CodeNinja, a prominent software development company based in Lahore, has successfully raised $1.6 million in a funding round led by sAi Venture Capital, along with strategic partners Plutus21 Capital and affiliates.
The announcement, made through an official press release, positions CodeNinja as one of Pakistan’s rapidly growing technology enterprises. With operations spanning three regional offices, the company has demonstrated an impressive 100 percent year-on-year growth in recent years.
Mukhtar Ahmad, CEO of CodeNinja, outlined the company’s mission to seamlessly integrate intelligence and computing into the operational fabric of its clients. Established in 2014, CodeNinja has garnered a global clientele, collaborating with over 100 clients worldwide. Ahmad emphasized the company’s commitment to fostering a purpose-driven ecosystem through its artificial intelligence initiatives.
“Our goal is to encourage success by leveraging technology intelligently,” said Ahmad, reflecting on the transformative role artificial intelligence plays in their business strategy.
Ahsan Jamil, Managing Partner of sAi Venture Capital, expressed excitement about CodeNinja’s capabilities in partnering with global enterprise clients and delivering value-added services. Jamil acknowledged that realizing the export potential of businesses requires more than just financial support. He highlighted sAi Venture Capital’s commitment to providing systematic assistance, enabling businesses to emerge as global technology players.
The funding injection will fuel CodeNinja’s continued growth and innovation in the software development space. As technology continues to evolve, CodeNinja positions itself as a key player, offering cutting-edge solutions to its expanding client base.
The successful funding round signifies not only the confidence of investors in CodeNinja’s potential but also the broader recognition of Pakistan’s tech industry as a hub for innovation and growth. The collaboration with sAi Venture Capital and Plutus21 Capital further underscores CodeNinja’s strategic positioning in the global technology landscape.
As CodeNinja propels itself into the next phase of development, the infusion of capital will support the company in achieving its mission of pioneering intelligent and impactful technology solutions for its clients worldwide.