Islamabad: Prime Minister Imran Khan on Friday welcomed the recent investment worth $85 million by the world’s leading Venture Capitals (VCs) in a Pakistani tech start-up, Airlift.
Taking to twitter, PM said that Pakistan has huge potential as the country was open for business.
“We welcome the recent investment of 85 million USD by leading VCs of the world in Airlift, a company led by young Pakistanis.”
He expressed the government’s commitment to create opportunities for foreign investors.
“My government is fully committed to creating opportunities,” he said.
We welcome the recent investment of 85 Million USD by leading VCs of the world in Airlift, a company led by young Pakistanis. Pakistan has huge potential and we are open for business. My govt is fully committed to creating opportunities.
— Imran Khan (@ImranKhanPTI) August 20, 2021
Airlift, a Lahore-based online shopping delivery service, has raised $85 million in Series B financing, the largest single private funding round in Pakistan’s history.
The financing is about twice the size of the largest private company IPO in the country’s history and the highest in the Middle East & North Africa region.
This is my new favorite laptop, but thanks to RAMageddon it already went up in price by $800
- 3 گھنٹے قبل
Twelve South’s stylish charging tray now delivers more wireless power with a smaller footprint
- 3 گھنٹے قبل
38 Palestinian students graduate with BDS Degrees under Alkhidmat Foundation Scholarship Programme
- ایک دن قبل
Midjourney bought the astrology app Co-Star
- 12 گھنٹے قبل
You don’t need to splurge on an expensive handheld fan to beat the heat
- 3 گھنٹے قبل
Pakistan announces first four-year Hajj policy, package per person
- 3 گھنٹے قبل
Marvel announces Ryan Gosling as Ghost Rider, a new Black Panther, and more
- 3 گھنٹے قبل
With smart glasses, Meta holds all the cards but fails to play them well
- 3 گھنٹے قبل
Xbox’s huge outage even blocked games on disc
- 3 گھنٹے قبل
US, Saudi forces strike 'Iran-aligned terrorists' in Iraq in retaliation for recent attacks
- ایک گھنٹہ قبل
Fresh monsoon spell to lash Pakistan until August 5; PMD warns of urban flooding, landslides
- ایک دن قبل
It’s not the left rising. It’s the center falling.
- 10 گھنٹے قبل
