Pakistani startups becoming a centre of investment attraction khaleejtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khaleejtimes.com Daily Mail and Mail on Sunday newspapers.
World
March 11, 2021
LONDON/SAN FRANCISCO: A Pakistani technology startup has raised $1.4 million funding in its seed round of investment so that it can enable Pakistani software engineers and developers to get international exposure.
RemoteBase finds, hires, trains and places Pakistani software engineers and developers in Silicon Valley companies. This investment by Pakistan-based Indus Valley Capital and US Billionaire Tim Draper in RemoteBase is considered to be a boost to Pakistan’s tech ecosystem since it reflects a growing trend of Pakistani tech startups raising millions of dollars.
Umar Saif, an MIT graduate who also worked in the Punjab government and also founded Plan9, a tech incubator that gave Pakistani startups exposure to investors in Silicon Valley, said: “I am super proud of Qasim and his team on the fundraise. Having seen him work in the past, I can see Remotebase playing a pivotal role in placing Pakistan on the global map. “As companies go remote, they