The CEO of Yango Group shared that the company has entered Pakistans startup scene with its first local investment, partnering with Trukkr a fintech transforming financial services in the countrys $35B+ logistics industry. Backed by Yango Ventures, Trukkr will benefit from funding, technological expertise, and Yangos global reach, signalling the start of more investments in Pakistans fast-growing innovation landscape.
Yango Ventures is a $20 million corporate venture fund of Yango Group aimed at supporting promising startups in MENAP, Sub-Saharan Africa, and Latin America. Through Yango Ventures, the company provides early-stage companies not only with capital, but also with global expertise in ride-hailing, e-commerce, fintech, and AI helping them scale effectively and sustainably.
Pakistans logistics sector is full of potential, and Trukkr is helping move it forward by giving operators the financial tools they need to scale and succeed in a competitive market. Were here to support that transformation with our experience and technology. This is the kind of local innovation we want to help grow, and its just the start of our work in Pakistan. said Daniil Shuleyko, CEO of Yango Group.
We are excited to partner with Yango Group, in addition to their strategic equity investment, we find that their experience in building state of the art logistics tech and deploying it in over 30 countries will allow us to strengthen our offerings in Pakistan and beyond said Sheryar Bawany, CEO of Trukkr.
Trukkr, founded in 2019, is transforming Pakistans $35B+ logistics market by digitizing operations for over 20,000 drivers and 100+ enterprise clients. Through its integrated SaaS platform and embedded finance solutionsincluding fleet management, trip coordination, invoicing, and lendingTrukkr is modernizing a fragmented, largely unbanked industry in Pakistan. Following an acquisition of an NBFC license from the SECP, Trukkr now offers working capital and fleet financing solutions, powered by its proprietary credit engine, Prism, and a robust loan management suite.
Yango Ventures is part of Yango Groups broader strategy to empower entrepreneurs and drive digital transformation globally. The companys approach combines cutting-edge technology, business expertise, and a commitment to local ecosystems, creating sustainable growth opportunities for people across diverse markets.
As part of its global strategy, Yango Group also supports entrepreneurial ecosystems by organizing professional networking events, partnering with educational institutions, and providing future innovators with practical tools and skills.
