News Desk
Karachi: Wealth University, led by Chief Operating Officer Muhammad Anas Ali, has signed a strategic growth agreement with BABSOL (SMC-PRIVATE) LIMITED.
Under the deal, Babsol will support the university’s expansion with financial resources, technology expertise, digital marketing, and business development. Babsol will become eligible for a 20% ownership stake once cumulative qualifying revenue reaches $5 million, rising to 40% if it reaches $10 million by December 31, 2027.
Wealth University will keep responsibility for day-to-day management, while Babsol will fund commercially reasonable expenses under a jointly approved growth plan.
The partnership aims to expand educational offerings and accelerate the university’s growth.
