Online platform Hi-So raises new capital

27 November 2020
Online platform Hi-So raises new capital

Myanmar-based food delivery and online shopping platform Hi-So said it raised new capital in October from investors based in Japan, Singapore, and Malaysia, Tech in Asia reported.

Hi-So managing director and CEO Kenta Takada told Tech in Asia that there were seven new investors in the round, including former Japanese senator Kotaro Tamura. The exec, however, did not disclose the amount raised.

Hi-So created an app that allows its users to order food, groceries, and daily necessities in Yangon, with plans to offer the service in more regions in Myanmar in the future. Alternatively, users can also order through Hi-So’s website and Facebook page.