Yangon: Yangon Broom, a Myanmar-based company, today announced in its press statement that it has raised an undisclosed third funding round led by Yangon Capital Partners, the investment arm of a financial advisory company Trust Venture Partners.
Other backers include existing investors such as Emerging Markets Entrepreneurs (EME) and NestTechVN, who had previously invested five-figure funding round in the startup in August 2019.
The new capital will be used by the startup to launch a training school that will train people in high-quality cleaning services. It is also set to launch its own mobile app.
Founded in 2016, Yangon Broom is an on-demand quality household cleaning service, which manages hundreds of maids on their platform. Its clients range from households to SMEs and schools.