News

3 Pakistani startups beat 597 others from 44 countries to win big with a total Rs.146 million grant

The GSMA Innovation Fund for Mobile Internet Adoption and Digital Inclusion recently announced three Pakistani startups as winners out of the 597 applications received from 44 countries.

The winning Pakistani startups — Vceela, Knowledge Platform and Orenda Pakistan — will receive a total grant of £668,000 which amounts to Rs. 146 million.

Addressing the occasion virtually, GSMA Head of Asia Pacific Julian Gorman said digital technologies are set to transform the way people live and work in Pakistan.

“As we saw in the GSMA 2020 Digital Societies Report, which tracks the progress of 11 focus countries in Asia Pacific, Pakistan is advancing its societal, economic and digital ambition, as outlined in Digital Pakistan Vision,” Mr Gorman said.

“By 2023, the economic contribution of the mobile industry in Pakistan is expected to reach $24 billion, accounting for 6.6 percent of GDP.”, he predicted.

The Federal Minister for IT Syed Aminul Haq also addressed the occasion and appreciated the efforts of the Global System for Mobile Communications Association (GSMA) to transform telecommunication in Pakistan.

Source: DAWN

Read More: Pakistan’s mobile industry to contribute $24 billion by 2023: GSMA

Sponsored
Ahsan Zafeer

A digital marketing professional specializing in content-based functional areas - Ahsan Zafeer is driven by a never-ending passion for developing, nurturing, and strategizing key content aspects. He writes extensively on tech, digital marketing, SEO, cybersecurity, and emerging technologies. He also serves as a digital marketing strategist and freelance consultant for globally oriented organizations. He tweets @AhsanZafeer

Share
Published by
Ahsan Zafeer

Recent Posts

Garena Free Fire India Launch Rumors: What Fans Need to Know

Reports suggest that Garena Free Fire is set to make a much-anticipated return to India.…

6 hours ago

Albania Bans TikTok for One Year: Here’s the Reason!

The Albanian government has announced a ban on the social media platform TikTok for a…

10 hours ago

Google Pixel 9 Pro vs. 8 Pro: Biggest Upgrades Compared

The launch of Google’s latest Pixel lineup brings an exciting chance to compare the new…

11 hours ago

Azad Kashmir to Host Pakistan’s First Women-Centric Software Technology Park

ISLAMABAD: In February next year, Pakistan is set to launch its first women-focused software technology…

12 hours ago

HEC Reveals Law Admission Test Date for LLB Students

The Law Admission Test (LAT) has been announced by the Higher Education Commission (HEC) of…

13 hours ago

Meta’s WhatsApp to Release New Playback Speed Feature for Videos

Meta's WhatsApp is rolling out a new playback speed feature, allowing users to adjust video…

1 day ago