The Myanmar-based IT services provider said that the funding it receives is of a six-digit sum

The Myanmar-based IT services provider MM Digital shares that it has raised a six-digit dollar investment from Singapore-based Seed Myanmar Ventures Limited and investment holding company, Theta Capital Group, as reported by Deal Street Asia.

The funding will be focussed on growing its business. Founder and CEO Aung Pyae Phyo said: “MM Digital plans to use this funding to build the necessary operational infrastructure and recruit more talent.”

Established in 2017, MM Digital Solutions’ services include design, IT consultancy, iOS app, and web-app development. The company said that it builds both customised digital solutions and SaaS platforms for sectors such as consumer lending and hospital booking.

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Before investing in MM Digital, Seed Myanmar’s portfolios include investment in delivery service platform, Marathon Myanmar Co Ltd., fitness passes provider Flexible Pass, freelancer platform Chate Sat, MM Tutors, search engine Bindez, and logistics startup Kargo.
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