The GSMA Innovation Fund for Mobile Internet Adoption and Digital Inclusion recently announced three Pakistani startups as winners out of the 597 applications received from 44 countries.
The winning Pakistani startups — Vceela, Knowledge Platform and Orenda Pakistan — will receive a total grant of £668,000 which amounts to Rs. 146 million.
Addressing the occasion virtually, GSMA Head of Asia Pacific Julian Gorman said digital technologies are set to transform the way people live and work in Pakistan.
“As we saw in the GSMA 2020 Digital Societies Report, which tracks the progress of 11 focus countries in Asia Pacific, Pakistan is advancing its societal, economic and digital ambition, as outlined in Digital Pakistan Vision,” Mr Gorman said.
“By 2023, the economic contribution of the mobile industry in Pakistan is expected to reach $24 billion, accounting for 6.6 percent of GDP.”, he predicted.
The Federal Minister for IT Syed Aminul Haq also addressed the occasion and appreciated the efforts of the Global System for Mobile Communications Association (GSMA) to transform telecommunication in Pakistan.