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VEON, VC Fund

VEON

VC Fund

Dubai, United Arab Emirates

VEON is a Nasdaq-listed digital operator headquartered in Dubai that provides converged connectivity and digital services to nearly 160 million customers. Operating across six countries that are home to more than 7% of the world’s population, VEON is transforming lives through technology-driven services that empower individuals and drive economicgrowth. For more information visit: www.veon.com

Total investments:
3
Last investment:
Lead investor:
100%

Last updated:

Industries VEON invests in

BankingFinanceFinancial Services

Stages VEON invests in

Corporate Round

Countries VEON invests in

Pakistan

Round sizes

Corporate Round $15M–$600M

Contacts

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Round size

Corporate Round
$15M–$600M

Investment Focus

Industry

  • Banking 1 (33%)
  • Finance 1 (33%)
  • Financial Services 1 (33%)

Team

NameTitleInvestmentsLinksEmail
Anand Ramachandran
Anand Ramachandran Chief of Staff
Chief of Staff Total investments: 0 Find email
Augie K Fabela II
Augie K Fabela II Co-Founder & Chairman Emeritus
Co-Founder & Chairman Emeritus Total investments: 2
Find email
Ernest Ntanda
Ernest Ntanda Group Ethics and Compliance Counsel
Group Ethics and Compliance Counsel Total investments: 0
Find email
Inanc Cakiroglu
Inanc Cakiroglu Group CIO
Group CIO Total investments: 0 Find email
Jan Edvard Thygesen
Jan Edvard Thygesen Deputy Chief Executive Officer and Chief Operating Officer
Deputy Chief Executive Officer and Chief Operating Officer Total investments: 0
Find email
See all 8 team members →

Investments

CompanyDescriptionRoundLinks
Mobilink Microfinance Bank Mobilink Microfinance Bank
MMBL is the largest digital bank committed to serving the unserved through various products & services to promote financial inclusion. $20M / Corporate Round / Dec 19, 2025
Mobilink Microfinance Bank Mobilink Microfinance Bank
MMBL is the largest digital bank committed to serving the unserved through various products & services to promote financial inclusion. $15M / Corporate Round / Jan 02, 2025
Kyivstar Kyivstar
Biggest GSM Telecom company in Ukraine $600M / Corporate Round / Jun 21, 2023

Co-Investors

Veon Veon 1 deal together

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Google
Clean Energy
EdTech
Artificial Intelligence
Local
Enterprise Software
Travel
Platforms
InsurTech
Oil and Gas
Retail
Social Impact
Cryptocurrency
SaaS
Film
Restaurants
Photography
Payments
Email
CleanTech
Energy
Marketplace
Organic Food
Fitness
Machine Learning
Health Care
Agriculture (AgTech)
Gaming
Facebook
Blockchain
B2B
Social Network
Video Games
Big Data
Medical Device
Wellness
Education
Mobile
Automotive
Sports
Legal
eSports
Construction
Hospitality
Biotechnology
Consumer
Software
Renewable Energy
Crowdfunding
Theatre
Medical
Recruiting
Web3
Venture Capital
Fashion
Social
Beauty
Infrastructure
Cannabis
LGBT
Celebrity
Climate
Mobile Apps
Life Science
Wine and Spirits
Food and Beverage
Publishing
Music
Art
Real Estate
Sporting Goods
Manufacturing
Digital Media
FinTech
Finance
Financial Services
Social Media
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Impact
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FAQ

What does VEON invest in?

VEON invests primarily in Banking, Finance and Financial Services startups, most often at Corporate Round stage. Most of the 3 investments tracked by Shizune back companies in Pakistan. The Investment Focus section breaks down every industry, stage and country in the portfolio.

What is VEON's check size?

VEON typically joins rounds of $15M–$600M at Corporate Round. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds VEON participates in.

How do I contact VEON?

Public channels for VEON include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

Who are the partners at VEON?

The team at VEON includes Anand Ramachandran (Chief of Staff), Augie K Fabela II (Co-Founder & Chairman Emeritus) and Ernest Ntanda (Group Ethics and Compliance Counsel), among 8 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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