WASHINGTON: Pakistan’s Ambassador to the United States Masood Khan informed a gathering of over thirty founders and chief executive officers (CEOs) of leading tech startup companies owned by Pakistani Americans that Pakistan is poised to become a tech hub in the South Asian region, local media reported on Saturday.
“The tech industry in Pakistan has experienced remarkable growth in recent years, with our IT products and services gaining traction in the United States and other developed countries,” stated the Pakistani envoy.
Pakistan Embassy in the US said that the meeting included representatives from companies such as Breshna.io, American Institute of Artificial Intelligence, Dingman Center Angels, Capitol Technology, SnappRetail, Accenture, Capital One, Beaj Education, Unboxx Technologies, ioSENTRIX, Nurse Next Door, Teach the World Foundation, Zigron, Gepeto, XtremeLabs LLC, among others.
“Pakistani tech startups are receiving support from leading US venture capitalists, and our tech-savvy youth is making its mark in the global market with their entrepreneurial skills,” Ambassador Khan emphasized.
He said that Pakistan has become an integral part of the tech ecosystem in the region and is on track to becoming the tech hub of the region soon.
Aly Fahad, CEO and Founder of Paklaunch (PL), also participated in the meeting. Fahad shared, “Paklaunch, established in 2020 with seven members, has now grown into a community of 350,000 members globally. The platform has assisted 90 startups and successfully raised over $90 million to support nascent entities.”
CEOs and founders of various companies present at the meeting also shared their experiences, expressing appreciation for the initiative to bring them together for networking and sharing insights.
Ambassador Masood Khan commended Paklaunch as a significant initiative to support budding entrepreneurs, praising Fahad as a trailblazer.
He also briefed the meeting on the critical role of the Special Investment Facilitation Council in promoting foreign investment, particularly in IT, agriculture, energy, and extractive industries.
—APP
