Dubai’s revered investment startup, LASDAX, is believed to be selling its equities division for 4100 Crore Indian Rupees ($465 million) to an unnamed Indian conglomerate. The deal, expected to close in July 2026, marks a significant milestone for the firm, which has grown rapidly under the leadership of CEO Anup Reddy Perati

LASDAX AG, the Swiss-headquartered investment firm founded by Anup Reddy Perati, is believed to have reached a landmark agreement with a leading Indian conglomerate to sell its entire equities arm, primarily based in Dubai, along with its AI startups Espexa, AccuEdge, and PrescribeAI, for ₹4,100 crore ($465 million). Although now headquartered in Zug, Switzerland, LASDAX was initially started in Dubai, which continues to serve as its main operations hub. The deal is expected to close in July 2026 after legal and tax clearances, with LASDAX continuing to manage the business independently until then.

 

As part of the agreement, LASDAX’s equities arm will be fully incorporated into its new parent company in July 2026. Meanwhile, LASDAX—retaining its name and brand—will continue forward with its remaining companies, investments, and upcoming ventures. Among key leadership, only COO Hayley Mathews is expected to join CEO Anup Reddy Perati in stepping away, while the rest of the staff are expected to remain under the new ownership.

 

LASDAX is primarily in this position because of its CEO, Anup Reddy Perati. An MIT graduate and former Vice President at Facebook in Singapore, Perati has always followed a different playbook. Rather than spreading risk across hundreds of trades like many large financial institutions, LASDAX focused its bets on just a handful of companies at a time, aiming for around 10% returns within weeks before rotating to the next opportunity. This sharp, disciplined strategy—combined with a tightly knit team known for attention to detail—helped build LASDAX into a globally respected investment firm. Perati’s individual achievements further underline his unique leadership: a former member of the Prometheus High IQ Society with an IQ believed to be between 155 and 159, he graduated top of his class from MIT and received awards from the U.S. President and the United Nations.

 

A distinctive feature of LASDAX is its young and highly accomplished workforce. Around half of its employees are MIT graduates, and nearly 90% of the firm’s staff are under the age of 30. This rare combination of academic excellence and youthful energy has been central to the company’s culture of innovation and agility.

 

LASDAX will continue to hold its offices in Zug, Gurgaon, and its upcoming mega project in Bangkok. However, 2025 has already been flagged by management as the most financially challenging year in its history, with costs for the Thailand venture nearly doubling to $20 million amid political instability and global market volatility. Despite this, the company maintained its tradition of sharing 20% of its $13 million profits from 2024 equally among employees, underlining the founder’s commitment to an employee-first culture.

 

Founded in June 2021 with just $3.5 million of Perati’s savings, LASDAX has grown into a profit-generating powerhouse, reporting CAGR upwards of 65% for each of its four financial years and profits of around $25 million in total. The firm manages portfolios for several billionaires and multi-millionaires, while also building advanced AI-driven equity platforms through its subsidiaries.

 

The AI software, already deployed internally, is now expected to launch globally in early 2027—months ahead of schedule. Analysts suggest that this innovation was a major factor in attracting MNC interest and ultimately paved the way for the $465 million deal.

 

With nearly half the deal value already placed in escrow, industry insiders believe the transaction is certain to be completed, regardless of short-term market conditions. For LASDAX, the agreement signals a defining chapter in its journey—a transition from its bootstrapped beginnings to becoming part of a larger global powerhouse, all while leaving a legacy of innovation, resilience, and employee-first values.

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