Mahana Wealth, a technology-led investment management company, has secured $2.1 million in a pre-seed round, which was led by Swedish company VEF, SparkLabs Group of South Korea and Hong Kong and local strategic partner IGI Investments.
Backed by Mattias Martinsson, co-founder of Swedish fund manager Tundra Fonder, and other international investors, Mahaana Wealth also recently closed a $2.1-million pre-seed round, which will contribute directly to meeting regulatory capital requirements, the company stated.
Pakistani fintech startup Mahaana Wealth Ltd. raised $2.1 million from venture capital firms VEF AB and SparkLabs Group, as well as local insurer IGI Holdings, riding a surge in investment appetite in the world’s fifth most populous nation.
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A Collaboration with Bol TV and Harvard Club Pakistan
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Shamoon Tariq, CEO, Mahaana in conversation with Mattias Martinsson, Chief Investment Officer at Tundra Fonder & Key Adviser of Mahaana Wealth.
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