Yangon-based recycling waste management startup RecyGlo has been named the winner of Seedstars Yangon 2019, said a report in Dealstreet Asia. The announcement came after the company, and nine other startups, presented their pitches at Seedspace Yangon last week. RecyGlo will now represent Myanmar at the Seedstars Asia Summit. They are hoping to win up to USD 500,000 in equity investments at the Seedstars World Summit in Switzerland. RecyGlo provides B2B and B2C recycling-related supply chain services, including educating consumers on waste management, the article said. Shwe Yamin Oo, RecyGlo CEO and co-founder, said “We are currently handling recyclable products like paper, plastic, and cans, but later plan to handle other products like electronics and used clothes”.
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