About AyeCo
AyeCo is a Healthcare company based in Lahore (Pakistan) founded in 2017 by Faaiz Arbab. Smartphone-operated wheelchairs are supplied for mobility-impaired users. AyeCo has raised $76.47 thousand across 1 funding round from investors including Aamir Ibrahim and Naeem Zamindar. Its chief executive, as recorded, is Faaiz Arbab. Its focus areas include HealthTech, Assistive Tech, Assistive Hardware and Mobility. Its legal entity in India is Group Publishing India Llp (AAH-6698).
Company details
AyeCo was founded in 2017 in Lahore, Pakistan, within the mobility aids sector. Wheelchairs are provided for individuals with disabilities, including the GoBee model developed for smartphone control via an application. Operations involve motors rated at 3200 RPM for handling 30-degree inclines, paired with a battery enabling up to 40 km of travel per charge. Focus remains on accessible mobility solutions in the region.
- Headquarters Lahore, Pakistan
- Founders Faaiz Arbab
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website ayecogroup.com
- Social LinkedIn X Facebook
- Legal Name Group Publishing India Llp
- Date of Incorporation 24 Oct, 2016
- Jurisdiction Bengaluru, Karnataka, India
- Total Equity Funding$76.47K (USD)
in 1 rounds
- Latest Funding Round$76.47K (USD), Angel Round
Sep 2019
Associated legal entities of AyeCo
AyeCo operates through Group Publishing India Llp (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Group Publishing India Llp CIN AAH-6698 | Active | 24 Oct 2016 | Bengaluru, Karnataka | 2 | View details |
Funding Insights of AyeCo
AyeCo has successfully raised a total of $76.47K through 1 strategic funding round. The most recent funding activity was a Angel Round of $76.47 thousand completed in September 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $76,474
- Total Rounds 1
- Last Round Angel Round — $76,474
- First Round $76,474
(Sep 2019)
- Investors Count 2
All 1 funding rounds of AyeCo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2019 | $76,474 | Angel Round | – | Aamir Ibrahim, Naeem Zamindar | – |
2 investors in total: 0 institutional and 2 angel.
Investors in AyeCo
AyeCo has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Aamir Ibrahim and Naeem Zamindar.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AI Aamir Ibrahim | Angel investor, ex-CEO of Airtel Business, focused on tech startups | unknown_0102dfedb0b54733b | ||
NZ Naeem Zamindar | unknown_402962c78c9a4cd18 |
Investor details for AyeCo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Group Publishing India Llp (AyeCo)
Group Publishing India Llp is the primary company behind AyeCo. The board of Group Publishing India Llp currently have 2 directors; the longest-serving is Nischal Sukumaran, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nischal Sukumaran DIN 07610573 | Designated Partner | 24 Oct 2016 | 10 yrs | Group Publishing India Llp |
| Thomas Jay Schultz DIN 10730637 | Designated Partner | 03 Dec 2024 | 1 yr 11 mo | Group Publishing India Llp |
People of AyeCo
1 people are tracked at AyeCo (1 in leadership).
| Name | Role | Group |
|---|---|---|
Faaiz Arbab | Founder & CEO | Leadership |
Complete people profiles for AyeCo
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Timeline of AyeCo
2 dated milestones of AyeCo across 2 years, from founding to its latest funding, stage changes and deals.
- Founded AyeCo is founded.
- Funding First funding round of $76K.
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Related news about Ayeco
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Frequently Asked Questions about AyeCo
AyeCo was founded in 2017 and raised its 1st funding round 2 years after it was founded.
AyeCo is headquartered in Lahore, Pakistan. It is registered at Lahore, Punjab, Pakistan.
Faaiz Arbab is the CEO of AyeCo, as recorded in our data. They have also founded this company.
AyeCo is a funded company, having raised a total of $76.47K across 1 funding round to date. The company's 1st funding round was a Angel Round of $76.47K, raised on Sep 2019.
AyeCo was founded in 2017 in Lahore, Pakistan, within the mobility aids sector. Wheelchairs are provided for individuals with disabilities, including the GoBee model developed for smartphone control via an application. Operations involve motors rated at 3200 RPM for handling 30-degree inclines, paired with a battery enabling up to 40 km of travel per charge. Focus remains on accessible mobility solutions in the region.
AyeCo has 2 investors. Key investors include Aamir Ibrahim, and Naeem Zamindar.
AyeCo operates through Group Publishing India Llp.
The legal entities of AyeCo currently have 2 directors, including Nischal Sukumaran, Thomas Jay Schultz.