Business Central Admin YUGO.pk, an online travel portal, recently procured seed funding, from the Angel investor Syed Sheharyar Ali, who is also the Executive Director and CSO at Tree Group of Companies. The startup was part of the 12th cohort of the Punjab Information Technology Board’s (PITB) incubator, Plan9.
YUGO.pk was founded in 2017 by Ahmed Hannan Kayani, Ahmad Fazal Bajwa, and Asim Javaid. The company functions as an easy to use travel platform that allows travelers to plan and book a holiday experience online and customize it to their liking.
Ahmed Hannan Kayani, the co-founder of YUGO.pk, said, “Since its launch, YUGO.pk has helped thousands of tourists book different types of trips, from short city breaks to month-long international trips. We’re very thankful to Plan9 for their support and guidance and to Syed Sheharyar Ali for placing his trust in us.”
Syed Sheharyar Ali, an Angel Investor and Executive Director and CSO at Treet Group of Companies, said, “I believe Tourism is going to see a surge in the near future, especially because many countries are now gradually re-opening to welcome tourists. YUGO.pk has great potential and is guided by the vision to strengthen the local tourism market.”
Azfar Manzoor, the Chairman of PITB, said regarding the development, “it is very encouraging to see Pakistan emerging on the global map as one of the leading South Asian countries producing impactful startups. Our technology incubator Plan9 is committed to empowering aspiring entrepreneurs, and YUGO.pk is one of Plan 9’s success stories that have successfully raised good seed investments.”
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