Bakhtiar Hameed Wain
Founder at AVANCEON LIMITED
Net worth: 43 M $ as of 2024-05-30
Profile
Bakhtiar Hameed Wain is the founder of Avanceon Ltd., a company he founded in 1984 where he currently holds the title of Chief Executive Officer & Executive Director.
He is also currently involved in several other companies, including Octopus Digital Ltd.
where he serves as the Non-Executive Chairman since 2019, Innovative Pvt Ltd.
where he is a Director, I2C Pakistan Pvt Ltd.
where he is a Director, and EmpiricAI Pvt Ltd.
where he is a Non-Executive Director.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
AVANCEON LTD.
51.68% | 2022-12-30 | 214,502,435 ( 51.68% ) | 43 M $ | 2024-05-30 |
Bakhtiar Hameed Wain active positions
| Companies | Position | Start |
|---|---|---|
| AVANCEON LIMITED | Founder | 1983-12-31 |
| OCTOPUS DIGITAL LIMITED | Chairman | 2018-12-31 |
| Innovative Pvt Ltd. | Director/Board Member | - |
| I2C Pakistan Pvt Ltd. | Director/Board Member | - |
Empiricai Pvt Ltd.
 Empiricai Pvt Ltd. Data Processing ServicesTechnology Services Part of Avanceon Ltd., EmpiricAI Pvt Ltd. is a Pakistani company that provides self-service advanced analytics solutions for industrial plant professionals. The company is based in Karachi, Pakistan. The company's solutions are data-based tools and algorithmic models that enable engineers to rapidly investigate and share insights from their OT and IT data, addressing specific challenges and providing recommendations to make processes more efficient with an immediate ROI. The company was founded in 2017 by Zafaryab Ali Khan and Salman Chaudhary, with Salman Chaudhary serving as the CEO since then. EmpiricAI was acquired by Avanceon Ltd. from Dawood Hercules Corp. Ltd. on January 03, 2023 for $2 million. | Director/Board Member | - |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 2 |
|---|---|
| AVANCEON LIMITED | Electronic Technology |
| OCTOPUS DIGITAL LIMITED | Technology Services |
| Private companies | 3 |
|---|---|
| Innovative Pvt Ltd. | |
| I2C Pakistan Pvt Ltd. | |
Empiricai Pvt Ltd.
Empiricai Pvt Ltd. Data Processing ServicesTechnology Services Part of Avanceon Ltd., EmpiricAI Pvt Ltd. is a Pakistani company that provides self-service advanced analytics solutions for industrial plant professionals. The company is based in Karachi, Pakistan. The company's solutions are data-based tools and algorithmic models that enable engineers to rapidly investigate and share insights from their OT and IT data, addressing specific challenges and providing recommendations to make processes more efficient with an immediate ROI. The company was founded in 2017 by Zafaryab Ali Khan and Salman Chaudhary, with Salman Chaudhary serving as the CEO since then. EmpiricAI was acquired by Avanceon Ltd. from Dawood Hercules Corp. Ltd. on January 03, 2023 for $2 million. | Technology Services |
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