Maqsad (Pvt.) Ltd announced that it has received oversubscription of $2.8 million in a round of funding led by new investor Speedinvest GmbH and returning investor Indus Valley Capital on March 16, 2023. The transaction included participation from new investor Stellar Capital Partners Proprietary Limited and returning investor Alter Global and other strategic angels. The company has received $4.9 million in funding till date.