Ignite National Technology Fund participates in ITCN Asia

KARACHI: Continuing with its tradition of supporting Pakistan’s startup ecosystem, Ignite National Technology Fund, a public sector company with Ministry of IT & Telecom, participated in this year’s ITCN Asia with 16 promising startups from its network of National Incubation Centers.

Ignite, as a driving force behind fostering innovation and entrepreneurship in Pakistan, exhibited an impressive lineup of 16 innovative start-ups that have demonstrated immense potential across various sectors. These start-ups have benefitted from Ignite's incubation and acceleration programs, receiving vital mentorship, access to resources, and networking support to fuel their growth.

The startups included DelSys/EzFuels (Transport/mobility, NIC Islamabad), EZShifa (HealthTech, NIC Karachi), Adrover by CARLteck (Robotics, NIC Quetta), Blink (Transportation/mobility, NIC Karachi), Kalam4Solutions (Agritech/aersospace, NICAT), NSIT (Aerospace, NICAT), Encoder Bytes (Artificial Intelligence, NIC Peshawar), Innovative Composite Engineering (Web, NIC Peshawar), Oval (Metaverse & Web3, NIC Karachi), Four Engineers (Aerospace, NICAT), SLOSH AI Solutions (Healthcare, NIC Islamabad), DecentrAI (AI/ML, NIC Hyderabad), PAMICO Technologies (Farm mechanization, NIC Faisalabad), The Enviro Solutions (Farm mechanization, NIC Islamabad), Indaraj (AR/VR, NIC Hyderabad), and Digital Cartel (AR/VR, NIC Hyderabad).

Asim Shahryar Husain, CEO Ignite, mentioned that Ignite is running the largest incubation network in Pakistan with incubation centers in eight different cities of Pakistan which have incubated close to 1400 startups over the last 5 to 6 years.

He said that Ignite is participating with sixteen startups at ITCN this year in different verticals including healthtech, robotics, transportation, agritech, aerospace, artificial intelligence, block chain, web3, fintech, and AR/VR. The goal is to showcase the entrepreneurial talent of Pakistan to both local and international visitors at the event to generate new leads and business opportunities for the startups.

Copyright Business Recorder, 2023