“Sarava” investment holding announced that it handed over its 36% stake in “Evand” to the founder of this company and after 9 years, it left the shareholding structure of “Evand”.
According to Ideaagency, in its exit statement, Sarava wrote: “In the last three years, this is the sixth successful exit of Sarava from its investment portfolio. “Earlier, Sarava left the shareholding structure of Digikala Group, Hezardastan (CafeBazaar and Divar), Alibaba, Alopeyk and Navar in a win-win agreement.”
Evand is an event, convention, seminar, workshop and conference information platform that facilitates the online registration process.
In another part of this statement, Sarava said: “Now, considering the strategic changes in Sarava’s future strategy, as well as the achievement of Evand to a level of business maturity that requires new approaches for future growth and investments, it was decided to transfer Sarava’s shares in Evand be handed over.”
In the end, the company thanked the Evand team: “Sarava is proud of the joint achievements with Evand and is sincerely grateful for the valuable efforts of all the members of the Evand team during this cooperation. We hope that Evand will achieve more success in the continuation of its growth path by taking advantage of its professional and creative team and play a more effective role in the development of new services in the field of events and management of in-person and online programs.”
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