Babar Lakhani, the CEO of the Lakson Investment yesterday, posted an update on LinkedIn confirming that Lakson Investments has been announced and awarded as the first VC licence in Pakistan.

Lakson Investment is established in basis of private equity and venture capital. Last year the application was approved by Securities and Exchange Commission of Pakistan last year.

Lakson has been closely linked with Pakistan’s economy. It has played a vital role and has the best business managers across the country. Just like Lakson Investment Private Equity, LI PE, was established in the end if year 2014. The charge to handle the firm was given to the famous and efficient directors.

These people belonged to famous firms like Abraaj and Goldman Sachs. LI PE is not yet making investments. It is in the stage of the pre-launch but the day is not far when they start working on investments. According to the buzz the investments will start by the end of 2017.

Lakson Investments is also determined to start a venture capital branch under the title of Lakson Investments Venture Capital (LI VC) along LI PE.

LI VC intends to submerge the experience of local economy  and world business environment. LI VC plan to work in collaboration with the international investors. Thy aim to set great opportunity of success and flourishment.
Lakson Investments is established and backed by the successful Lakson Group.

The Lakson Group is a business group, headquartered in Karachi, Pakistan. Over the years the Lakson Group has established strong feet in Pakistan and it has been experiencing the Pakistan economy.

Further more it has employed more than 14,000 people in various fields  across the country . These employ people in the sectors such as Broadcast and Print Media (Express Media Group), Technology (CyberNet & Sybrid), QSR (McDonald’s Pakistan) FMCG (Colgate-Palmolive Pakistan), and Insurance.

The post Pakistan grants first Venture Capital firm license to Lakson Investments appeared first on Techlist.

The successful candidates will be informed about the next steps via email. You can team up into groups or pairs .For those selected startups that have to relocate to Karachi for the program, need to bear all expenses related to the relocation and working out of The Nest I/O.

This is not just two or three day event but an incubation program of four months. The program is to be held in Karachi. Before contacting the authorities you must know which program you are interested in. Nest I/O plans to give you two choices Internal Incubation Program (IIP) and External Incubation Program (EIP).

IIP is for early stage startups and requires a full time commitment at The Nest I/O. The IIP program individuals are also provided office space.

EIP is for startups that have already launched or are ready with their product – they work remotely with The Nest i/o out of their own respective office space. The admission into each of the program depends on the nature and stage of the startup and its viability.

Kindly note that the office is open only Monday to Saturday, 9 am to 6 pm. The Nest I/O only incubates products and not services.

The only thing you have to do is tell the authorities about your idea and yourself. The judges will judge you on the basis of uniqueness of the idea and what homework you have done about it. Another thing is product’s benefits or can it give enough business.

So girls and guys get going and register as soon as possible to avail the opportunity. As opportunity knocks once at the door maybe this is your time to open the door and welcome it.

About The Nest I/O

The Next i/o is a technology incubator launched by PASHA (Pakistan Software Houses Association) in early 2015 partnered with Samsung and Google, the financial support is being provided by US State.. The Incubator provides free office space and mentorship, while they are not taking any equity.

The post P@SHA’s Tech Incubator The Nest i/o 5th Cycle Open for Startups appeared first on Techlist.

Good news for all startups and people looking forward to join startup business. Aplos Innovations are hosting Startup Weekend along with Seed Ventures. Both the companies are bringing to you one of the largest and important entrepreneurial event. It is to be held in Karachi on 25th of November to 27th of November.

It is a three day event with total of 54 working hours. The event aims to guide people to plan their business in just few days. This is going to be a great help for all startups and people who are interested in business. It is also going to be one best platform for young people to know about flourishing their business. It is for all entrepreneurs who want to expand their business.

This is the initial stage of the Global Startup Battle so the winning team will also qualify to present their idea in the finale of the Global Opening night. Than the event is scheduled to have a Theme Dinner. There would be a guiding and working session after which a social night will be arranged.

The closing ceremony followed by another Theme Dinner The best thing about the event is you don’t need to be a experienced person to attend this event anyone can join this event by registering and paying a small fee. Even if you don’t have a really great idea for business you can team up with other participants and show what you have.

Once you register yourself you can attend the event, socialize with people, demonstrate your skills and enjoy. You can ask for the help from the staff and they will guide you as per your needs and ideas. So everyone register yourself as soon as possible.

The Startup Weekend has finally come to Pakistan. In the City of Lights make your name shine and avail the chance.

For registration form and queries visit the Startup Weekend Karachi by following this link.

Register for the Event

The post Get Ready For Startup Weekend Karachi appeared first on Techlist.