Pakistani startup valued at $ 20m An indigenous platform that can reinvigorate public interest in native flavored content

768
Zubair Qureshi
Islamabad

Pakistan’s first digital platform for content creators “Rinstra” is valued at US$20 million and has emerged as one of the most attractive initiatives in the MediaTech scene of the country.

According to a recent survey, Rinstra has the potential to become one of the fastest growing companies in the digital world from Pakistan. The survey further tells that Pakistan has more than 76 million internet users with and 37 million active social media accounts is one of the biggest opportunities of growth in the economy. With mobile internet rates giving maximum value to the customers has been the sole entertainment instrument for the masses. However, lack of indigenous platforms that can push native flavored content is one of the biggest missing links for Pakistani content creators.
While all other applications and platforms are offering simple streaming of the news and entertainment channels with a few offering videos on demand (VOD), RINSTRA went ahead and opened doors for Pakistani content creators. RINSTRA has not only became Pakistan’s first user generated platform, it also started commissioning content with not only the established names like Haseena Moin and, Mehreen Jabbar but also gave opportunities to young film makers to create content on diverse topics.

RINSTRA was floated as an idea at the DICE Foundation, USA’s annual meeting, where committed Pakistanis in North America and Europe felt the need to start a digital platform that can create opportunity for Pakistani storytellers to have Pakistan’s narrative in the global content stream.

Previous articleGold imports reduced by 52.17pc
Next articleInqilaab Group wins election of PARC