Chief Executive Officer and Founder of Munca Technologies Inc, Emmanuel Ogana has entered into an agreement with PPI Tech Investments to support the launch and scale of Munca in September 2022. "After spending many years working on market research, talking to customers, and attempting to hack a minimum viable product it is exciting to finally get the app out there for customers looking for optimal ways to travel", Emmanuel mentioned surrounding the partnership.
PPI Tech Investments was founded by Gaurav Sharma an international angel investor and entrepreneur. Gaurav worked for a multinational software development company for 7 years before founding PPI Tech Investments. He developed expertise in Java, Android, and iPhone app development in both native and hybrid environments as a Senior Software Solution Architect. He consulted businesses on how to improve and re-engineer their software from the ground up. PPI Tech Investments focuses on seed and pre-seed companies to help them build the next iteration of their technology concept.
Through this mutual partnership PPI Tech Investments will cover around 85% of the total development costs and Emmanuel Ogana will cover the remaining costs associated with the development costs. "With just how complex Munca's technology stack can be it is exciting to get the necessary resources and the timing is perfect as we anticipate that the world will begin traveling again. At the time of this conversation, we are already witnessing the world reopening as the United States has fully opened their doors to vaccinated international travelers. This is the perfect time for Munca as our core customers will be looking for the optimal ride for work, school and leisure traveling more than they have in the past two years. This is an all around exciting time and we are looking forward to making meaningful contributions to the world of micro-transportation", Mr. Ogana remarked on the outlook for Munca in 2022.
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