KARACHI — Pakistan’s Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met with a delegation from global venture capital firm Gobi Partners to discuss the proposed launch of a $50 million technology investment fund aimed at supporting Pakistan’s startup ecosystem.
The proposed fund, Techxila Fund II, is expected to focus on high-growth sectors including fintech, e-commerce, logistics, supply chain, health technology, and software services. Gobi Partners, a Malaysia-based venture capital firm managing over $1.6 billion in assets and investments across Asia, indicated plans to anchor the fund with its own capital while attracting participation from domestic and international institutional investors.
During the meeting, the delegation highlighted Gobi’s existing investments in Pakistan through Techxila Fund I, launched in 2020, which has supported startups in digital infrastructure and technology-driven sectors. Discussions also covered strengthening Pakistan’s venture capital framework, including encouraging participation from local financial institutions and exploring policy measures to facilitate investor involvement.
The finance minister reaffirmed the government’s commitment to expanding the venture capital landscape as part of a broader strategy to promote private sector-led growth, deepen financial markets, and drive technology-led economic diversification. The engagement comes as Pakistan seeks to attract increased foreign investment and support innovation-driven economic development.
