Sina Afra acquired equity shares in the IKAR Industries investment group
Sina Afra, one of Europe’s most successful technology investors and entrepreneurs, acquired shares in investment group IKAR Industries
LONDON, UNITED KINGDOM, April 25, 2021 /EINPresswire.com/ – Sina Afra, one of the most successful technology investors and entrepreneurs in Europe has acquired shares in the international investment group, IKAR Industries LLP, based in London.
IKAR Industries has a wide range of investment objectives with group companies focused on the technology, hospitality, real estate, security and safety, sports and entertainment and energy.
It is an entrepreneurial investment group, with geographic interest in the United States and North America, Europe and emerging markets. The group is represented in Amsterdam, Berlin, Boston, Istanbul, New York, Washington and Zurich.
“After 40 technological investments, IKAR is my first investment in an efficient and very promising industrial investment group. The talent pool that the co-founders have assembled is unique and I am very excited to support the growth of the entire group, ”says Sina Afra.
“We are extremely proud to have on board such a distinguished investor and entrepreneur as Sina Afra! Its international network and success in growing businesses will help us become a leading global investment group in the years to come, ”said Mario Diel, President and Co-Founder of IKAR Industries.
“Sina joined our Advisory Board last year and has witnessed the significant growth of our group over the past few months. His investment in our group is a tremendous boost and an indicator of his confidence in the executive direction and business strategy of our group, ”said Howard Beasey, President and Co-Founder of IKAR.
The parties have agreed not to disclose any details of the financial transaction to the public.
About Sina Afra
Sina is a serial entrepreneur. His latest effort is Tiko which he founded and serves as CEO. Previously, he was the founder of Markafoni, Turkey’s first online fashion site. Markafoni became the first Turkish internet company to expand beyond Turkey’s borders: Markafoni launched sites in Australia, Ukraine, Greece and Poland. Sina was President and CEO until 2014.
The Naspers group acquired in July 2011 a majority stake in Markafoni and signed one of the biggest deals on the Turkish Internet.
Sina founded 12 companies and left 9. Sina is also an active Business Angel and invests in early stage start-ups. He has 40 angel investments. He is chairman of the Entrepreneurs Foundation, former board member of Endeavor Turkey and sits on the board of Fenerbahçe Futbol AS as an independent member of the board.
Sina was voted “Internet Entrepreneur of the Year” and “Business Angel of the Year” in Turkey. Sina was also selected (2014 and 2015) in the Top 100 of the most influential technicians in Europe. In 2016, he was selected as one of the 100 Most Influential Technicians in the World (Wired Magazine). The Forbes Magazin selected him in 2019 as one of Turkey’s 100 Brightest Minds.
About IKAR Industries
IKAR Industries is a British investment group. The group is based in London, UK and focuses primarily on the technology, hospitality, real estate, security and safety, sports and entertainment, and energy sectors. .
IKAR is an entrepreneurial investment group, with a regional focus on the United States and North America, Europe and emerging markets. The group has representations in Amsterdam, Berlin, Boston, Istanbul, New York, Washington and Zurich
IKAR was founded by German businessman Mario Diel and corporate executive and retired US Navy Howard Beasey in 2019 in London, UK. The founder’s vision was to create a conglomerate of companies across a wide range of industries reflecting their own backgrounds and expertise, but strengthened by the power of a distinguished team of former politicians, government leaders, executives and entrepreneurs and their collective networks.