Category: Technology

ISLAMABAD: Prime Minister Youth Affairs Programme (PMYAP) has planned to launch ‘Start-up Pakistan Programme’ under ‘Kamyab Jawan Programme’ engage 100,000 students to learn new technologies. According to an official source, the objective of the said programme was to train one million students from different universities and technical colleges across the country. He said that the programme would provide support to all universities and vocational training centres in developing capacity in…

TelloTalk, Pakistan’s first homegrown and locally hosted messaging platform, has raised $1.6 million in funding from a consortium of international and domestic investors, a press release issued by the company on Wednesday said. The round of funding, known as the ‘Seed Round’, included global venture funds ALM Holdings (UAE), SparkLabs FinTech (Asia), One Market Capital (USA) and Cocoon Ignite Ventures (Hong Kong), besides local institutional investors TPL eVentures, and i2i…

Islamabad: Egyptian bus transportation network company Swvl plans to invest $25 million in Pakistan in the next 18 months and create more than 10,000 jobs, the Pakistan general manager of the ride-hailing app told Arab News on Tuesday. Swvl, founded in 2017 by Mostafa Kandil, operates in more than five countries, running buses along fixed routes and allowing customers to reserve and pay for rides using an app. Rates are…

021Disrupt, Pakistan’s premier technology and entrepreneurship conference by The Nest I/O begins today in Karachi at the Pearl Continental. Into its third year, the two-day conference aims to stir conversations that strengthen the Pakistani ecosystem by hosting 1000+ disruptors, who are entrepreneurs, investors, influencers, mentors, and professionals. This year’s edition will be hosting: 65+ speakers from 20 diverse industry sectors, 4 panel discussions with 24 experts on mobility, investment, influence, and…

AI Summit 2019, an initiative of 10Pearls, aims to celebrate the progress of AI in Pakistan. The Summit’s inaugural ceremony was held at 10Pearls Karachi, and was attended by leading tech enterprises, start-ups and students. 10Pearls, an end-to-end digital services company, launched AI Summit 2019, a pioneering conference and expo to facilitate the growth of AI in Pakistan. The inaugural ceremony of which was held on August 24, 2019 at…

KARACHI: Bykea, the ride-hailing app developed completely in Pakistan, has completed its first round of investment and bagged $5.7 million. Venture capital fund Sarmayacar and institutional investors from Vietnam, Singapore and the Middle East invested in the local transport platform, said Bykea Founder and CEO Muneeb Maayr at a press conference at the National Incubation Centre (NIC) Karachi on Tuesday. He informed the media that Pakistan had 17 million bikes on…