OYAK, which has grown by making uninterrupted production 24 hours a day in different sectors from Japan to the USA, has started its operations in mining, metallurgy, food, agriculture, livestock, cement, concrete, paper, construction, automotive, logistics, energy, chemistry and finance. increases its portfolio diversity with the investments it makes. Here are the details…
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OYAK increases its investments in technology
Aiming to support and globalize the domestic venture capital ecosystem with the steps it has taken in the field of technology, OYAK aims to contribute to Turkey’s vision of a technology exporting country.
. For this purpose, OYAK invested in Innovance, another Turkish venture that develops software and technology, after one of the strongest players in the fintech world, which is one of the first companies to obtain an electronic money license in Turkey and OYAK entered the globally important identity verification sector with its OCR Labs investment. .
OYAK’s goal in the upcoming period is to raise three unicorns from these and similar companies it has invested in. Speaking about OYAK’s recent technology moves, OYAK Finance Sector Group President Emrah Silav said, “Under the leadership of our OYAK General Manager Süleyman Savaş Erdem, we have focused on increasing our global power and influence with the understanding of management and organization that has changed in the last six years.
We manage global change with our investments in finance and insurance technologies. While expanding the service area with OYAK Group Insurance’s London office, we also produce integrated business models with financial technology and insurance technology companies with the investments we made through the Venture Capital Investment Funds of OYAK Portfolio, its other subsidiary.”
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