IdeaGist to invest $100 million in Government’s Startup Incubator

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IdeaGist to invest $100 million in Government’s Startup Incubator

World’s largest incubator, IdeaGist has announced to increase its investment in Pakistan’s Governmental initiative for Entrepreneurship and Innovation from $55 million to $100 million. The original investment was targeted in the Technology sector while an additional $45 million will be dedicated for incubation and acceleration of new ventures in emerging technologies.

Ideagist is one of the world’s biggest digital incubator and supporter of the prime minister’s ­start-up initiative. IdeaGist is expected to set up around 600 incubators and accelerators throughout the country. Ideagist’s initiatives are dedicated in the field of artificial intelligence, 3D printing, smart robots, intelligent vehicles, blockchain, augmented reality and internet of things.

Ideagist is led by Hassan Syed who has vast Technology experience and is based in USA.

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