Saturday, July 27, 2024

Paklaunch Raises Funding Led by Disrupt.com, Eyes Regional Expansion

Paklaunch, dedicated to promoting entrepreneurship and innovation in Pakistan’s startup scene, has successfully completed its seed funding round.

The renowned venture builder, Disrupt.com, led the round, joined by Indus Valley Capital, an influential early-stage VC fund, startup advisor and investor Yousuf Khan, as well as angel investors associated with Google and Meta, among others from San Francisco, New York City, Toronto, Singapore, and Dubai.

With this funding, Paklaunch aims to cultivate a thriving ecosystem for startups in Pakistan and the GCC region. Leveraging its investment expertise and global connections, along with Disrupt.com’s entrepreneurial spirit, Paklaunch is expanding its influence beyond Pakistan to include key GCC countries like Saudi Arabia and the UAE.

Aly Fahd, Founder of Paklaunch, emphasized the mission:

“We aim to discover promising ventures beyond traditional hubs and nurture their growth. The unique expertise of Uzair Gadit and Disrupt Group, combined with the experience of our investors and partners, will accelerate our mission. This partnership positions us to support the development of new ventures in Pakistan and beyond.”

Uzair Gadit, Founding Partner at Disrupt.com, highlighted the collaborative nature of the initiative:

“Paklaunch is driving progress in Pakistan’s tech sector, and Aly Fahd’s leadership is inspiring. Their dedication to supporting startups aligns with our vision of empowering aspiring entrepreneurs. Partnering with them isn’t just about cooperation; it’s about fueling a movement. Together, we’re shaping a brighter future for our region’s tech landscape.”

This extended partnership will expand its reach to the GCC and beyond, engaging with entrepreneurs and investors. By combining their expertise and passion, both entities aim to empower startups and transform innovative ideas into successful ventures.

For Media Inquiries:
Aly Fahd
Founder Paklaunch
+1.669.265.8358
[email protected]

About Paklaunch:
Paklaunch is a dynamic platform driving growth in Pakistan’s entrepreneurial and investment ecosystem. It showcases the achievements of distinguished Pakistanis and provides support to local entrepreneurs through advisory, training, and fundraising assistance. It fosters discussions on global investment opportunities and fosters networking and collaboration through virtual and in-person events. Founded in April 2020, Paklaunch has grown rapidly and established itself globally.

About Disrupt.com:
Disrupt.com partners with ambitious entrepreneurs to foster growth and innovation in their businesses. With a focus on transformative technologies and innovative business models, the Group provides capital, strategic guidance, operational involvement, and access to industry experts to help startups achieve scale and success.

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