IHC announced on Tuesday that it has managed to acquire up to 70 percent stake in Peko Holdings Limited, which is a technology-based firm offering an integrated digital platform that is anticipated to streamline and automate the fundamentals of business processes.
Peko is a digital platform that is an all-in-one solution designed to assist businesses in simplifying financial and other key administrative tasks with one intuitive interface.
The platform provides effective management of operations, such as bill payments, payroll, business travel, invoicing, corporate cards, compliance services, and scorecards of diverse operational processes.
With the consolidation of these mission-critical functions, Peko assists a business to reduce operational friction, increase productivity, and scaling more efficiently.
By its modular, platform-as-a-service model, Peko has responded to the increasing need of SMEs and mid-market business enterprises with a seamless platform-driven infrastructure, which replaces the fragmented legacy systems.
The platform is supported by recurring, subscription-based incomes, elevated customer retention, and high scalability, making the platform a fundamental digital infrastructure of the next-generation digital-first enterprises.
The acquisition is in line with the IHC strategy of investing in category-defining platforms with robust governance, dominant scale paths, and the capacity to create long-term, sustainable value across international markets.
It also captures the ongoing interest of IHC in technology-enabled business that drive efficiency, financial access, and operational resilience, with Peko actively incorporating artificial intelligence into its platform, including the launch of an AI-powered assistant that automates routine tasks, including invoicing, expense management, forecasting, and administrative documentation, further increasing customer value.
CEO of IHC, Syed Basar Shueb, said, “Peko represents the kind of scalable, future-ready platform we actively invest in, one that addresses real operational challenges for businesses while leveraging technology to unlock productivity and growth. This acquisition strengthens our digital services portfolio and advances our strategy of building integrated value networks across high-growth sectors. We see strong potential for Peko to scale regionally and globally, particularly as AI becomes increasingly embedded in enterprise operations.”
Founder and CEO of Peko Holdings Limited, Kashif Khan, stated that “Peko was built with a clear vision to empower businesses with a single, intelligent platform to manage their operations end to end. Partnering with IHC marks a defining moment in our journey. With IHC’s scale, long-term perspective, and strategic support, we are well-positioned to accelerate innovation, expand into new markets, and deliver greater value to SMEs worldwide.”
The transaction comes after a string of strategic acquisitions and investments achieved by IHC in the preceding six months, including Invictus Investment, Sammaan Capital, First Women Bank Limited, and Zelo, highlighting the vigorous exercise of capital into the high-growth, future-oriented platforms of financial services, technology, and digital infrastructure.
The acquisition of Peko Holdings continues to enhance the global portfolio of the IHC and reinforce its interest in supporting businesses that facilitate economic engagement, business efficiency, and growth sustainability in various markets.
