Monday, July 10, 2017

Photo credit: Kargo
Kargo wins Seedstars Yangon 2017
Local logistics start­up Kargo has won “Seedstars Yangon 2017”, the Myanmar leg of the global startup compe­tition “Seedstars World”.
Kargo will now head to Switzerland to partici­pate in a 3-day boot camp with international men­tors and investors and has a chance to win up to $1 million in equity invest­ment at the annual Seed­stars Summit.
“Winning Seedstars Yan­gon gives us unparalleled access to the Seedstar net­work of investors, both regionally and globally, in particular at the Seed­stars Summit in Geneva in March 2018, as well as the opportunity to win $500k of Seedstar's own fund. But it's also terrific exposure, both through media and across the local and region­al start-up scene,” George Oliver, CBO of Kargo, told Myanmar Business Today.
“Kargo's priority now is to expand its B2B cus­tomer base and increase our monthly orders from 300 per month to 3000 per month within the next year.
Local logistics start­up Kargo has won “Seedstars Yangon 2017”, the Myanmar leg of the global startup compe­tition “Seedstars World”.
Kargo will now head to Switzerland to partici­pate in a 3-day boot camp with international men­tors and investors and has a chance to win up to $1 million in equity invest­ment at the annual Seed­stars Summit.
“Winning Seedstars Yan­gon gives us unparalleled access to the Seedstar net­work of investors, both regionally and globally, in particular at the Seed­stars Summit in Geneva in March 2018, as well as the opportunity to win $500k of Seedstar's own fund. But it's also terrific exposure, both through media and across the local and region­al start-up scene,” George Oliver, CBO of Kargo, told Myanmar Business Today.
“Kargo's priority now is to expand its B2B cus­tomer base and increase our monthly orders from 300 per month to 3000 per month within the next year.

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