# oway

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/oway

- Industry: Travel & Leisure
- Headquarters: Myanmar
- Website: www.oway.com.mm
- Total disclosed funding: $23M
- Latest round: Series B (Apr 3, 2018)
- Investors on record: 7

## About

Founded in 2012 and based in Yangon, Myanmar, Oway Inc., operates as a digital platform that allows users to find and book hotels, buses, and tours in Myanmar. In April 2018, IFC, Daiwa, and others invested USD 14.7 million in Oway. As of 2022, Nay Aung acts as the CEO of the company.

The company offers a technology platform that helps consumers schedule and book flights, hotels, buses, tours, and travel insurance services. The company also provides an online supermarket, Oway Fresh, that offers various consumer products like fruits, vegetables, meat and seafood, dairy products, and many more.

## Funding rounds

- Series B, Apr 3, 2018, $15M — International Finance Corporation, Emerging Capital Partners, IFC Asset Management Company, Daiwa PI Partners, Belt Road Capital Management
- Series A, May 12, 2017, $7.8M — IFC Asset Management Company, Emerging Markets Investment Advisers, BEENEXT

## Investors

- IFC Asset Management Company (https://capitalatlas.ai/funds/ifc-asset-management-company) — Series A, Series B
- Emerging Markets Investment Advisers (https://capitalatlas.ai/funds/emerging-markets-investment-advisers) — Series A
- BEENEXT (https://capitalatlas.ai/funds/beenext) — Series A
- International Finance Corporation — Series B
- Emerging Capital Partners (https://capitalatlas.ai/funds/emerging-capital-partners) — Series B
- Daiwa PI Partners (https://capitalatlas.ai/funds/daiwa-pi-partners) — Series B
- Belt Road Capital Management — Series B