NIC Karachi Marks 5 Years of Empowering Pakistani Startups

The anniversary event highlighted the startup community at NIC Karachi's impressive development and accomplishments.

Press Release
2 Min Read
NIC Karachi Marks 5 Years of Empowering Pakistani Startups

The largest tech incubator in Pakistan, NIC Karachi, recently celebrated its fifth birthday with great fervour. The gathering of business leaders, entrepreneurs, and stakeholders highlighted the important role that NIC Karachi has played since its founding in 2018 in supporting innovation and developing entrepreneurial talent in Pakistan.

The anniversary event highlighted the startup community at NIC Karachi’s impressive development and accomplishments. The extraordinary contributions, difficulties, and accomplishments of the companies housed at NIC Karachi were discussed on a panel with eminent members of the entrepreneurial scene. The event also featured an awards ceremony to recognise the creative solutions and industry-changing effects of these firms.

Atif Rais Khan, CEO of LMKT, expressed satisfaction with the part that NIC Karachi has played in Pakistan’s thriving startup environment over the past five years. The NIC Karachi’s project director, Faizan Laghari, emphasised the organization’s dedication to supporting entrepreneurs and fostering an atmosphere that promotes innovation and growth while expressing hope for the future.

The occasion provided a forum for entrepreneurs, ecosystem builders, investors, and mentors to network, interact, and recognise the accomplishments of the Pakistani startup scene. During the enjoyable dinner and networking event, attendees made helpful connections for future partnerships.

Industry sectors represented in NIC Karachi’s diversified portfolio include HealthTech, AgriTech, FinTech, EdTech, Big Data, and AI. With a presence around the globe in Turkey, Africa, and the UK, NIC Karachi has emerged as a top choice for forward-thinking businesspeople. Over 97,000 jobs have been created by the incubator’s entrepreneurs, who have received remarkable investments totaling Rs. 7.6 billion and earned Rs. 5.2 billion in income. In order to promote startup growth and propel socio-economic development in Pakistan, NIC Karachi continues to offer cutting-edge facilities, mentorship, business support services, and a dynamic environment.

As it begins the next phase of its journey, NIC Karachi is still dedicated to supporting Pakistan’s startup ecosystem and developing entrepreneurs there.

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