White Hill Capital launches $5 million venture fund to support IT startups in Tajikistan

As part of these positive developments, White Hill Capital and Tajinvest signed a memorandum of cooperation to establish a $5 million venture capital fund to support the IT sector in Tajikistan.

The creation of this fund is a strategic step aimed at developing local IT startups and opening new opportunities to attract global investment. White Hill Capital and Tajinvest plan to combine their resources and expertise to make Tajikistan an attractive platform for international capital, drawing the attention of global investors to the country's growing IT sector.

Within the framework of the signed memorandum, the parties agreed to work together to develop venture capital investment in Tajikistan. White Hill Capital Managing Partner Aslan Sultanov noted that the parties will actively share experience in managing venture capital funds in Tajikistan and Kazakhstan, which will improve capital management and strategic planning. Special attention will be paid to attracting investments in IT-startups of Tajikistan, promoting their growth and scaling.

Read more: https://www.asiaplustj.info/ru/news/tajikistan/economic/20241021/white-hill-capital-zapuskaet-venchurnii-fond-na-5-millionov-dlya-podderzhki-it-startapov-v-tadzhikistane