# VEON

> VEON is a VC fund in Dubai backing Banking, Finance and Financial Services. See 3 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Dubai, United Arab Emirates
- Total investments: 3
- Last investment: Dec 2025
- Lead investor: 100%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/veon/
- X (Twitter): https://twitter.com/VEONGroup
- Website: https://veon.com

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

## Contacts

5 contacts available for VEON. Shizune tracks 8 team members at VEON. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/veon?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Corporate Round | $15M–$600M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Banking | 1 | 33% |
| Finance | 1 | 33% |
| Financial Services | 1 | 33% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Anand Ramachandran | Chief of Staff | 0 | https://shizune.co/investors/profile/anand-ramachandran-bc3d |
| Augie K Fabela II | Co-Founder & Chairman Emeritus | 2 | https://shizune.co/investors/profile/augie-k-fabela-ii |
| Ernest Ntanda | Group Ethics and Compliance Counsel | 0 | https://shizune.co/investors/profile/ernest-ntanda |
| Inanc Cakiroglu | Group CIO | 0 | https://shizune.co/investors/profile/inanc-cakiroglu-5b61 |
| Jan Edvard Thygesen | Deputy Chief Executive Officer and Chief Operating Officer | 0 | https://shizune.co/investors/profile/jan-edvard-thygesen |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| 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 | 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 | Biggest GSM Telecom company in Ukraine | $600M | Corporate Round | Jun 21, 2023 |  |

3 of 3 investments shown.

## Co-investors
- [Veon](https://shizune.co/investors/profile/vimpelcom) — VC Fund, 1 deal together

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## Featured in investor lists
- [Finance Investors in Pakistan](https://shizune.co/investors/finance-investors-pakistan)
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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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