Paklaunch, a company that invests in startups in Pakistan and the GCC (Gulf Cooperation Council) region, has secured nearly $1 million in seed funding. The funding round was led by Disrupt.com, a venture builder, with contributions from Indus Valley Capital, early-stage advisor and investor Yousuf Khan, and angel investors from Google, Meta, and other cities including San Francisco, New York City, Toronto, Singapore, and Dubai.
Paklaunch plans to use the funds to develop a supportive ecosystem for startups in Pakistan and the GCC. The company will partner with Disrupt.com to expand its reach to key GCC countries, such as Saudi Arabia and the UAE. Paklaunch’s founder, Aly Fahd, said that the company aims to identify and nurture high-potential ventures outside traditional hubs.
This investment is a positive sign for the startup ecosystem in Pakistan and the GCC. It shows that there is investor interest in the region, and it could help to spur innovation and growth.