Kargo
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Read more: Award-winning Myanmar startup Kargo raises $800k to revolutionise the trucking logistics industryKargo, the leading Myanmar-based logistics startup, today announced a USD800k pre-series A financing round led by Cocoon Capital, a Singapore-based, early-stage venture capital fund alongside two business angels. Kargo was founded in 2016 by Alexander Wicks as a platform to digitise the ordering and matching process for inter-city, long distance…
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Kargo – Myanmar’s first online goods transportation service receives over USD$130,000 from Yoma Bank
Read more: Kargo – Myanmar’s first online goods transportation service receives over USD$130,000 from Yoma BankKargo has announced that it has inked an SME financing agreement with Yoma Bank, Myanmar’s largest commercial bank. Under the agreement, Kargo will receive an initial loan of approximately US$130,000. Through the bank’s Unsecured SME Financing, Kargo is now able to facilitate same-day payments to its truck drivers, boost its…
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