Pakistan may be Asia’s next big tech startup market, according to a report published by Germany’s Deutsche Welle on Wednesday. Quoting the same report, DW said that 720 startups have been created in the country since 2010 — 67 per cent of which are still operational. According to Hena, the growth in Karachi’s tech market is increasing by the day. According to DW, confidence in Pakistan’s tech market has led to an increase in the availability of local capital. “A few Pakistani tech startups have raised huge funding rounds at a time where our economy is just keeping its head above water,” he was quoted as saying.

Source: Pakistan Today January 30, 2020 15:56 UTC