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National Incubation Center (or NIC), is a Pakistan-based startup incubation program under a public-private partnership with the Ministry of Information Technology and Telecommunication (MoTT), and other entities in Pakistan including the Ignite National Technology Fund.
Airlift introduced an online grocery service in Pakistan with the name of "Airlift Express" bringing $10 Million foreign investment. [8] Later in 2021, Airlift secured 85 million USD funding in Series B financing which was the largest raised by a startup in Pakistan, Middle East, and North Africa. The round was co-led by Buckley Ventures and 20 ...
Ignite National Technology Fund [2] or simply Ignite (formerly National ICT R&D Fund) is a non-profit company owned by the Government of Pakistan and administered by the Ministry of Information Technology and Telecommunication. [3]
West Indian cricket team in Pakistan in 2022; Killa Saifullah bus crash; 10 June – 2022-2023 Pakistan federal budget; 12 June – 2022 Karachi fire; 14 June – October - 2022 Pakistan floods; 17 June – Pakistan at the 2022 World Aquatics Championships; 21 June – June 2022 Afghanistan earthquake; 26 June – 2022 Sindh local government ...
This is a list of unicorn startup companies: In finance, a unicorn is a privately held startup company with a current valuation of US$1 billion or more. Notable lists of unicorn companies are maintained by The Wall Street Journal , [ 1 ] Fortune Magazine , [ 2 ] CNNMoney / CB Insights , [ 3 ] [ 4 ] TechCrunch , [ 5 ] PitchBook/Morningstar, [ 6 ...
2022 Pakistan floods in summer cause over $30 billion dollars in economic losses in Pakistan. [43] At the end of March 2022, the State Bank of Pakistan's reserves stood at $11.425bn, but they gradually tanked to an almost four-year low of $6.715bn on 2 December. Pakistan's foreign exchange reserves equal to just five weeks of merchandise ...
In 2012 he established Pakistan's first technology incubator, Plan 9, [20] with financial support from the government [21] and became known for introducing the startup culture to Pakistan. [14] During his tenure as Chairman of the PITB, he also established E-Rozgaar programme. [22] He also founded Pakistan's first start-up incubator, SCI. [23]
Initially, Yayvo grew to become second-largest e-commerce platform in Pakistan, and TCS Hazir showed early promise. [1] However, the strategy brought challenges. The recruitment of former bankers, who lacked logistics experience, contributed to a shift in company culture and operational issues. [1]