Author - Mansur Ismagulov
The Tech AI
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The Kazakh startup CTOgram has completed the exit of early investors with returns ranging from 2.5x to 10x. Out of 12 early investors, 11 have exited their stakes, including Quest Ventures, Most Ventures, and Bik Sky Capital; only founders Zhandom Tursunbayev and Timur Turlow remain. The next stage of collaboration between CTOgram and AUTOBODY involves launching the Freedom Auto direction through the Freedom company.
The Kazakh startup CTOgram has completed the full exit of early shareholders, ensuring investors a successful exit with returns ranging from 2.5x to 10x. Out of 12 early investors, 11 have exited the company's capital, leaving only founder Zhandos Tursumbayev and Timur Turlow as owners.
The next stage for CTOgram and AUTOBODY will be closely tied to Freedom, where management plans to launch a new direction — Freedom Auto.
Among the successful investors who exited the project are Quest Ventures, Most Ventures, Bik Sky Capital, Investbanq, and others. These results confirm the effectiveness of the venture market in Kazakhstan and open up prospects for new projects.
Source: Instagram
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