20.1 C
New York
Wednesday, May 13, 2026

Buy now

Yango Ventures Unveils $20M Startup Fund

Yango Group Makes First Investment in Pakistan, Acquires Stake in Fintech Startup Trukkr

Karachi: Yango Group, a UAE-based technology company, has entered the Pakistani market with its first investment in the country, acquiring a stake in logistics-focused fintech platform Trukkr through its corporate venture arm, Yango Ventures.

The investment will enable Trukkr to expand operations, strengthen its credit-scoring tools, and improve access to financial services for thousands of trucking businesses across Pakistan. Alongside funding, Yango will provide product expertise and insights from its operations in more than 30 global markets, helping the startup scale faster and build a stronger foundation for long-term growth.

ALSO READ  A Pakistani Schoolgirl Builds Her Own Hello Kitty Land with Temu

UAE’s Yango Ventures Backs Trukkr to Boost Pakistan’s Logistics and Fintech Ecosystem

The deal marks Yango Group’s entry into Pakistan’s startup ecosystem and underscores its commitment to fostering digital growth across its markets. Yango Ventures, a $20 million corporate venture fund, focuses on supporting promising startups in the MENAP region, Sub-Saharan Africa, and Latin America. In addition to capital, the fund offers global expertise in ride-hailing, e-commerce, fintech, and AI.

ALSO READ  P@SHA Calls for 10-Year Tax Extension to Sustain IT Sector's Historic Export Growth

News Desk
News Deskhttps://technologyplus.pk
About technologyplus.pk Technologyplus.pk is an emerging tech, business, startup, general news website. At technologyplus.pk, we are passionate about technology and its transformative power in today's rapidly changing world. We are your trusted source for the latest tech news, insightful analysis, and in-depth coverage of emerging trends that are shaping the future.

Related Articles

Stay Connected

51,000FansLike
1,850FollowersFollow
250FollowersFollow
1,800FollowersFollow
560FollowersFollow
750SubscribersSubscribe

Latest Articles