About Maqsad
Maqsad is a company based in Karachi (Pakistan) founded in 2021 by Rooshan Aziz, Mahwish Shaukat, and Taha Ahmed. Maqsad has raised $4.9 million across 2 funding rounds from investors including Speedinvest, Alter Global and Stellar Capital. Maqsad offers products and services including Maqsad App, Video Lectures, Live Classes, and Tests and MCQs. Maqsad operates in a competitive market with competitors including Doubtnut, simpleclub, Hellosaurus, EducUp and Auro Scholar, among others.
- Headquarter Karachi, Pakistan
- Founders Rooshan Aziz, Mahwish Shaukat, Taha Ahmed
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Sectors
Education
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Phone
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Website
Locked
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Social
Locked
- Legal Name Maqsad (Pvt.) Ltd.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$4.9 M (USD)
in 2 rounds
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Latest Funding Round
$2.8 M (USD), Seed
Mar 16, 2023
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Investors
Speedinvest
& 6 more
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Employee Count
Not available
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Products & Services of Maqsad
Maqsad offers a comprehensive portfolio of products and services, including Maqsad App, Video Lectures, Live Classes, and Tests and MCQs.
Mobile app for entry test preparation and resources
Pre-recorded lessons for exam topics
Real-time sessions with teachers and discussions
Practice tests with feedback for performance tracking
Funding Insights of Maqsad
Maqsad has successfully raised a total of $4.9M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.8 million completed in March 2023. 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.
Investors in Maqsad
Maqsad has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Speedinvest, Alter Global and Stellar Capital.
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Early-stage venture capital and startup acceleration are provided.
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Multiple sectors are targeted by investments from Indus Valley Capital.
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Early-stage venture capital investments are made in emerging markets.
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Investor details for Maqsad
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Maqsad
Investment portfolio details for Maqsad
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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- Transaction dates
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Financial Statements - Maqsad
Detailed financials for Maqsad
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- Historical revenue
- Profit trends
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Maqsad Comparisons
Peer comparison for Maqsad
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- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Maqsad
Maqsad operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Doubtnut, simpleclub, Hellosaurus, EducUp and Auro Scholar, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Doubt clearing app for various subjects
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Provider of a learning application for school children
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Provider of learning platform for kids
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Offers accredited online courses for mental health, insurance, and real estate professionals.
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Scholarship programs for school students are offered via mobile platform.
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Detailed competitors of Maqsad
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Latest news on Maqsad
Complete news archive for Maqsad
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Frequently Asked Questions about Maqsad
Maqsad was founded in 2021.
Maqsad is headquartered in Karachi, Pakistan. It is registered at Karachi, Sindh, Pakistan.
Maqsad is a funded company, having raised a total of $4.9M across 2 funding rounds to date.
Maqsad was founded in 2021 in Karachi, Pakistan, as an edtech platform. Multi-disciplinary courses are offered to students through a mobile app, enabling self-paced completion. Interactive bite-sized video lectures, MCQ practice tests, and instant math solutions are provided, along with doubt-clearing support. The app operates on iOS and Android devices, serving users in the education sector.
Maqsad's top competitors include Doubtnut, Hellosaurus and simpleclub.
Maqsad offers Maqsad App, Video Lectures, Live Classes, and Tests and MCQs.
Maqsad has 7 investors. Key investors include Speedinvest, Alter Global, Stellar Capital, Indus Valley Capital, and Johann Jenson.