Yango Group launches fund to support startups in emerging markets: Dubai-based tech company Yango Group launched Yango Ventures, a USD 20 mn corporate venture fund aimed at supporting early-stage startups across Latin America, Sub-Saharan Africa, the Middle East, North Africa, South Asia, and other high-growth regions, according to a press release (pdf).

What we know: The fund will focus on startups from seed to Series B in online-to-offline, business-to-business software-as-a-service, and fintech sectors. The firm will provide capital and offer strategic support to startups.

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