US Fund Commits $10m to Pakistani Startups

US fund commits $10m to Pakistani startups

A US tech fund has committed $10 million to two Pakistani IT entrepreneurs and IT experts have praised this move as it looks promising for the future. Tech analyst and expert Muhammad Yasir said that Pakistani IT firms are penetrating different traditional and non-traditional markets with their innovative products and services, which is a positive sign. Attracting investments from US-based companies will not only boost business growth and expans…

US Tech Fund Commits $10 Million to 2 Pakistani IT Entrepreneurs

KARACHI: Pakistan’s two IT entrepreneurs—Mehwish Salman Ali and Malik Mudassir—will receive funding of $10 million from the USA-based JR Dallas Tech Fund, the premier private investment arm of JR Dallas Wealth Management, to spearhead an exclusive U.S.-focused startup investment initiative. Under this landmark agreement, Mehwish Salman Ali and Malik Mudassir will receive $10 million in dedicated capital to identify, evaluate, and invest in high-…

US fund taps Pakistani tech duo with $10mn to lead startup investment initiative

The JR Dallas Tech Fund has announced $10 million investment to Pakistani technology leaders Mehwish Salman Ali and...