UAE’s Yango Group makes first Pakistan investment in Logistics Fintech Trukkr

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2025-08-08T21:19:54+05:00 News Desk

Yango Group, a UAE-based technology company, has entered Pakistan’s startup ecosystem with its first investment in the country through its $20 million corporate venture arm, Yango Ventures, acquiring a stake in Trukkr, a fintech platform transforming financial services for the logistics industry.

The investment will enable Trukkr to expand operations, enhance its proprietary credit-scoring tools, and improve access to finance for thousands of trucking businesses nationwide. Beyond capital, Yango will provide Trukkr with product expertise and insights drawn from over 30 global markets, supporting rapid scaling and sustainable growth.

Yango Ventures is the $20 million corporate venture fund of Yango Group, designed to support promising startups in the MENAP region, Sub-Saharan Africa, and Latin America.

Its portfolio spans early-stage companies in ride-hailing, e-commerce, fintech, and AI, offering both funding and operational expertise.

Highlighting the significance of the deal, Yango Group CEO Daniil Shuleyko said:

“Pakistan’s 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.

Trukkr CEO Sheryar Bawany welcomed the partnership, noting that Yango’s global logistics technology experience would help strengthen Trukkr’s offerings both in Pakistan and internationally.

Founded in 2019, Trukkr is modernising Pakistan’s $35 billion logistics market, which remains largely fragmented and unbanked. The company serves over 20,000 drivers and more than 100 enterprise clients through its integrated SaaS platform and embedded finance solutions, covering fleet management, trip coordination, invoicing, and lending.

The investment is part of Yango Group’s wider vision to support digital transformation and entrepreneurship globally. The company also fosters local innovation through networking events, partnerships with educational institutions, and initiatives to equip future entrepreneurs with practical tools and skills.

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