Myanmar online platform MMTutors raised a five-digit dollar funding from Seed Myanmar, which was launched in 2016 from Singapore-based Vulpes Investment Manager Pte Ltd, according to an article in Dealstreet Asia. MMTutors was developed out of the Phandeeyar accelerator program. According to the article, the company will use the funds to grow its tutoring platform. Other investors involved in the funding round include Trust Venture Partners Myanmar and angel investor Aung Htun. MMTutors claims to have more than 800 tutors registered on its platform. In Myanmar, out of over 2 million students who take the matriculation examination every year, one-fifth of them rely on private tuition to support their school work.
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