Startup Yaya has attracted investment from the venture fund 500 Global in Eurasia
Author - Mansur Ismagulov
The Tech AI
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Startup Yaya completed the 500 Global in Georgia accelerator and raised $100,000. The project, which combines children's activity subscriptions, has reached $1 million in revenue since the beginning of the year. In June 2024, the company launched its app and project in Astana, and also closed a deal with 500 Global in Eurasia. The funds will be directed toward platform development and preparation for a seed round.
Startup Yaya announced its completion of the 500 Global in Georgia accelerator program and the successful raising of $100,000 in investments from a leading venture capital fund.
The program was created by 500 Global Investment Accelerator for technology startups from Eastern Europe, the Caucasus, and Central Asia. The program's goal is to support businesses in finding investors, developing the startup ecosystem, and establishing international connections. Out of 400 applications in the sixth cohort, only eight startups from six countries were selected. In this batch, startup Yaya is the sole representative from Central Asia.
Yaya is a unified children's subscription for all types of activities. Since the beginning of the current year, the project has reached a turnover of $1 million. In April 2024, they launched the Yaya App, and in June, they launched the project in Astana. In June 2024, another investment deal was made with the accelerator company 500 Global in Eurasia.
The startup plans to use the raised funds for further platform development, expanding partnerships with children's centers, and implementing new features and capabilities for its users. Additionally, the project intends to raise a seed round for further expansion.
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