trending Market Intelligence /marketintelligence/en/news-insights/trending/myFbgEmWtqJxvXM8u2vs1w2 content esgSubNav
In This List

Delta Capital Myanmar leads funding round for internet service provider

Blog

Broadcast deal market recap 2021

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix

Blog

Using ESG Analysis to Support a Sustainable Future


Delta Capital Myanmar leads funding round for internet service provider

Delta Capital Myanmar led the latest fundraiser for Myanmar-based internet service provider Frontiir Co. Ltd., DealStreetAsia reported, citing a statement.

The private equity firm, through Myanmar Opportunities Fund II, invested more capital in Frontiir along with limited partners Investeringsfonden for Udviklingslande of Denmark and Norway-based Norfund. Frontiir will use the funding round's proceeds for its working capital as well as to expand its network.

The fundraiser's financial details were not disclosed.

Delta Capital Myanmar first backed Frontiir in a 2016 funding round, according to the report.

U.K.-based development finance institution CDC Group PLC led a US$30 million investment in Frontiir earlier in July.