CodeNinja, a Lahore-based software development firm, has raised $1.6 million in funding from sAi Venture Capital and its strategic partners Plutus21 Capital and affiliates.
According to a press release, CodeNinja is one of Pakistan’s fastest-growing technology companies. With three regional offices and a year-on-year growth rate of 100 percent in recent years.
Mukhtar Ahmad, CEO of CodeNinja, stated that the company’s objective is to seamlessly integrate analytics. Then, computing it into its clients’ operational fabric. Since its inception in 2014, the company has worked with over 100 clients from all around the world.
Furthermore, he went on to say that the company’s artificial intelligence was created to generate a purpose-driven ecosystem that would encourage achievement.
Meanwhile, sAi Venture Capital Managing engage Ahsan Jamil stated that the firm is excited about CodeNinja’s ability to engage with global enterprise clients and provide value-added services.
He went on to say that unlocking the export potential requires more than simply money, and that sAi Venture Capital intends to give systematic assistance to help enterprises become global technology players.
In conclusion, CodeNinja’s recent achievement of securing $1.6 million in funding marks a significant milestone for the Lahore-based software development firm.
Furthermore, recognized as one of Pakistan’s fastest-growing technology companies, CodeNinja has demonstrated impressive year-on-year growth. Also the company has a commitment to seamlessly integrating analytics and computing into its clients’ operational fabric.
CEO Mukhtar Ahmad emphasizes the company’s mission to create a purpose-driven ecosystem through artificial intelligence, fostering achievement for its global clientele.
The strategic investment from sAi Venture Capital, Plutus21 Capital, and affiliates reflects confidence in CodeNinja’s ability to engage with global enterprises and deliver value-added services.
Ahsan Jamil, Managing Partner at sAi Venture Capital, expresses excitement about supporting CodeNinja’s journey. He also highlights the importance of systematic assistance to unlock the export potential. Furthermore, he emphasizes on the propel enterprises into global technology leadership.
Visit CxO Global FORUM or CxO News Live for all the latest updates.
