Categories: News

Karandaaz & Planet N Group host workshop to outline challenges faced by startup ecosystem in Pakistan

Karandaaz Pakistan, in collaboration with Planet N Group of Companies and Lahore University of Management Sciences (LUMS), hosted a workshop on the “Challenges in the Startup Eco-system in Pakistan” to connect entrepreneurs with industry experts and exchange ideas to address those challenges.

The workshop covered the challenges faced by startup ecosystem and the impact of entrepreneurial advancements in Pakistan. The key discussion areas included Curriculum & Awareness, Company Law, Role of incubators/Accelerators and Exits & IPOs for which working groups were formed.

Mr. Nadeem Hussain, Founder Planet N Group, highlighted potential areas that need to be addressed for empowering entrepreneurial culture. Also, Planet N will publish a white paper which will provide solutions to the addressed challenges. Mr. Ali Sarfraz, CEO of Karandaaz Pakistan, said,

“Active collaboration and engagement between startups and ecosystem enablers, such as incubators, accelerators, and policymakers, is critical in order to develop a comprehensive understanding of the challenges faced by aspiring and existing entrepreneurs and developing creative solutions. We believe that this workshop organized by Karandaaz Pakistan in collaboration with Planet N and LUMS will inspire scalable programs to empower youth in the region,”

The workshop also included a presentation titled “Seeding Innovation Landscape: A Framework for Rooting FinTechs in Pakistan”.The opportunities and gaps that exist in the FinTech ecosystem in Pakistan and the future of digital financial services in the country were discussed in that presentation.

Karandaaz Pakistan, a not-for-profit company which promotes access to finance for small businesses and individuals by employing technology enabled digital solutions. The Company has financial support from leading international development finance institutions like Bill & Melinda Gates Foundation.

Established in 2015, Planet N Group is a platform for startups to collaborate and it provides financial and economic inclusion through technology. It has a diverse portfolio of startups across e-commerce, fintech, edutech, super food agriculture, retail and renewables.

Sponsored
Maheen Kanwal

Maheen Kanwal is a Tech Journalist at TechJuice. She covers the latest technological, telecom and business related, local & global news. (Reach at maheen@techjuice.pk)

Share
Published by
Maheen Kanwal

Recent Posts

Federal Govt Official Urges ‘Less’ Internet Use, Only for Important Matters

On Sunday, Syed Sajid Mehdi, Pakistan's Parliamentary Secretary for the Cabinet Division, proposed a solution…

11 mins ago

Federal Government Announces December 25 as Public Holiday

ISLAMABAD: The federal government has declared December 25, 2024, as a public holiday to mark…

14 mins ago

Samsung Terminates Employees Over Galaxy S25 Ultra Images Leak

An early setback occurred for Samsung's much anticipated Galaxy S25 series when unauthorized photographs of…

32 mins ago

NADRA Warns Against Excessive Photocopying of Sensitive Documents

ISLAMABAD: According to a public advisory from the National Database and Registration Authority (NADRA), Pakistani…

1 hour ago

Phase 2 of Honhar Scholarship Program Officially Launched

The Honhar Scholarship Program Phase II, inaugurated by Chief Minister Maryam Nawaz Sharif of Punjab,…

1 hour ago

Itel S25 Ultra Fails Durability Test, Raising Concerns

The Itel S25 series, known for its durability and affordability, recently faced scrutiny during a…

2 hours ago