Adding to the report, Aatif Awan – a former bigwig at LinkedIn, venture capital stalwart, and founder of Indus Valley Capital, a leading venture capital fund that has funded Pakistan’s biggest startups such as Bazaar, Airlift, and RemoteBase, has predicted that Pakistan is all set to surpass Saudi Arabia in venture capital deployed within a year.
The MAGNiTT Pakistan Venture Investment report provides a comprehensive overview of Pakistan’s venture capital and funding investment space and a 5-year analysis of Pakistan’s venture funding evolution. Compared to the first quarter last year, Pakistani VC investment more than doubled in 2021, with Pakistan assuming the 4th spot in the EVM (Emerging Venture Markets) country ranking.
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