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Pakistani Startup RINSTRA, Valued at US $20 Million, Raising Series-A Funding of US $2 Million
Pakistan’s first digital platform for content creators receives valuation of US $20 million; has potential to become one of the fastest growing companies in the digital sphere from Pakistan. Islamabad, Pakistan, January 29, 2021 (PR.com) Pakistan, with more than 76 million internet users and almost 37 million active social media accounts, is one of the biggest opportunities of growth in the digital economy, especially when the total population of the country is more than 220 million people. With mobile internet rates providing maximum value to customers, as Pakistan remains one of the cheapest mobile broadband provider, Internet browsing has been the sole entertainment instrument for the masses. However, lack of indigenous platforms that can push native flavored content is one of the biggest missing links for the Pakistani content consumers.