Lahore-based software development company CodeNinja has successfully raised $1.6 million in a funding round led by sAi Venture Capital along with strategic partners Plutus21 Capital and affiliates. CodeNinja, recognized as one of Pakistan’s fastest-growing technology firms, operates from three regional offices and has achieved an impressive 100 percent year-on-year growth in recent years.
CodeNinja, founded in 2014, is on a mission to seamlessly integrate intelligence and computing into its clients’ operational fabric. The company boasts a track record of collaborating with over 100 clients worldwide, leveraging artificial intelligence to foster purpose-driven ecosystems that encourage success.
Mukhtar Ahmad, CEO of CodeNinja, expressed the company’s commitment to integrating cutting-edge technology to drive its clients’ operational excellence. He highlighted the significant strides CodeNinja has made since its inception.
Ahsan Jamil, Managing Partner of sAi Venture Capital, expressed excitement about CodeNinja’s ability to forge partnerships with global enterprise clients and deliver value-added services. He emphasized that for businesses to tap into export potential, they require more than just financial support. sAi Venture Capital aims to provide systematic assistance to help companies like CodeNinja become influential global technology players.
The funding infusion is expected to fuel CodeNinja’s expansion plans and further solidify its position in the competitive technology landscape.
