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Veon Ventures Makes $15M Series A Investment In Dastgyr

PUBLIC · VEONJun 14, 2022
DubaiTelecommunications

Description

VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides mobile connectivity and services, announces today that the Group's VEON Ventures division has completed a US$ 15 million investment as part of a Series A round for Dastgyr, a Pakistan-based B2B e-commerce marketplace platform. This investment will contribute towards boosting Pakistan's e-commerce market.

Quick answer

Veon raised an undisclosed amount in a funding round, dated June 14, 2022. Veon is based in Dubai, Dubai, United Arab Emirates.

How much did Veon raise?
Veon raised an undisclosed amount in a funding round on June 14, 2022.
What does Veon do?
Veon is a global digital operator providing telecommunications and digital services.
Where is Veon based and how big is it?
Veon is based in Dubai, Dubai, United Arab Emirates. Fundz records about 19,000 employees.
Who are the decision-makers at Veon?
Fundz holds 2 contacts at Veon, including the Chief Executive Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Telecommunications around the same time

Companies in the same sectors as Veon that raised within 45 days of this round, from Fundz verified event records.

  • Wytec International raised $50K on July 26, 2022.
  • DNA X, Inc. raised $13M on July 13, 2022.
  • Wytec International raised $50K on June 22, 2022.
  • Wytec International raised $25K on June 22, 2022.
  • Alyrica Networks raised an undisclosed amount (Funding Round) on June 14, 2022.
  • Everstream raised $24M (Funding Round) on May 19, 2022.

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Company Information

Company

Veon

Location

شارع المركز المالي

Dubai, Dubai, United Arab Emirates

About

Veon is a global digital operator providing telecommunications and digital services. The company seeks to enhance its presence in emerging markets, focusing on innovative digital infrastructure and services. With a commitment to investment in various sectors, Veon aims to support economic growth and digital transformation. It operates several telecommunications subsidiaries worldwide, including Banglalink in Bangladesh.

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Related People

2 contacts
Verified contactsKaan T., Chief Executive Officer hiddenSee plans and pricing
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Veon raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.