MyanCare announced that it has received $0.6 million in funding from Ain Holdings Inc., Scala, Inc., SPARX Group Co., Ltd
July 13, 2020
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MyanCare announced that it has received $600,000 in a round of funding led by returning investor, SPARX Group Co., Ltd (TSE:8739) on July 13, 2020. The transaction also included participation from returning investor, Scala, Inc. (TSE:4845) and Ain Holdings Inc. (TSE:9627).
SPARX Group Co., Ltd. is a Japan-based holding company mainly engaged in the asset management business. The Company is engaged in the asset management business for clients, including corporate pension annuities, government entities, private and trust banks and public pension funds; the provision of investment advisory services; the operation of mutual fund business, which includes the provision of various mutual funds to financial institutions and individual investors directly or through brokerage houses, banks and other intermediaries in Japan, Europe and the United States, as well as the securities business, including the provision of advisory services for investors. Through its subsidiaries, the Company is also engaged in the research and operation of foreign stocks, including Japanese, Korean and other Asian stocks.