Paklaunch secures seed funding

KARACHI: Paklaunch successfully closed its seed funding round, a statement said. Disrupt.com, a renowned venture builder, led the round, with participation from Indus Valley Capital, a prominent early-stage VC fund, an early stage company advisor and investor Yousuf Khan, angel investors affiliated with Google and Meta, and others based out of San Francisco, New York City, Toronto, Singapore, and Dubai.

With this funding, Paklaunch seeks to create a flourishing ecosystem for regional startups in Pakistan and the GCC. Leveraging its investment expertise and global connections, along with Disrupt.com's entrepreneurial ethos, PL is extending its influence beyond Pakistan encompassing key GCC countries such as Saudi Arabia and the UAE.

"Our mission is to discover high-potential ventures beyond conventional hubs and support their growth. Uzair Gadit and Disrupt Group's distinctive expertise, combined with the experience of our other investors and partners will help turbocharge our mission. From experimenting with startup ideas to developing them into viable businesses, this partnership positions us ideally to support the growth of new ventures in Pakistan and beyond,” Aly Fahd, founder of Paklaunch, said in a statement.

The expanded partnership will build upon this success by extending its reach to the GCC and beyond, engaging with entrepreneurs and investors. By combining their expertise and passion, both entities aim to empower startups and turn innovative ideas into successful ventures.