巴基斯坦科技的快速崛起

February 2026 1New Frontier ecosystems 2The rise of Pakistan tech Unicorn startupsare no longerconfined to a few 70+ cities in NewFrontierecosystems haveproduced at leastone $1B+ techcompany, a 10x New Frontiertech ecosystemsnow attract 11%of global venturecapital, up from This NewFrontier has acombined 1New Frontier ecosystems 2The rise of Pakistan tech over the past 20 years. Pakistan represents whatwe see across the New Frontier markets: strongfounders, accelerating ecosystem maturity and aclear gap between talent and capital. All the right ingredients are present. Withpersistence, strong local operators like inDrive,investment into the next line of startups and asupportive regulatory environment, markets like Arsen TomskyFounder and CEO of InDrive Pakistan has the foundations for an emerging tech ecosystem Smartphone adoption ●Around 68% of Pakistanʼs population owned a smartphone in 2023–24, while mobile broadband (3G/4G)coverage reached ~81% of the population. Only ~23–29% of people actively used mobile internet services.●Pakistan recorded ~190 million active mobile SIM connections in early 2025 (~75.2% of the population), whileinternet users are estimated at ~116 million (45.7% penetration), reflecting multiple SIM ownership and uneven Young worker based and demographics Pakistan has a very young population, with ~59% of the population aged 15–64 (working age) and a median age of~21–22 years, underscoring a large and growing potential labor pool.(Source: World Bank) GDP growth Real GDP growth rebounded to ~3.0% in FY2024–25, up from 2.6% in FY2023–24, signaling a gradual macroeconomicrecovery. Growth is projected at ~2.6–3.0% in FY2025–26.(Source: World Bank) Pakistanʼscombinedstartupecosystem valuenow exceeds 3.6x growthsince 2020signals strongmomentum,outpacing Indiaand leading tech Momentum iseven strongeramong VC-backed companieslaunched since 2015 havegrown 11.3x since 2020,outpacing the Bay Area, Pakistan has built a base of promising companies, including a fewbreakouts/scaleups/colts - but no $1B valuation/$100M revenue outcomes yet Selected Pakistani startups by stage Top sectorsinclude Fintech,Transportation, Indiaʼsecosystem wasalso small 10-15 Pakistan todaysits at a similarearly stage ofdevelopment Knowledgeabout startups is Most Pakistani founders start locally, but most capital is raised abroad Pakistanʼs women founders inparticular are a high-potential,undercapitalised segment Energy/Transportation:EV Charging High potential Zvolta helps business turn their location into scalable EV chargingpod by using our fully integrated hardware and charging platform. ●288 applications from Pakistan to the Aurora TechAwardin 2025 (out of ~3,400 globally), a high sharerelative to ecosystem size●Startups span EdTech, AI/ML, HealthTech, Energy &Sustainability, and Gaming, pointing to broad Female founder: Anusha ShahidLaunch year: 2025SDGs: Affordable & clean energy (#7), Climate action (#13) Saheli startup which helps women and healthcare providers solvemenstrual, fertility, and pregnancy health tracking challenges bydelivering personalized, AI-driven insights Limited capital access Female-founded startups are particularly undercapitalised,with the two Pakistani startups in the Auroraʼs top 100 both atpre-seed stage. Opportunity for small amounts of early capital Female founder: Saba NisarLaunch year: 2025SDGs: Health (#3), Gender Equality (#5) Pakistan remainslargelyunderfunded, Pakistan is an emergingecosystem, with clear pathways Whatʼs already in place-A growing base of VC-backed startups acrossmultiple sectors-15+ Breakout companies and 10+ Colts-Accumulating founder experience-Early international investor interest Whatʼs still missing-Capital, at all stages-Scaleups and big outcomes ($1Bvaluation/$100M revenue outcomes)-A self-sustaining ecosystem flywheel and repeatfounders Early entrants can play a disproportionately largerole, withpotential for outsized returns (exits, etc.)as the ecosystem grows inDrive has a structural advantage in frontier markets… … Where early operator-led entrants can play a central role, enabling foundersuccess beyond capital alone inDrive New Ventures Anoperator-led venture arm:capital but also platform distribution, infrastructure, and hands-on operational support. Pakistan serves as aproof point, leveraging inDriveʼs scale and deeplocal presence in a high-quality, up-and-coming founder marketconstrained by capital scarcity. Relative underfunding versus peer Operator-led investors act as critical enablers in frontier ecosystems,where platforms withdistribution, liquidity, and infrastructurecanaccelerate founder success beyond financial capital alone. Earlystrategic transactions, including Krave Mart, reinforce inDriveʼs Thisrepeatable frontier-market playbookpositions inDrive as agateway for frontier founders, including underrepresented and Conclusion 1.Pakistanʼs ecosystem is emerging and top startup outcomes ar