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Speedinvest Leads $2.8M Seed Round For Maqsad, Pakistan's Education Technology Provider

PRIVATEMar 17, 2023

Amount Raised

$2.8 Million

Round Type

Seed

KarachiEducationE Learning

Investors

Johann JensonAlter GlobalStellar CapitalIndus Valley CapitalSpeedinvest

Description

The Vienna-based VC fund Speedinvest led a $2.8 million round for Maqsad, the Karachi-based startup that provides an end-to-end learning platform for online teaching and testing. The investment will help Maqsad to grow its edtech platform and solve a major challenge in the country’s education system, Bloomberg reports

Quick answer

Maqsad raised $2.8 Million in a Seed round, dated March 17, 2023. Investors: Johann Jenson, Alter Global, Stellar Capital, Indus Valley Capital and Speedinvest. Maqsad is based in Karachi, Sindh, Pakistan.

How much did Maqsad raise?
Maqsad raised $2.8 Million in a Seed round on March 17, 2023.
Who invested in Maqsad?
Johann Jenson, Alter Global, Stellar Capital, Indus Valley Capital and Speedinvest are named as investors in this round.
What does Maqsad do?
Maqsad is on a mission to provide a high quality learning experience to 100 million Pakistani students.
Where is Maqsad based and how big is it?
Maqsad is based in Karachi, Sindh, Pakistan.
Who are the decision-makers at Maqsad?
Fundz holds 1 contact at Maqsad. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Education and E Learning around the same time

Companies in the same sectors as Maqsad that raised within 45 days of this round, from Fundz verified event records.

  • UpGrad raised $36M (Funding Round) on March 29, 2023.
  • Three Cubes raised $266K (Seed) on March 17, 2023.
  • Chalk Talk Solutions raised $4.6M (Seed) on March 8, 2023.
  • Coding Giants raised $3.7M (Seed) on March 6, 2023.
  • LMS365 raised $20M (Funding Round) on April 26, 2023.
  • Groundlight raised $10M (Seed) on April 19, 2023.

Who to call at Maqsad, and when

A new round usually means Maqsad is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Maqsad raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Maqsad, from your own LinkedIn network

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Company Information

Company

Maqsad

Location

Karachi, Sindh, Pakistan

About

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). Download the app NOW to access our exclusive content: https://bit.ly/3MhQtjz

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