Startups are the innovative ideas of our Youth and these are launched with great expectations to succeed and transform into Enterprises or Corporate Entities in The Long Run. Startups culture is being viral throughout the world including Pakistan. With the great success of Uber and Careem, the Youth graduates of Various Business Universities and IT Professionals pitch their Ideas and start their Entrepreneurial Journey. Pakistani Youth has great talent to be explored through devising a Youth Policy and Startup Ideas.
Funding Challenges :
The Startups need funding to cover their maintenance and recurring costs of Webhosting, Staffing and Marketing the Products and Services. Most of the Entrepreneurs start their Businesses on the solo flight which results in tough challenges if they run short of funds. Unfortunately, we have limited options in Pakistan for Venture Capital that makes the roadmap of Startups tougher and challenging. At present, we have very few Startup Funding resources which warrant that Government should take notice of such dearth and start Venture Capital or Fund to finance the Innovative Ideas of Pakistani Entrepreneurs. Former Government had announced to Set Up Venture Capital Fund for Startups but it was not launched due to unknown reasons. The Following List of Venture Capitals and Startups Incubators is very short and only available to selected high growth Startups of Pakistan.
StartUp Incubators & Venture Capital Firms in Pakistan
LUMS Center for Entrepreneurship (LCE) – The Foundation Fund
Address: LUMS Center for Entrepreneurship, 3rd Floor, Suleman Dawood School of Business, LUMS, DHA, Lahore, Pakistan 54792
The Lakson Group is one of Pakistan’s leading business conglomerates. The Lakson Group (“Lakson”) was established in 1954 and is one of the largest business groups in Pakistan. Today we manage and own companies that are industry leaders in their respective sectors including agri-business, call centres, consumer non-durables, fast food, financial services, media, paper and board, printing and packaging, surgical instruments, technology (data-networking, BPO and software) and travel.Phone: (021) 111-525-766
Shell LiveWIRE is a Royal Dutch Shell Social Investment Programme, which enables young people to start their own business and create employment.
PLAN9 TECHNOLOGY INCUBATOR
PLAN9 Fellowship Program.
Frontier Digital Ventures
Funding to accelerate the growth of amazing online classifieds businesses
Golden Gate Ventures
Address: 73B Duxton Road Singapore 089532
Phone: +65 6602 8050
The Northstar Group is a Singapore headquartered private equity firm managing more than US$2.0 billion in committed equity capital dedicated to investing in growth companies in Indonesia and to a lesser extent, other countries in Southeast Asia.
Northstar Advisors Pte. Ltd.
Address: 6 Battery Road Unit #35-05 Singapore 049909
Phone: +65 6533-3210
Fax: +65 6533-3211
We are a global institution investing in growth markets across Africa, Asia, Latin America, the Middle East and Turkey.
A Pakistan based Private Equity Firm, led by exemplary turnaround specialists who understand what it takes to grow businesses to the next level. IJARA is focused in supporting partner companies through their most difficult challenges.
Address: First Floor Federation House, Abdullah Shah Ghazi Road, Block 5 Clifton, Karachi 75600 Pakistan
Phone: +92 (21) 3582-2312
Techstars Ventures is the venture capital arm of Techstars
Invest2Innovate supports startup communities in growth markets and has been operating in Pakistan since 2011. They have an incubation centre and they also invest in selected companies. You can find more information on their site.
10xC provides seed funding, advice and shared services to entrepreneurs working on ideas or concepts towards validation of product/market fit. Whether you’re a new startup trying to get off the ground or an existing company in need of growth capital, 10xC has the means to support you. They offer up to 1M Rupees initial investment for the sake of 20% equity and incubation to the accepted startups.
National Incubation Center
NIC is supported by Government and Jazz with the help of Teamup. Support in raising capital from Angel investors locally and globally.
Indus Entrepreneurs (TiE) Islamabad Chapter
TiE runs numerous angel investment groups and funding forums throughout its network. They also host the Pakistan StartUp Cup.
Invested in: Sukoon.
Women’s Entrepreneurial Center of Resources, Education, Access, and Training for Economic Empowerment (WECREATE) Projects.
With a strong network of local and global investors associated with PlanX, we connect our startups with the best potential investors to help aid their growth.
Planet N provides a platform for prime growth to start-ups through collaboration and shared services.
Address: 1st Floor, Plot No. E-23, 2nd Zamzama Comm. Lane, Phase V, D.H.A., Karachi, Pakistan.
Phone: +92 21 3537 9106 – 8
Fax: +92 21 3581 0445
National ICT R&D Fund
This is the best place to get funding for your startups. National ICTRD provides big funds on zero equity to promote entrepreneurship. They have already Invested in More than 50 startups.
Address: 6th Floor, HBL Tower Jinnah Avenue, Blue Area, Islamabad, Pakistan
Phone: (+92 51) 921 5360 – (+92 51) 921 5361 – (+92 / 51) 921 5362 – (+92 / 51) 921 5363 – (+92 / 51) 921 5364
Dot Zero Ventures
Dot Zero ventures primarily invest in early-stage companies that have successfully demonstrated through pilots that their service, product or idea has mass appeal. Invested in: PerkUp, Sukoon and two others.
Address: 14th Floor, Dilkusha Forum, Karachi
Phone: +92 (021) 3455-6352
It is imperative that current PTI Government should set up Venture Capital Fund immediately to help improve the Startup Culture in Pakistan Since the Finance Minister Asad Omar has been the active Entrepreneur himself and remained the CEO of Engro Chemical limited and he must be quite aware that There is a Grave Need to set up Venture Capital Fund through SME Bank or microfinance Banks 0r Commercial Banks . The Startups Culture has a mushrooming growth in Pakistan with various Innovative Ideas taking birth as real Businesses through the Efforts of Youngpreneurs. With the Set up of Venture Capital Fund, The StartUps Growth will expand throughout Pakistan. It will ultimately boost the Youth Entrepreneurs Ideas and relieve them of financial Challenges.