian country of Myanmar. This has created opportunities for innovation, as 60 million people prepare to get online
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