Maslin capital brings the new venture capital fund named ‘Maslin VC Fund-1’ opening up new possibilities of venture capital investment in the country. The Maslin VC Fund-1 will help new entrepreneurs make equity investment.
Venture capital funds are investment funds that manage the money of investors who seek private equity stakes in startup and small- to medium-sized enterprises with strong growth potential.
Maslin Capital handed over sponsor’s money to its trustee Union Capital on Friday.
Chief executive officers of both the Maslin Capital and the Union Capital, Wali-ul-Maroof Matin and Chowdhury Manzoor Liaquat, along with other officers from both the organisations, were present at the inaugural ceremony.