Yango Group Unveils US$20 Million Venture Fund to Empower Emerging Startups Led by a board of industry experts, Yango Ventures will support tech-driven solutions that promote digitalization and economic development.

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Shutterstock

Global tech company Yango Group has launched Yango Ventures, a corporate venture fund designed to empower promising startups across LATAM, Sub-Saharan Africa, MENAP, and other high-growth regions of the company's presence.

With an initial fund of US$20 million, Yango Ventures aims to foster local innovation by providing capital, expertise, and access to Yango's global network, helping startups scale and drive meaningful impact in their communities.

Yango Ventures will focus on early-stage startups, from Seed to Series B, in the O2O (online-to-offline), B2B SaaS, and fintech sectors.

Led by a board of industry experts, Yango Ventures will support tech-driven solutions that promote digitalization and economic development.

Beyond funding, Yango Group will provide mentorship, networking opportunities, and partnerships with educational institutions to nurture future entrepreneurs.

"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," says Daniil Shuleyko, CEO of Yango Group.

Related: Inside Yango Group's Hyperlocal Vision: Daniil Shuleyko, CEO, Yango Group

Leadership

What Makes You a Unicorn in Your Industry? Start by Mastering These 4 Pillars

We all want to achieve elusive unicorn status. But how do you attain such a lofty goal among stiff competition, all vying for the same thing?

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Growing a Business

7 AI Tools That Help You Build a One-Person Business — and Make Money While You Sleep

Who needs a team? These seven AI tools let you automate everything, scale like a beast and reclaim your time.

Business News

Here's How Much a Typical Google Employee Makes in a Year

Compensation for the median Google employee was up 5% in 2024 compared to 2023, according to a new U.S. Securities and Exchange Commission filing.

Side Hustle

How Side Hustles Are Redefining Careers and Shaping the Future of Work

Here's how more than 4 million Americans have transformed side hustles into independent careers, earning over $100,000.

Business News

Saying 'Please' and 'Thank You' to ChatGPT Costs OpenAI 'Tens of Millions of Dollars'

It's more environmentally friendly (and cost-efficient) to skip the niceties.