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Home»Ecosystems»Caucasus»INMerge Ventures Backs Clopos to Accelerate Growth in HoReCa Tech
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INMerge Ventures Backs Clopos to Accelerate Growth in HoReCa Tech

Editorial BoardBy Editorial BoardApril 27, 2026Updated:May 1, 2026No Comments2 Mins Read
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Clopos, a cloud-based POS and business management platform focused on the hospitality and retail sectors, has secured new investment from INMerge Ventures to support its continued expansion across emerging markets.

While the financial details of the transaction were not disclosed, the funding will be used to further enhance the company’s technology platform, grow its team, and accelerate its regional footprint.

The investment comes at a time when small and medium-sized businesses across emerging markets are rapidly shifting away from legacy systems toward more flexible, cloud-based solutions. Clopos addresses this demand with an integrated platform that combines operational tools with advanced analytics, enabling businesses to streamline processes and improve performance.

The company reports that its solutions are now used by more than 4,500 customers across 12 countries, highlighting strong product-market fit and increasing international traction. Clopos is already active in key markets including Azerbaijan, Uzbekistan, Türkiye, and Kazakhstan, and continues to expand its presence across the broader region.

INMerge Ventures was established in 2024 as part of the INMerge innovation summit organized by PASHA Holding. The fund focuses on investing in startups across the Caucasus and Central Asia, Central and Eastern Europe, as well as the Middle East and North Africa.

Its founding partners include PASHA Innovations, the Innovation and Digital Development Agency, the Azerbaijan Investment Company, and Trendyol Group. Beyond capital, the fund provides portfolio companies with strategic mentorship, business development support, and access to international networks.

This is not Clopos’ first external funding. The company previously raised $800,000 in an earlier round backed by Caucasus Ventures, Next Business Angels, SABAH.fund, SABAH.angels, and White Hill Capital.

With fresh capital and growing demand for digital infrastructure in the HoReCa sector, Clopos is positioning itself to scale further as businesses across emerging markets continue their transition toward modern, data-driven operations.

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Vodafone Qatar acquires Maktapp to expand into SME fintech

By Editorial BoardMay 1, 20260

Vodafone Qatar has announced the acquisition of Maktapp LLC through its subsidiary Infinity Fintech Ventures,…

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