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Maser soars past $2 billion valuation as Suri moves to invest in tech startups

By Kingsley Jeremiah, Abuja
26 September 2023   |   2:17 am
Maser, a renowned consumer electronics giant, said its valuation has surpassed an impressive $2 billion valuation mark. The Organisation linked the development to strong leadership and corporate structure.
Chief Executive Officer of Maser Group, Prateek Suri

Maser, a renowned consumer electronics giant, said its valuation has surpassed an impressive $2 billion valuation mark. 

The Organisation linked the development to strong leadership and corporate structure.
 
Chief Executive Officer of the firm, Prateek Suri, described the move as a commitment to innovation.

With the valuation, the company now stands as a shining example of success in the fiercely competitive consumer electronics industry, he noted.

The organisation said Suri’s leadership did not only revolutionized the consumer electronics market but also solidified the company’s position as a global tech industry heavyweight. The company noted that Suri’s innovative strategies and unwavering dedication have not only reshaped the industry but also captured the imagination of consumers worldwide.

The company, according to the statement, would leave a lasting impact on the global tech community as ahead of the GITEX Global/Expand North Star event. 

The GITEX Global, renowned as one of the world’s premier gatherings for startups and investors, will provide the organizations with a platform to share insights and experiences with the global tech community.

Expressing his excitement about the upcoming events, Suri said, “GITEX Global/Expand North Star present incredible opportunities for collaboration and innovation. I am honored to be a part of these events and contribute to the global tech ecosystem. Together, we can shape the future of technology and make a positive impact on the world.”

Through his venture capital arm, MDR Investments LLC, Prateek Suri is not only looking to invest in promising tech startups but also to mentor and guide the next generation of innovators. His dedication to fostering innovation and nurturing young talents reflects his deep-seated commitment to building a brighter future for humanity through technology.

Expand North Star 2023, slated to take place from October 15 to 18 at the iconic Dubai Harbour, is set to be the world’s largest event for startups and investors. Hosted by the Dubai Chamber of Digital Economy, this event promises to be a convergence of cutting-edge technology, visionary entrepreneurs, and influential investors.

As Suri prepares to make his mark at Expand North Star, he exemplifies the spirit of leadership and innovation that drives the tech industry forward.

His journey from leading Maser to surpassing a $2 billion valuation to investing in the next generation of tech innovators demonstrates his unwavering commitment to building a brighter future for the global tech community.

With Maser’s valuation soaring beyond $2 billion and Prateek Suri’s visionary leadership, the world eagerly anticipates the transformative impact this dynamic CEO will continue to make in the realm of consumer electronics and the broader tech industry.

As the world looks towards Dubai for Expand North Star 2023, all eyes will be on Suri, who is poised to guide the future of technology and humanity itself.

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