TLDR: Stc Group unveils “tali ventures”, to be the Corporate Venture Capital arm
- Stc Group launches tali ventures, its Corporate Venture Capital arm, to drive innovation in technology
- tali ventures collaborates with global funds Sanabil and Prosperity7 to support startups in AI, fintech, and cybersecurity
The launch of tali ventures by Stc Group marks a significant milestone in the company’s commitment to fostering technological advancement and supporting startups. The Corporate Venture Capital arm has already made investments in startups like Nile, Rewaa, and NearPay, showcasing its dedication to embracing new technologies and driving transformation. By collaborating with global funds and focusing on key areas such as AI, fintech, and cybersecurity, tali ventures aims to revolutionize industries and nurture a thriving ecosystem of talent.
The initiative aligns with stc Group’s efforts to foster innovation and support entrepreneurial talent, in line with its DARE strategy. Through programs like InspireU and investments in startups, the company continues to drive economic diversification and growth. Stc Group’s comprehensive suite of services encompasses digital infrastructure, cloud computing, cybersecurity, IoT, digital payments, and more, positioning it as a key player in the digital transformation landscape.