KARACHI: June 6, 2025 — JR Dallas Tech Fund, the premier private investment arm of JR Dallas Wealth Management, announced a groundbreaking $10 million commitment to globally recognized technology leaders Mehwish Salman Ali and Malik Mudassir to spearhead an exclusive U.S.-focused startup investment initiative.
Transformative $10 Million Investment Empowers Global Tech Leaders
Under this landmark agreement, Mehwish Salman Ali and Malik Mudassir will receive $10 million in dedicated capital to identify, evaluate, and invest in high-potential startups planning to scale operations in the United States. The duo will serve as lead investment partners with full authority to deploy capital across artificial intelligence, cloud computing, digital health, and frontier technology ventures.
“We are entrusting $10 million to two of the most visionary technology leaders of our generation,” said Jehangir A. Raja, Managing Partner at JR Dallas Tech Fund. “Mehwish and Malik represent the perfect combination of technical expertise, entrepreneurial success, and strategic vision needed to identify the next generation of game-changing startups ready to conquer the American market.”
Driving U.S. Economic Growth Through Strategic Investment
This $10 million commitment specifically targets startups with proven capabilities seeking to establish or expand operations within the United States, creating a direct pathway for international innovation to contribute to American economic growth.
Economic Impact Projections:
- Direct Job Creation: Portfolio companies expected to generate 300-500 high-skilled technology positions within 24 months
- Regional Development: Strengthening Texas as a hub for international tech talent entering the U.S. market
- Innovation Catalyst: Accelerating breakthrough technologies in AI, healthcare, and cloud infrastructure
- Revenue Generation: Portfolio companies projected to contribute $50-100 million in U.S. economic activity within three years
Meet the $10 Million Fund Leaders
Mehwish Salman Ali brings unparalleled expertise as Founder & CEO of Data Vault, Pakistan’s first solar-powered and quantum-encrypted AI data center, Co-Founder of Zahanat AI, the country’s first indigenous GPT model, and COO of AppsGenii Technologies. As a TEDx speaker and Forbes Technology Council member, Mehwish’s track record in AI innovation, cybersecurity, and operational excellence makes her uniquely qualified to identify transformative technologies ready for U.S. market expansion.
Malik Mudassir commands respect as Founder & CEO of AppsGenii Technologies, operating across the U.S., UK, and Pakistan, and Co-Founder of multiple successful ventures including GharPar, BoxesGen, and Dental Connect. His role as Central Executive Committee Member at P@SHA and proven ability to scale technology companies internationally positions him perfectly to guide startups through U.S. market entry.
Investment Strategy: Bridging Global Innovation with American Opportunity
The $10 million fund operates under a rigorous investment framework designed to maximize both financial returns and economic impact:
Target Investment Range: $250,000 to $1.5 million per startup
Focus Sectors: AI/Machine Learning, Cloud Infrastructure, Digital Health, Quantum Computing, Cybersecurity
Geographic Priority: Startups planning U.S. headquarters or significant American operations
Portfolio Size: 15-20 carefully selected companies over 24 months
Mehwish Salman Ali and Malik Mudassir: A Powerhouse Partnership
“Receiving this $10 million commitment from JR Dallas Tech Fund represents more than capital it’s a mandate to bridge the gap between global innovation and American market opportunity,” said Mehwish Salman Ali. “We’re committed to identifying startups that not only promise exceptional returns but also contribute meaningfully to U.S. technological leadership.”
Malik Mudassir added, “This $10 million investment enables us to support visionary entrepreneurs who understand that scaling in America requires more than great technology it demands deep market insight, operational excellence, and strategic partnership. We’re here to provide all three.”
About JR Dallas Tech Fund and Jehangir A. Raja
Jehangir A. Raja, the visionary Managing Partner behind this transformative $10 million commitment, brings distinguished Wall Street expertise and institutional investment leadership to JR Dallas Tech Fund. As a seasoned financial markets veteran, Raja has successfully managed multibillion-dollar portfolios and pioneered innovative investment strategies that bridge traditional finance with emerging technology opportunities.
Under Raja’s strategic leadership, JR Dallas Tech Fund has evolved from a traditional wealth management firm into a dynamic investment platform capable of identifying and capitalizing on transformative market opportunities. His decision to entrust $10 million to Mehwish Salman Ali and Malik Mudassir reflects his unique ability to recognize exceptional talent and emerging market trends before they become mainstream.
“Successful investing today requires more than capital it demands vision, expertise, and the courage to back transformative leaders,” said Jehangir A. Raja. “Mehwish and Malik represent the future of technology entrepreneurship, and this $10 million investment reflects our confidence in their ability to identify and scale the next generation of market-defining companies.”
JR Dallas Tech Fund, a division of JR Dallas Wealth Management, manages institutional-grade investment strategies with a proven track record in multibillion-dollar portfolio management. Specializing in private credit, venture capital, and transformative technology investments, JR Dallas Tech Fund identifies opportunities where capital deployment creates measurable economic impact alongside superior financial returns.
About the Investment Leaders
Mehwish Salman Ali stands as a pioneering force in AI and quantum computing, leading Data Vault’s revolutionary approach to sustainable, secure data infrastructure while serving as COO of AppsGenii Technologies. Her recognition as a Forbes Technology Council member and global advocate for inclusive digital transformation reflects her unique ability to identify technologies with transformative potential.
Malik Mudassir brings a distinguished track record of building and scaling technology companies across continents. His leadership at AppsGenii Technologies and multiple successful ventures demonstrates the operational expertise essential for guiding startups through complex U.S. market entry challenges.
