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Investments

Lumen Acquires Pakistani Founded Alkira for $475 Million 

Lumen Technologies will acquire cloud networking startup Alkira for $475 million in an all cash deal aimed at expanding cloud and artificial intelligence networking capabilities.
Ecosystem

National Idea Bank Hackathon Registration Deadline Set for May 30 

Applications for the National Idea Bank Hackathon will close on May 30, offering participants mentorship, networking, coaching and pre incubation opportunities.
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Traction

Ovais Tariq’s Tigris Data Secures $25 Million Series A to Challenge AWS, Google Cloud, and Microsoft Azure

Pakistani-origin entrepreneur Ovais Tariq, former head of cloud infrastructure at Uber, raises $25 million for Tigris Data to take on major cloud providers like AWS, Google Cloud, and Microsoft Azure.

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Investments

Lumen Acquires Pakistani Founded Alkira for $475 Million 

Lumen Technologies will acquire cloud networking startup Alkira for $475 million in an all cash deal aimed at expanding cloud and artificial intelligence networking capabilities.
Ecosystem

National Idea Bank Hackathon Registration Deadline Set for May 30 

Applications for the National Idea Bank Hackathon will close on May 30, offering participants mentorship, networking, coaching and pre incubation opportunities.
Fresh

SMEDA Highlights SME Cooperation and Trade Facilitation at D 8 Forum

SMEDA represented Pakistan at the 9th Meeting of D 8 SME Governmental Bodies, focusing on regional cooperation, trade facilitation and SME development initiatives.
Fresh

Angel Investor platform launched to connect Pakistani startups with investors and mentorship opportunities

Angel Investor, presented by SISI Al Kauthar University, aims to connect high potential startups in Pakistan with pre screened investors, mentorship access and long term business partnerships.