VC Firm 92Partners Launches in Pakistan
Newly created Venture Capital Firm, 92Partners, based out of Lahore, Dubai & California today announced the launch of its Pakistani Operations for Netpreneur’s, Socialpreneur’s & Inventrepreneur’s of the country. 92’s Ventures will have on-the-ground coverage of investment opportunities worldwide. In the U.S., 92Partners will have offices in California and in Dubai for Middle East & African markets.
“92Partners will share its global reach and expertise to serve as an accelerator for start-up companies that bring new, customer-focused ideas with crazy innovations & revenue generated ideas” said Anwer Gondal, CEO & Founding Partner of 92Partners and a member of the Strategy Committee of 92Partners comprises of industry experts in USA & in Middle East.
“We will target Inventors & Startups in Emerging Countries at all stages of growth that are strategically relevant and offer attractive returns with our fast 20-days funding programs. The fund advances our digital and customer strategy in Pakistan by connecting our people and our business with new technologies, new solutions, and new ways of thinking.”
“I am very excited to lead a team of strong, experienced professionals that will combine a global perspective with deep knowledge of the local ecosystems of the markets in which 92Partners operates,” said Mr.Gondal. He also explained that 92Partners currently accelerating three Startups in Pakistan, ready to be launched in coming months.
The fund’s Short-term & longer-term technology focus complements 92Partners major operating investments, across all entities, into research and digital development that transform how customers experiences.
Due to its global reach in different markets & backed by Industry veterans with relevant experience of many years, 92Partners will aim, through the fund, to provide start-up companies with capital, technical expertise and market access.
Within 1st month of its Pre-Launch, 92Partners has successfully accelerated seven start-ups in USA, Middle East and in Pakistan, ready to be launched soon. These Startups bring the latest technology & innovative ideas to the areas of Food, Customer Management, Traveling and Financial transactions.