Lahore, Pakistan, December 7, 2023 – CodeNinja Inc. a, a leading technology solutions provider with offerings in enterprise cloud services and technical staff augmentation, has secured a major investment of $1.6Mn from sAi Venture Capital a Lahore based Technology Venture Investor with participation from their strategic partners Plutus21 Capital and their affiliates. The managing partner of sAi, Ahsan Jamil will be joining the company’s board.

“With this investment, we’ve merged our natural advantages in the technology sector with venture principals. CodeNinja’s ability to partner with global enterprise clients and doing value addition work makes us very excited about their growth potential,” explains Ahsan Jamil, managing partner of sAi Venture Capital.

CodeNinja, one of the fastest growing technology companies, with a YoY growth rate of 100% in the last 2 years alone, welcomes the investment as it looks further expand its operations and service portfolio, “We are committed continue our growth and expand to new markets delivering unparalleled value for our clients, and this investment will only help accelerate that process.” explains Mukhtar Ahmad Baig , Co-founder and CEO for CodeNinja, adding, “we are looking to scale our offerings for enterprise cloud whilst building on our data and artificial intelligence capabilities as our mission [as a company] is to integrate intelligence and compute seamlessly into the operational fabric of our clients, giving them the ability to innovate and deliver at scale.”

The investment will also serve as a strategic alliance, and it is anticipated to create new synergies for the company, “Having Ahsan on the board will undoubtedly helping in navigating challenges an organization faces during its growth phase,” explains Muhammad Umar, Co-founder and Head of Strategy & Engineering at CodeNinja, adding, “we have to realize our objective of transforming the company to a dynamic workplace meticulously crafted and powered by advanced AI, to cultivate the world's most productive and purpose-driven environment, setting the stage for unparallel success."