Global technology company Yango Group has announced the launch of Yango Ventures, a corporate venture fund aimed at supporting early-stage startups in high-growth regions, including Latin America, Sub-Saharan Africa, the Middle East, North Africa, and Pakistan (MENAP). The initiative is set to accelerate digital transformation and economic development in these markets.
With an initial investment of $20 million, Yango Ventures will focus on funding startups in the online-to-offline (O2O), B2B SaaS, and fintech sectors. The fund is designed for scalability, with plans to expand its capital base in the future to match the growth of entrepreneurial ecosystems in these dynamic regions.
“We’re more than a tech company; we are an ecosystem committed to empowering entrepreneurs worldwide,” said Daniil Shuleyko, CEO of Yango Group. “At Yango Group, we believe that technology is not just about innovation — it’s a catalyst for tangible progress. Through Yango Ventures, we’re sharing our expertise and network to help startups scale, thrive, and drive meaningful change in their communities.”
Supporting Innovation and Growth
The venture fund aligns with Yango Group’s broader strategy of fostering local innovation by providing financial backing and access to its extensive industry expertise and networks. Yango Ventures aims to support startups that drive digitalization and contribute to sustainable business growth.
The initiative will also feature a strong mentorship component. The fund’s advisory board comprises seasoned experts with experience in scaling B2B SaaS and B2C technology solutions across various industries, including mobility, entertainment, fintech, and artificial intelligence.
Beyond funding, Yango Ventures will organize networking events, collaborate with educational institutions, and host initiatives designed to equip future innovators with practical skills. These efforts aim to build resilient and inclusive economies by empowering local talent with the resources needed to succeed.
Future Expansion Plans
Yango Group has expressed its commitment to expanding Yango Ventures as market opportunities evolve. The fund is expected to play a crucial role in strengthening startup ecosystems across its target regions, ultimately fostering economic resilience and innovation.
By leveraging its expertise and network, Yango Ventures seeks to create long-term impact by enabling startups to scale efficiently and sustainably. As the venture fund grows, it will continue to explore strategic opportunities that align with Yango Group’s vision of empowering entrepreneurs and fostering digital transformation worldwide.
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