Sarava Company announced that it left the shareholding structure of “Navar” and transferred its shares to its founders
According to Iran digital economy annotation, in the statement of Sarava, it is stated: “In line with the creation of value and investment in the field of content, Sarava had succeeded in investing and acquiring a part of Navar’s shares in 2015.”
Referring to one of the principles of his investment, which is investing in entrepreneurs, Sarava has announced that he has transferred his shares to the founders. In this regard, Sarava’s statement states: “Sarava’s investment philosophy since its establishment has been investing in entrepreneurs, joint investments with multiple stakeholders, and building a national brand. Due to the importance of the entrepreneur from Sarava’s point of view and the creation of more potential and incentive for the Navar’s growth by its co-founders who own the majority of the company’s shares, Sarava’s shares were transferred to the Navar’s founders under facilitated conditions.
The statement continues: “Navar was one of the successful companies in Sarava’s portfolio, which was able to respond to the needs of users in the era of rapid digitization of content in the field of producing and publishing audio books, book summaries, and podcasts, and led to an increase in book reading per capita in society. became. Considering the importance of content in the current era and the wide and popular audio book market inside the country and in other Persian-speaking parts of the world, Navar, relying on its founders, has the potential to expand to countries in the region and neighboring Iran.”
Sarava thanked its former CEO and board of directors and said: “Sarava thanked the board of directors and its former CEO who played an important role in supporting and managing portfolio companies and their successful exit during his presidency, and hopes that the founders of Navar They can achieve more success for their group with the new shareholding structure.”
Sarava thanked its former CEO and board of directors and said: “Sarava thanked the board of directors and its former CEO who played an important role in supporting and managing portfolio companies and their successful exit during his presidency, and hopes that the founders of Navar They can achieve more success for their group with the new shareholding structure.”
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