Arpatech Technology Venture Acquires Investor Lounge
Karachi, Pakistan Dec. 3, 2015 — Arpatech Technology Ventures (ATV), the venture arm of Arpatech Pvt. Ltd., Pakistan’s leading technology company announces today that it has signed a principle shareholding deal with Investor Lounge – financial technology company developing online solutions to help investors make better financial decisions.
Evaluated at an undisclosed six-digit dollar value, Investor Lounge is a startup from Nest i/o [email protected]’s Tech Incubator. It’s a platform that disseminates information about investment opportunities, so people can make better and informed decisions for their funds.
According to Baqar Abbas Jafri, CEO of Investor Lounge:
Investor Lounge is driven by a mission to enable millions of Pakistanis to have more prosperous financial lives. We cover the stock market in-depth and will cover mutual funds, commodities, fixed income instruments and other investment schemes soon so that millions of families in Pakistan can benefit from well-informed financial decisions’
With this investment, the Investor Lounge team is all geared-up to reach out to the 11.8 million Pakistanis whose savings lose substantial value by not being parked in the right investment avenues.
After Investor Lounge is the second startup to sign an investment deal with Arpatech recently.
About Arpatech Ventures (www.arpatechventures.com)
Arpatech Technology Ventures also known as ATV, is the venture arm spun out of Arpatech Private Limited, one of Pakistan’s leading technology company. ATV looks to invest in dynamic teams operating around areas of e-commerce. ATV investment strategy identifies cross synergistic ideas and companies to make angel or early round investments. By combining high performance teams, with the operating discipline, digital and technical capabilities of Arpatech, ATV’s investment companies look to outperform local and regional markets in their domains. ATV’s current portfolio is the largest collection of e-commerce and technology companies in Pakistan. ATV’s assets include e-commerce fulfillment
online shopping Jambo (http://www.jambo.pk),
online grocery TazaMart (http://www.tazamart.pk),
women’s marketplace Sheops (http://www.sheops.com),
About Investor Lounge (http://investorlounge.co)
Investor Lounge is a financial technology company developing online solutions to help investors make better financial decisions. They empower investors with education, financial information and online financial guidance to help them save and invest wisely.
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