500 Global interested in supporting tech start-ups in Pakistan

500 Global is a renowned venture firm having more than $1.8 billion in assets under management. They focus primarily on markets where technology, innovation and capital are prominent and can “unlock long term value and drive economic growth”. 500 Global maintains an extensive portfolio including 33 companies valued at over $1 billion, and have recently expressed interest in making investment in Pakistan.

On Friday, a delegation of 500 Global, led by the Managing Partner, Courtney Powell, held a meeting with the senior management of Special Technology Zones Authority (STZA). During the meeting opportunities that may foster innovation and promote a technology-driven knowledge ecosystem in the Pakistani startup culture were discussed.

Mr. Hashimi, the Chairman of STZA, briefed 500 Global on the government’s efforts to promote investment in Special Technology Zones.

The delegation, during this visit will further meet start-ups, incubators and other stakeholders.