500 Global wants to invest in Pakistani tech startups

The international firm 500 Global will provide funds, support and mentorship to the country’s promising tech startups.

The leading international venture capital firm named 500 Global has expressed keen to invest in making investment in Pakistan by providing funds, support and mentorship to the country’s promising tech startups.

The investment interest was shared by the delegation of 500 Global that held a meeting with the senior management of Special Technology Zones Authority (STZA). The delegation is visiting Pakistan and is led by its Managing Partner Courtney Powell.

The team from STZA also briefed 500 Global about the technology zones created by Pakistani government with an aim to attract foreign direct investment, allow technology transfer, boost technology exports, prioritise research and development, and foster job creation for Pakistani youth.