The startup will use the capital to forge partnerships with more restaurants and expand to the city of Mandalay.
Taralite started out as a loan platform for personal life events such as weddings and Haji pilgrimage, but it now focuses on providing working capital for small businesses.
The value of Mekong Capital’s investment is not disclosed, but the fund typically focuses on investments ranging around US$6 million to US$15 million for a minority stake.
Loc Troi Group will set up two joint ventures with Hunan Yuan’s Science and Technology Developer to expand its market in China.
Alpha Startups: Game Edition aims to transform game developers to entrepreneurs, providing them with the necessary business and marketing skills to propel their products.
The acquisition has a total enterprise value of circa GBP 470 million.