Resident of Astana Hub - startup "CTOgram" attracted $ 700 thousand investments
One of the main goals of the technopark is to help startups reach a new level. This includes assistance in attracting investments. One of these days, one of the residents of the Astana Hub tax regime and a participant in the acceleration programs of the technopark, the "CTOgram" company, announced that it had attracted investments in the amount of $700,000.
Startup "CTOgram" announced a new round of financing from international institutional investors, one of which was the leading Asian venture capital fund Quest Ventures. When the company was valued at $5 million, investors funded the startup for $700,000. Now the startup is at the Seed stage.
"СТОgram" is a single centralized system for quick search of service stations, spare parts, car washes. The platform helps drivers find auto services from trusted suppliers and automotive products such as parts from wholesalers. Users can view profiles and check reviews and ratings of nearby service centers. This allows you to check the spare parts themselves for their cars and at the same time their sellers. To date, more than 180 thousand car owners have used the company's services, more than 1,100 car services are also connected to the service.
The founder of the startup, Zhandos Tursumbaev, notes that the funds will be used to scale up the business in the CIS region in order to cover an even larger number of car enthusiasts and car service enterprises.
Recall that the CTOgram startup is a member of the international technopark of IT start-ups Astana Hub. All participants of the technopark receive tax preferences. Preferences exempt participants from paying taxes such as CIT, VAT, VAT on imports of goods, royalty tax, PIT and social tax for non-residents. Such a measure of state support allows IT companies to reinvest the saved funds in the development of their projects.