Vista, as Irancell’s investment holding, received the license to operate as a corporate venture capital investment fund (CVC).
According to Iran digital economy annotation, according to Irancell Public Relations, by granting the Corporate Venture Capital Fund (CVC) license to Vista Company as the investment arm of Iran’s first and largest digital operator by the Presidential Innovation and Prosperity Fund, Irancell joined the ranks of corporate venture capital players.
Irancell has entered the field of corporate venture capital with the aim of creating digital transformation in industries and businesses. The investment focus of Vista venture capital fund is in the fields of financial technologies, e-commerce, digital health, artificial intelligence and technological knowledge-based products and services, and these are in line with the strategy of Iran’s first and largest digital operator, i.e. moving from Telco It leads to the technology-oriented company (Techco).
Vista Company was established as Irancell’s investment holding company in 2019, and its portfolio includes Rubika Company, Innovative Research and Technology Fund, Snapp Group, Irancell Labs Company, Iranian Towers Company, Vista Media Company, and Atiyeh Vista Supply Company. By receiving a license to operate in the CVC field, Vista plays an effective role in the development of the country’s digital economy ecosystem, in line with Irancell’s value chain and services, through attracting technology teams and investing in start-up and knowledge-based businesses.
No Comment! Be the first one.