{"id":7177,"date":"2024-08-24T04:56:30","date_gmt":"2024-08-24T04:56:30","guid":{"rendered":"https:\/\/gsrra.com\/?p=7177"},"modified":"2024-08-24T04:56:31","modified_gmt":"2024-08-24T04:56:31","slug":"telenor-velocity-and-invest2innovate-collaborate-to-transform-pakistans-startup-landscape","status":"publish","type":"post","link":"https:\/\/gsrra.com\/?p=7177","title":{"rendered":"Telenor Velocity and Invest2Innovate Collaborate to Transform Pakistan\u2019s Startup Landscape"},"content":{"rendered":"\n

Pakistan has a population of 250 million and constitutes 70% of youth under the age of 40. A nation full of talent and genius. A little support or initiative can result in mega achievements.<\/em><\/strong><\/p>\n\n\n\n

In a strategic move to bolster Pakistan\u2019s growing startup ecosystem, Telenor Velocity, Telenor Pakistan\u2019s premier startup accelerator, has forged a powerful alliance with Invest2Innovate (i2i). By combining Telenor Pakistan\u2019s market reach, technological infrastructure, and industry expertise with i2i\u2019s proven track record in nurturing entrepreneurs, this partnership aims to empower startups to scale rapidly and compete on a global stage.<\/p>\n\n\n\n

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Pakistan\u2019s youthful demographic, with 64% of the population under 30, presents an immense opportunity for innovation. With a population of nearly 240 million and 80% teledensity, the country boasts a vibrant startup ecosystem. However, despite this potential, 70% of startups face scaling challenges. In 2023, Pakistani startups secured $81.116 million in venture capital across 39 deals, highlighting a significant funding gap compared to regional counterparts.<\/p>\n\n\n\n

Telenor Pakistan and i2i are determined to address these challenges by creating a robust ecosystem that supports entrepreneurship at every stage. Through this collaboration, Telenor Pakistan will offer i2i\u2019s portfolio companies an array of invaluable resources. From tapping into Telenor Pakistan\u2019s vast customer base of 44 million to gaining access to cutting-edge technology platforms, startups will receive the support needed to transform their ideas into thriving businesses.<\/p>\n\n\n\n

Moreover, mentorship from seasoned industry experts, comprehensive branding and marketing assistance, data-driven insights, and technological development support will equip entrepreneurs with the tools to succeed.<\/p>\n\n\n\n

Areej Khan, Chief People Officer at Telenor Pakistan stated: \u201cPakistan is on the cusp of a digital revolution, and Telenor Pakistan is committed to being at its forefront. By joining forces with Invest2Innovate, we\u2019re not just supporting startups; we\u2019re investing in the future of our nation. Together, we\u2019re creating a fertile ground for innovation to flourish, empowering young entrepreneurs to turn their dreams into reality and compete on the global stage.\u201d<\/p>\n\n\n\n

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Sarah Munir, CEO of Invest2Innovate, added: \u201cWe are extremely excited to partner with Telenor Pakistan to empower the next generation of entrepreneurs. Community and collaboration are at the heart of this venture, and we are committed to providing our startups with an enabling environment and the support they require to succeed and grow.\u201d<\/p>\n\n\n\n

By combining their strengths, Telenor Pakistan and Invest2Innovate are poised to create a lasting impact on Pakistan\u2019s startup landscape, promoting a culture of entrepreneurship and driving economic growth. This strategic alliance underscores Telenor Pakistan\u2019s commitment to nurturing the startup ecosystem.<\/p>\n\n\n\n

Building upon the success of initiatives like the Startup Mentor\u2019s Network and the partnership with GSMA\u2019s Innovation Fund, Telenor Pakistan reaffirms its position as a catalyst for innovation in the country.<\/p>\n\n\n\n

Reference Link:- https:\/\/propakistani.pk\/2024\/08\/23\/telenor-velocity-and-invest2innovate-collaborate-to-transform-pakistans-startup-landscape\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Pakistan has a population of 250 million and constitutes 70% of youth under the age of 40. A nation full of talent and genius. A little support or initiative can result in mega achievements. In a strategic move to bolster Pakistan\u2019s growing startup ecosystem, Telenor Velocity, Telenor Pakistan\u2019s premier startup accelerator, has forged a powerful […]<\/p>\n","protected":false},"author":1,"featured_media":7180,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[2891,105,2889,1553,1826,36,2890,2400,1784,2888],"class_list":["post-7177","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sample-category","tag-advancement","tag-geopolitics-2","tag-i2i","tag-innovation","tag-modernization","tag-pakistan","tag-strat-ups","tag-talent","tag-technology-2","tag-telenor"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/7177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7177"}],"version-history":[{"count":1,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/7177\/revisions"}],"predecessor-version":[{"id":7181,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/7177\/revisions\/7181"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/media\/7180"}],"wp:attachment":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}