Systems Limited, through its subsidiary Systems Ventures, has invested in JOMO As part of its mission to boost digital innovation and help Pakistani firms, Systems Ventures made this investment.
We believe JOMO has one of the most innovative and modern eCommerce business models, which has aided in its quick growth and differentiation. Other notable Board members include The Services Group, Sapphire Group, and others.
“We are pleased to strategically invest in JOMO, Pakistan’s fastest-growing fashion eCommerce company,” said Asif Peer, CEO of Systems Limited. To date, JOMO has established itself as a prominent eCommerce brand in the fashion sector. The technology partner and strategic investor believes JOMO will set the pace for the Pakistani eCommerce sector.
We are happy to have a prominent global technology partner and investor like Systems on board,” said Ali Khan-Bajauri, Cofounder and CEO of JOMO, on the equity investment. Our first round of private funding has closed. We at JOMO wanted to hire the best experts in technology, data, brand building, beauty, and fashion before approaching VCs for startup investment.
To assist boost JOMO into a global Pakistani eCommerce company, he added, “We are quite happy with the inclusion of Systems.”
This large investment broadens Systems Ventures’ investment portfolio and supports the goal of creating a digital marketplace. The company wants to help Pakistan’s economy by creating jobs.
This is a joint venture between Systems Ventures and Systems Limited, Pakistan’s biggest technology company. As our parent company’s heritage, we aspire to make bold decisions and work with leaders to maximise their ideas’ value.
Systems Limited is Pakistan’s first software services firm and a global technology powerhouse. The digital technology promise has been delivered to a wide range of industry verticals both locally and globally since 1977. Strategic alliances with premier technology providers enable the organisation to give exceptional technological capabilities that help businesses develop.
Systems Limited has established itself as a true leader in technological innovation and Pakistan’s most awarded IT organisation, with a long record of medals and achievements. With a market capitalization of Rs. 100 billion, it became Pakistan’s first IT company to win the LCCI President’s IT Award, and the country’s largest IT exporter.
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