Emerging Markets Entrepreneurs (EME) Myanmar is to lead a six-digit US dollar seed investment in Mote Poh, a Yangon-based employee benefit start up. An article in Dealstreet Asia said that Vietnam-based venture capital firm Nest Tech will also participate in the funding. Mote Poh has developed a book of free and discounted items in shops, restaurants and activity centres across Myanmar. The companies can use the book to reward their employees. According to the article, the company, which was founded in May 2018, now has 60 customers in Myanmar. It is currently developing an app and expanding into other types of loyalty programs. “As an investment firm, we’ve seen high employee churn rates across many industries in Myanmar, and it’s exciting to see Mote Poh tackling the problem head on,” EME said in a statement. “We expect to help Mote Poh grow by consulting on technology and finance, as well as helping them partner with our mentors and companies in our network.”