During the “InMerge” Innovation Summit held in Baku, a new venture capital fund was created in the region.
Oku.Az According to reports, the founders of the venture capital fund “InMerge” were the company “PASHA Innovations”, the Digital Innovation and Development Agency, the Azerbaijan Investment Company and the “Trendyol” group of companies.
It is a great pride for us as “PASHA Innovation” that the foundations of this fund were laid during the “InMerge” summit. I believe that our fund will become one of the main tools supporting brilliant ideas,” said Farrukh Aliyev, CEO of PASHA Innovation.
It was noted that within the framework of the “InMerge” venture fund it is planned to invest in startups in the regions of the Caucasus and Central Asia, Central and East Asia, as well as the Middle East and North Africa.
Aygun Mirakif
