IHC announced on Tuesday that it has acquired a 70% majority stake in Peko Holdings Limited, a technology-focused company offering an integrated digital platform that simplifies and automates essential business operations.
Peko provides an all-in-one solution that enables businesses to manage key functions such as bill payments, payroll, invoicing, corporate cards, business travel, compliance, and other administrative workflows through a single, user-friendly interface. By bringing these services together, the platform helps companies improve efficiency, reduce complexity, and scale more effectively.
Built on a modular, platform-as-a-service model, Peko caters to SMEs and mid-sized businesses seeking to move away from fragmented legacy systems. Its subscription-based revenue model, strong customer retention, and scalable infrastructure position it as a critical digital backbone for modern, digital-first enterprises.
The acquisition supports IHC’s strategy of investing in high-potential, technology-enabled platforms with strong governance and long-term growth prospects. Peko is also embedding artificial intelligence across its platform, including an AI-powered assistant that automates tasks such as expense management, invoicing, forecasting, and administrative documentation.
IHC CEO Syed Basar Shueb said the investment reflects the group’s focus on scalable and future-ready platforms that solve real operational challenges and drive productivity. He highlighted Peko’s potential for regional and global expansion as AI adoption accelerates across enterprises.
Peko Founder and CEO Kashif Khan described the partnership as a major milestone, noting that IHC’s scale and strategic backing will help accelerate innovation, expand into new markets, and deliver greater value to SMEs worldwide.
The transaction follows several recent IHC investments, including Invictus Investment, Sammaan Capital, First Women Bank Limited, and Zelo, reinforcing its commitment to deploying capital into high-growth platforms across technology, financial services, and digital infrastructure.
