SOSV Backs Five More Startups in Pakistan as Internet Usage Rise
11/12/2023 23:27
Venture capital firm SOSV’s unit has backed five more startups in Pakistan as the number of internet users in the world’s fifth most populous nation rise.
Venture capital firm SOSV’s unit has backed five more startups in Pakistan as the number of internet users in the world’s fifth most populous nation rise.
The startups — Truckistan, BusCaro, Metamorph, Umrah Companions, and MedIQ Smart Healthcare — received $180,000 each with further allocations for follow-on investment from Orbit Startups, William Bao Bean, Managing Director of the firm said in an interview in Karachi. Orbit Startups is SOSV’s program for startups in emerging and frontier markets, information available on its website shows.