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Myanmar-based trucking startup raises $800k from Cocoon Capital

Logistics startup Kargo raises USD 800,000

Myanmar logistics startup Kargo announced that it has raised USD 800,000 in a financing round on Tuesday. It was led by Singapore-based venture capital fund Cocoon Capital. Kargo is a B2B logistics mobile platform that connects truck owners and users

Kargo receives unsecured SME loan from Yoma Bank

Kargo and Yoma Bank agree on unsecured loan

Local online logistics firm Kargo has signed an SME loan agreement with Yoma Bank worth USD 130,000 (MMK 200 million). A press release said that the loan is aimed at resolving cash flow issues among small and medium enterprises (SMEs). The business m

Highlights

Terminals, ports, logistics, liner operations disrupted
February 26, 2021
German containerline Hapag Lloyd has announced a decision to temporarily suspend cargo bookings into Myanmar …
Facebook, Instagram ban military and related pages with immediate effect
February 26, 2021
In a February 24th update to its February 11th statement, Facebook through its Director of …
Luxury Japanese real-estate complex called out for funding military
February 26, 2021
Despite distancing itself from other major Western states imposing sanctions on military-linked individuals and entities, …

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Tag: Kargo

Logistics startup Kargo raises USD 800,000

Kargo and Yoma Bank agree on unsecured loan

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Highlights

Terminals, ports, logistics, liner operations disrupted

Facebook, Instagram ban military and related pages with immediate effect

Luxury Japanese real-estate complex called out for funding military

Myanmar in the Media

Thura NewsViews