Federal Minister for IT and Telecommunication Syed Amin Ul Haque on Wednesday met with the different delegations of tech companies including Huawei, and successful startups on the sidelines of GITEX Global 2022 in Dubai.
Matters related to IT and telecommunication were discussed during the meetings, said a news release received here. Senior officers of the Ministry of IT were also present in the meetings.
Meanwhile, on the sidelines, Ignite and Huawei Pakistan signed an MoU intending to develop and expand a framework of cooperation between both organisations to strengthen relationships through talent development activities and startup programs.
Federal Minister for IT & Telecom, Syed Amin Ul Haque was the chief guest at the MoU signing ceremony. Federal Minister for IT also visited Ignite Pavillion and appreciated startups for participating in GITEX 2022.
Speaking on the occasion, Federal Minister for IT Syed Amin Ul Haque said that investment in Pakistani startups saw 30 per cent increase during the last four years. Ventures’ investment in Pakistani startups is the proof of trust in Pakistani policies, he added.
In another major development Orbit-ed, an Ignite-funded startup pitched their idea and moved to the next round, where the startup received an invite to meet with Oman Technology Fund (OTF) investment committee for the final approval. In yesterday’s OTF pitches, about 30 startups participated and pitched their ideas to the prestigious panel of jurors and investors.
It is pertinent to mention here that this year Ignite is displaying ten startups, in an exclusive pavilion at GITEX, including MyTM (Fintech), MapAlytics (AR/VR), XpertFlow (AI), Empowering People and Organizations (e-services), Asani.IO (CleanTech), InstaCare (HealthTech), Bryat (Ecommerce), Edversity(EdTech), WonderTree( AR/VR), and Orbit (EdTech).