The Number of Active Startups in Azerbaijan Expected to Increase

While the number of active startups in Azerbaijan is over 100, it is planned to increase this number to 450 by 2026.

For the First Time in the Women In Tech Global Movement International Competition, 3 women from Azerbaijan Made it to the Finals

Women In Tech ®️ Global Movement, one of the leading organizations in the field of technology, has been operating since 2018.

Azerbaijani Founder's Tailbox Venture Received $1.5 million Investment!

Azerbaijani startups are becoming more and more popular on a global scale every day. Thus, the Tailbox initiative, one of the founders of Azerbaijani Bayezid Malikov, received an investment of $ 1.5 million this time.

"Caucasus Ventures" invested in 3 more startups

As we know, Azerbaijan's first venture capital fund "Caucasus Ventures'' was established at the end of last year.

Trendyol Expands Operations with New Subsidiary in Azerbaijan

Renowned Turkish e-commerce platform, Trendyol, has expanded its global footprint by establishing a subsidiary in Azerbaijan.

Baltic Technology Ventures signed an investment agreement with Azerbaijan's

Baltic Technology Ventures, one of the giants of the technology field, signed a co-investment agreement with

Payrails Initiative Received an Investment of $14.4 million

In a significant development for the fintech industry, Azerbaijani entrepreneur Orkhan Abdullayev, along with Emre Talay and Nicolas Thouzeau, founded Payrails in 2021.

Kazakhstan Embraces Work-Life Balance: Introduces 4-Day Work Week

In a move that highlights Kazakhstan's commitment to the well-being of its citizens, the country has announced a transition to a 4-day work week from July of this year.

EY Banned from Auditing in Germany for Two Years over Wirecard Scandal

Ernst & Young (EY), one of the world's leading auditing and consulting firms, has been banned from conducting audit activities in Germany for two years due to its involvement in the financial scandal of Wirecard, whose audit EY was responsible for.