vastra shines at Iran’s Innovation-Financing Award
A standout presence by vastra at the inaugural Iran National Innovation & Technology Financing Award
At the inaugural Iran National Innovation & Technology Financing Award, held on 21 Mehr 1404 (October 12, 2025) at Qalam Hall of the National Library of Iran, vastra ranked among the top five venture capital (VC) firms, marking a strong showing among the event’s national leaders.
Standing alongside other subsidiaries of Pasargad Financial Group, vastra helped underscore the Group’s pioneering role in financing innovation across the country. In addition, the Pasargad Innovation Corporate Venture Capital (Pasargad CVC) a non-governmental research and technology fund was nominated in the CVC funds category, adding another honor for the broader vastra ecosystem.
In the Special Awards section, Dr. Majid Ghassemi, the esteemed CEO of Bank Pasargad, received the “Influential Figure in Innovation Financing” trophy a milestone in the history of this event.
The broad, coordinated presence of the Pasargad Financial Group with the active role of vastra and other subsidiaries once again showcased the Group’s leadership in creating synergy across Iran’s innovation ecosystem. The event underscored that sustainable growth of the innovation value chain is achievable only through the participation and investment of **knowledge-based financial institutions.
News link: Bank Pasargad website