Yango Group has announced the launch of Yango Ventures, a corporate venture fund designed to support promising startups across high-growth regions, including Latin America (LATAM), Sub-Saharan Africa, the Middle East, North Africa, and Pakistan (MENAP). As a global tech company committed to bringing advanced technology to local communities, Yango Group is taking a significant step towards fostering entrepreneurial growth by providing capital, expertise, and an expansive network to help startups scale effectively. The fund aims to create sustainable impact by backing businesses that drive digitalization, economic development, and innovation in their respective regions.
With an initial fund of $20 million, Yango Ventures will focus on early-stage startups from Seed to Series B rounds, particularly in the Online-to-Offline (O2O), Business-to-Business Software-as-a-Service (B2B SaaS), and Financial Technology (FinTech) sectors. The fund is structured to grow over time, with the potential for increased capital investment as it expands alongside thriving startup ecosystems. Yango Ventures seeks to enable tech-driven solutions that not only advance digital transformation but also create long-term economic opportunities in emerging markets where Yango Group has an established presence.
Daniil Shuleyko, CEO of Yango Group, emphasized the company’s broader mission of empowering entrepreneurs worldwide. He stated that Yango is not merely a technology provider but an ecosystem dedicated to enabling sustainable progress. He further highlighted that technology serves as more than just a tool for innovation—it acts as a catalyst for real, impactful change. Through Yango Ventures, the company aims to equip startups with the necessary tools, resources, and mentorship to scale their businesses and contribute to the development of resilient, inclusive economies. By supporting local talent, Yango Group envisions a future where entrepreneurial success is fueled by strategic investment and knowledge sharing.
The fund is supported by a board of industry experts with deep experience in transforming B2B SaaS and B2C technology into impactful services across multiple industries. Yango’s leadership team has successfully developed and scaled platforms in sectors such as mobility, entertainment, fintech, AI, and beyond. Their expertise will be instrumental in guiding startups through their growth journeys, offering mentorship, market access, and business development opportunities that go beyond financial backing.
Yango Ventures is a key part of Yango Group’s broader strategy to drive digital transformation on a global scale. The company actively engages with local ecosystems by organizing networking events, collaborating with educational institutions, and hosting skill-building initiatives for future entrepreneurs. This hands-on approach ensures that startups receive not only funding but also the practical knowledge and industry connections necessary to succeed in competitive markets. By fostering innovation and strengthening business ecosystems, Yango Group is reinforcing its commitment to building a future where technology and entrepreneurship intersect to create sustainable growth opportunities worldwide.