Pakistani data center and digital infrastructure company Quantum Global Data Center (QGDC) has signed an agreement with Huawei Pakistan to build the country’s largest Tier III data center, the company said on Friday. Pakistan has been rapidly advancing its digital infrastructure by launching local AI clouds and quantum-encrypted facilities to become a regional data hub […]
venture
How Venture Capital Learned to Survive Pakistan’s Fragile Economy
In 2021, money seemed to fall from the sky. Pakistani startups raised a record $347 million across 82 deals, with the grocery-delivery company Airlift alone pulling in an $85 million round – at the time the largest in the country’s history. The mood was euphoric. Incubators multiplied, co-working spaces filled up, and a generation of […]
Finmin reviews key issues with telecom, venture capital firms
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Friday, held a meeting with a delegation comprising telecommunication infrastructure companies (TOWERCO Pakistan) and Venture Capital Firms (VCs) to discuss and review key sectoral issues, with a particular focus on taxation, investment climate, and growth prospects. The visiting delegation represented a broad spectrum of stakeholders, […]