# VEON Ventures > VEON Ventures is a VC fund backing B2B, Logistics and E-Commerce. See 4 investments, check sizes, portfolio and contact details. Updated Aug 2026. - Type: VC Fund - Total investments: 4 - Last investment: Jun 2022 - Lead investor: 50% - Last updated: Aug 2026 Veon Ventures is a corporate venture arm of VEON. ## Contacts 5 contacts available for VEON Ventures. Shizune tracks 1 team members at VEON Ventures. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/veon-ventures?utm_source=investor_profile ## Round sizes | Stage | Round size | | --- | --- | | Series A | $23M–$37M | ## Investment focus ### Industry | Industry | Investments | Share | | --- | --- | --- | | B2B | 2 | 50% | | Logistics | 2 | 50% | | E-Commerce | 2 | 50% | | Retail | 1 | 25% | | Wholesale | 1 | 25% | 6 industries tracked in total. ### Stage | Stage | Investments | Share | | --- | --- | --- | | Series A | 2 | 50% | | Series B | 1 | 25% | ### Country | Country | Investments | Share | | --- | --- | --- | | Pakistan | 1 | 25% | | Bangladesh | 1 | 25% | ## Team | Name | Title | Investments | Profile | | --- | --- | --- | --- | | Mohd Khairil Abdullah | CEO | 1 | https://shizune.co/investors/profile/mohd-khairil-abdullah | ## Investments | Company | Description | Amount | Stage | Date | Website | | --- | --- | --- | --- | --- | --- | | Dastgyr Technologies | Dastgyr is a B2B e-commerce marketplace that uses technology to connect informal retailers with manufacturers and wholesalers. By building an ecosystem consisting of a marketplace, logistics, and capital, Dastgyr is changing how retailers do business. | $37M | Series A | Jun 14, 2022 | | | Dastgyr Technologies | Dastgyr is a B2B e-commerce marketplace that uses technology to connect informal retailers with manufacturers and wholesalers. By building an ecosystem consisting of a marketplace, logistics, and capital, Dastgyr is changing how retailers do business. | $37M | Series A | Jun 14, 2022 | | | ShopUp | ShopUp is Bangladesh’s full-stack B2B commerce platform for small businesses, providing easy access to B2B sourcing, last-mile logistics, and BNPL solutions. The company provides easy access to B2B sourcing, last-mile logistics, digital credit and business management solutions to small businesses. ShopUp is headquartered in Dhaka, Bangladesh. | $75M | Series B | Sep 07, 2021 | | | ShopUp | ShopUp is Bangladesh’s full-stack B2B commerce platform for small businesses, providing easy access to B2B sourcing, last-mile logistics, and BNPL solutions. The company provides easy access to B2B sourcing, last-mile logistics, digital credit and business management solutions to small businesses. ShopUp is headquartered in Dhaka, Bangladesh. | $22.5M | Series A | Oct 20, 2020 | | 4 of 4 investments shown. ## Co-investors - [SOSV](https://shizune.co/investors/profile/sosv) — VC Fund, 4 deals together - [Astir Ventures](https://shizune.co/investors/profile/astir-ventures) — VC Fund, 2 deals together - [Cedar Mundi Ventures](https://shizune.co/investors/profile/cedar-mundi-ventures) — VC Fund, 2 deals together - [Century Oak Capital](https://shizune.co/investors/profile/century-oak-capital) — VC Fund, 2 deals together - [Chandaria Capital](https://shizune.co/investors/profile/chandaria-capital) — VC Fund, 2 deals together - [DEG](https://shizune.co/investors/profile/deg) — VC Fund, 2 deals together ## Similar investors ### Similar industry - [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund - [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund - [Soma Capital](https://shizune.co/investors/profile/soma-capital) — VC Fund ### Similar stage - [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund - [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund - [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund ### Similar country - [SBK](https://shizune.co/investors/profile/sbk-tech-ventures) — VC Fund - [Orbit Ventures](https://shizune.co/investors/profile/orbit-ventures) — VC Fund - [Bangladesh Angels](https://shizune.co/investors/profile/bangladesh-angels) — VC Fund ## Featured in investor lists - [B2B VC Funds in Asia](https://shizune.co/investors/b2b-vc-funds-asia) - [Retail VC Funds in Pakistan](https://shizune.co/investors/retail-vc-funds-pakistan) - [B2B Investors in Asia](https://shizune.co/investors/b2b-investors-asia) - [B2B Investors in Pakistan](https://shizune.co/investors/b2b-investors-pakistan) - [B2B VC Funds in Pakistan](https://shizune.co/investors/b2b-vc-funds-pakistan) - [All Investors in Bangladesh](https://shizune.co/investors/investors-bangladesh) ## FAQ ### What does VEON Ventures invest in? VEON Ventures invests primarily in B2B, Logistics and E-Commerce startups, most often at Series A and Series B stage. Most of the 4 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 Ventures's check size? VEON Ventures typically joins rounds of $23M–$37M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds VEON Ventures participates in. ### How do I contact VEON Ventures? 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 Ventures? The team at VEON Ventures includes Mohd Khairil Abdullah (CEO). 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. # About Shizune Shizune.co is an investor database. Core features: - 48,091 startup investors (angels, VCs, accelerators, and others) - Email, phone, LinkedIn (for intros), socials, and other contact data - Updated daily from public funding news - CSV and Excel export The User can access the full database FOR FREE after signing up: shizune.co