Yango Group, a prominent global technology company dedicated to integrating advanced technology into local communities, has officially launched Yango Ventures, a corporate venture fund aimed at empowering promising startups across Latin America (LATAM), Sub-Saharan Africa, the Middle East, North Africa, Afghanistan, and Pakistan (MENAP), as well as other high-growth regions where the company operates. Yango Ventures is designed to foster local innovation and entrepreneurial growth by providing not only financial capital but also leveraging Yango Group’s extensive experience and vast network. This initiative creates valuable opportunities for startups to scale effectively and generate sustainable impact within their communities.
Daniil Shuleyko, CEO of Yango Group, emphasized the company’s commitment to entrepreneurship, stating;
We’re more than a tech company; we are an ecosystem committed to empowering entrepreneurs worldwide. 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. Our mission is simple: let people grow with us. By supporting local talent with the right tools and resources, we aim to foster sustainable business growth and contribute to resilient, inclusive economies across the globe.
Yango Ventures specifically targets early-stage startups, ranging from Seed to Series B funding, within the Online-to-Offline (O2O), Business-to-Business Software as a Service (B2B SaaS), and FinTech sectors. The fund begins with an initial capital of $20 million, but it is structured for scalability, with plans to expand its capital base in alignment with the burgeoning entrepreneurial ecosystems in dynamic, high-growth markets. By investing in regions where Yango Group has established a strong presence, Yango Ventures aims to support tech-driven solutions that promote digitalization and stimulate economic development.
The board of experts behind Yango Ventures is composed of a diverse team with extensive expertise in transforming B2B SaaS and B2C technology into impactful services across various industries worldwide. This team has a proven track record of successfully developing and scaling platforms and products in sectors such as mobility, entertainment, fintech, artificial intelligence (AI), and beyond, both within Yango Group and in external ventures.
Yango Ventures is an integral part of Yango Group’s broader strategy to empower entrepreneurs and drive digital transformation on a global scale. The company’s approach combines cutting-edge technology, business acumen, and a steadfast commitment to local ecosystems, creating sustainable growth opportunities for individuals across diverse markets. To further this mission, Yango Group organizes networking events that facilitate the exchange of ideas among professionals, partners with educational institutions, and hosts events designed to equip future innovators with practical skills. Through these initiatives, Yango Ventures is poised to make a significant impact on the entrepreneurial landscape in the regions it serves.
