SWVL - tech startup will invest $25m in Pakistan.

a tech startup is all the rave these days not only because of its reliable and comfortable bus service, but all because SWVL has recently announced to invest a whopping $25 Million in Pakistan.

Such influx of investment will prove to be a beneficial opportunity for the Pakistani startups that are already finding it cumbersome to find willing investors for their entrepreneurial venture. SWVL comes as the silver lining on an otherwise gloomy clouds surrounding the Pakistani startup ecosystem.

Being a startup itself and with an aim to revolutionize the public transportation scene of the country, SWVL also believes in supporting startups and revolutionising Pakistani startup as is corroborated by an interview with SWVL's founder Mr Mostafa Khandil who said: 'We have plans of mobilising half a million Pakistanis by 2023 and creating 10K jobs a year. We are also planning to start an incubator to fund pre-seed startups to kickstart a healthy tech ecosystem in Pakistan. Moreover, the company plans to open an offshore support and engineering office in Pakistan.'

With the influx of job creation and...