Tech Company Financing Transactions
Maqsad Funding Round
On 3/16/2023, Maqsad secured $4.9 million in Seed funding from Speedinvest, Alter Global and Indus Valley Capital.
Transaction Overview
Company Name
Announced On
3/16/2023
Transaction Type
Venture Equity
Amount
$4,900,000
Round
Seed
Investors
Proceeds Purpose
Maqsad aims to make education more accessible to 100 million Pakistani students through a learning platform delivered via a mobile app. The platform offers teaching and testing, and can respond to queries. It seeks to disrupt the country's out-of-school education sector, which largely consists of expensive tuition services that most families can't afford.
Company Information
Company Status
Private & Independent
Industry
EdTech
Mailing Address
Undisclosed
Karachi, Undisclosed
PK
Karachi, Undisclosed
PK
Phone
Website
Email Address
Overview
Maqsad is on a mission to provide a high quality learning experience to 100 million Pakistani students. We want every student to reach their full potential and achieve their maqsad (purpose).
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Taha Ahmed
Co-Founder
Rooshan Aziz
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