White Hill Capital is launching a $5 million venture fund to support IT startups in Tajikistan

White Hill Capital and Tajinvest have signed a memorandum of cooperation, with the aim of establishing a venture fund worth $5 million to support the IT sector in Tajikistan.

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

Under the signed memorandum, the parties agreed to collaborate on developing venture investment in Tajikistan.

This memorandum will be an important step in the development of Tajikistan's IT ecosystem, providing local startups with access to international capital and advanced practices. The initiative will strengthen the country's position as an attractive destination for global investors. This collaboration will create a solid platform for innovation and sustainable business growth in Tajikistan, supporting the development of local IT startups and attracting the attention of the international community, making the country a promising platform for international investments.