Alfalah Investments (“AAML”), one of Pakistan’s top-rated asset management companies and LMKR, a leading global technology and innovation enabler, have announced a strategic partnership to launch an Angel Investment Fund (the “Fund”) — a national-scale financing platform designed to catalyze early-stage, tech-driven entrepreneurship in Pakistan.
Pakistan’s startup ecosystem has expanded rapidly in recent years, yet access to institutional capital remains a critical barrier. The Fund will operate as a Private Fund under SECP regulations, aggregating capital from angel investors into a single institutional vehicle, and providing founders with faster access to diversified, properly governed early-stage funding.
The initiative seeks to address key market gaps including fragmented angel networks, inconsistent deal documentation, small ticket sizes, and slow closure timelines that often hinder promising startups. The partnership aims to create a seamless journey for entrepreneurs, beginning with early-stage incubation and culminating in long-term venture growth.
The Fund will focus on supporting early and growth-stage companies that are building impactful solutions across sectors such as fintech, artificial intelligence, cloud services, health-tech, agri-tech, climate tech, e-commerce, and emerging technologies. By combining LMKR’s extensive experience across the National Incubation Centers with AAML’s strong governance and investment capabilities, the initiative seeks to strengthen the local startup ecosystem and reduce reliance on unstructured funding sources.
A dedicated Technical Assistance Desk under the Fund will provide advisory support on governance, financial systems, product-market fit and commercial partnerships, helping founders scale sustainably and secure follow-on rounds. This initiative marks a shift towards a coordinated and institution-backed model of venture creation in Pakistan. By embedding investment into the incubation pipeline, the partnership aims to improve startup success rates, attract local and international investors, and drive economic outcomes through job creation, technology adoption, and new market opportunities.
Speaking about the partnership, CEO Alfalah Investments – Mr. Khaldoon Bin Latif, stated:
“Our mission at Alfalah Investments is to transform lives through impactful and innovative investment solutions. By institutionalizing the angel network with a robust governance and compliance layer, we are enabling faster deployment of capital into the entrepreneurs shaping Pakistan’s economic future.”
Mr. Atif Rais Khan, Chairman and Group CEO LMKR, added:
“LMKR has spent years building Pakistan’s largest tech incubation footprint, working closely with startups, investors, and industry partners. Through this work, we’ve seen firsthand that talent is abundant, but founders often lack timely capital and strategic backing at critical stages of their journey. This fund creates a vital bridge between innovation and investment, allowing startups to move confidently from early validation to readiness and scalable growth. Our collaboration with Alfalah Investments marks a defining moment for the ecosystem and sets the foundation for a stronger, more competitive future for Pakistani startups.”
This partnership signals a shift toward a more coordinated, institution-backed venture model in Pakistan — one that embeds investment into the incubation pipeline and provides founders with both financial and strategic support. Additional details on the fund’s structure, governance, and launch timeline will be announced soon.
