When was Maqsad founded?

Maqsad was founded in 2021 and raised its 1st funding round within a year of its incorporation.

Where is Maqsad located?

Maqsad is headquartered in Karachi, Pakistan.

How many employees does Maqsad have?

As of Sep 30, 2026, the latest employee count at Maqsad is 97.

Is Maqsad a funded company?

Maqsad is a funded company, having raised a total of $4.9M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 20, 2021.

When was the latest funding round of Maqsad?

Maqsad's latest funding was a $***** Seed round on Mar 16, 2023, with participation from 5 investors.

Where does Maqsad rank among its competitors?

Maqsad ranks 4th amongst 943 active competitors, of which 38 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was simpleclub, which secured $4.32M in May, 2024.

Who are the top competitors of Maqsad?

Maqsad's top competitors include Doubtnut, Stride and Jo Academy. Among them, simpleclub secured the most recent funding round in May, 2024.

Maqsad - 2026 Company Profile, Team, Funding & Competitors

Maqsad is a seed company based in Karachi (Pakistan), founded in 2021 by Rooshan Aziz and Taha Ahmed. It operates as an App-based platform offering multi-disciplinary learning solutions for students. Maqsad has raised $4.9M in funding from Speedinvest and Indus Valley Capital. The company has 943 active competitors, including 38 funded and 8 that have exited. Its top competitors include companies like Doubtnut, Stride and Jo Academy.

Company Details

App-based platform offering multi-disciplinary learning solutions for students. It allows students to complete courses at their own pace. It also provides doubt-clearing solutions. It is a study app that offers interactive bite-sized video lectures, MCQ practice tests, and instant math solutions. The app is available for iOS and Android users.

Website: maqsad.io
Social

Key Metrics

Founded Year

2021

Location

Karachi, Pakistan

Stage

Seed

Total Funding

$4.9M in 2 rounds

Latest Funding Round

Seed, Mar 16, 2023, $*****

Investors

Speedinvest & 6 more

Ranked

4^th among 943 active competitors

Employee Count

97 as on Sep 30, 2026

Similar Companies

Doubtnut & 1304 more

View Maqsad's full profile

Maqsad has raised a total funding of $4.9M over 2 rounds. Its first funding round was on Sep 20, 2021. Its latest funding round was a Seed round on Mar 16, 2023 for $*****. 5 investors participated in its latest round. Maqsad has 6 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Maqsad:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 16, 2023	7741341	Seed	5584104	9839066	9588788	7134347
Sep 20, 2021	8721308	Seed	7118289	9132973	Indus Valley Capital	Gobi Partners & 2 more

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View details of Maqsad's funding rounds and investors

The founders of Maqsad are Rooshan Aziz and Taha Ahmed.

Here are the details of Maqsad's key team members:

Rooshan Aziz: Co-Founder of Maqsad.
Contact Info: 1 email address
Taha Ahmed: Co-Founder of Maqsad.
Contact Info: 1 email address

View details of Maqsad's Founder profiles and Board Members

Maqsad's employee count trend

Maqsad has 97 employees as of Sep 26. Here is Maqsad's employee count trend over the years:

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Top competitors of Maqsad include Doubtnut, Stride and Jo Academy. Here is the list of Top 10 competitors of Maqsad, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Doubtnut 2016, Gurugram (India), Acquired	Doubt clearing app for various subjects	$53.7M	Innoven Capital, Peak XV Partners & 29 others	60/100
2nd	Stride 2000, Herndon (United States), Public	Provider of learning services & programs	-	Triodos Investment Management, TCV & 9 others	59/100
3rd	Jo Academy 2013, Riyadh (Saudi Arabia), Seed	Mobile-based platform providing multi-disciplinary learning solutions	-	Foursan, Foursan Group	58/100
4th	Maqsad 2021, Karachi (Pakistan), Seed	App-based platform offering multi-disciplinary learning solutions for students	$4.9M	Speedinvest, Alter & 5 others	52/100
5th	Tutopia 2020, Kolkata (India), Unfunded	App-based platform offering online courses for school students	-	-	50/100
6th	Uable 2019, Bengaluru (India), Seed	Provider of a lifelong learning ecosystem for teenagers	$5.14M	Chiratae Ventures, JAFCO Asia & 72 others	50/100
7th	Hellosaurus 2019, New York City (United States), Acquired	Provider of learning platform for kids	$3.65M	500 Global, General Catalyst & 15 others	49/100
8th	Physics Wallah 2018, Delhi (India), Unfunded	Online platform offering educational content and tools for various competitive examinations and academic subjects	-	-	48/100
9th	simpleclub 2015, Grunwald (Germany), Series A	Provider of a learning application for school children	$16.6M	HV Capital, 10x Founders & 15 others	48/100
10th	Mojaru 2020, Dhaka (Bangladesh), Unfunded	Provider of online e-learning courses for children	-	-	48/100