{"id":3580,"date":"2023-12-19T12:08:37","date_gmt":"2023-12-19T12:08:37","guid":{"rendered":"https:\/\/dastakaccelerator.com\/?page_id=3580"},"modified":"2023-12-20T08:07:16","modified_gmt":"2023-12-20T08:07:16","slug":"pakistan-market","status":"publish","type":"page","link":"https:\/\/dastakaccelerator.com\/staging\/pakistan-market\/","title":{"rendered":"Pakistan market"},"content":{"rendered":"
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Pakistan market<\/strong><\/strong><\/h2>\n<\/div>\n\n
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\"pakistan\"<\/figure>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n
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The Definitive Guide to Entering the Pakistan Market<\/strong><\/strong><\/h2>\n\n\n

The tech landscape of Pakistan has seen many hurdles as well as unprecedented growth in recent years. COVID-19 and the complete transformation of the industry is one key factor that has led to tech innovation in the land. One of the leading factors to startups booming in Pakistan in recent years is a phenomenon called the \u201cCareem mafia\u201d, this is a phenomenon relating to the landing of Careem in Pakistan and then its acquisition by Uber. The success of Careem in Pakistan was a catalyst for change in the tech business and led to the start of the startup culture. <\/p>\n\n\n\n

The startup ecosystem of Pakistan has seen a rise in recent years, owing greatly to the Pakistan Startup Act and the government\u2019s initiative to establish several incubators. Another key factor that has made Pakistan a land ripe with possibilities is the 75 million dollar fund that the government has set up for entrepreneurs and small startups with the help of the State Bank of Pakistan. The government also facilitates women entrepreneurs specifically making it easier for women to enter the startup ecosystem of Pakistan. One of these initiatives is the Women Entrepreneurship Training Program (WETP) which aims to provide entrepreneurship, mentoring and training opportunities to women. The Punjab government\u2019s \u201cLadies Fund\u201d is also an initiative which provides interest-free loans to women.<\/p>\n\n\n\n

The tech sector, even if it is witnessing a boom, is still facing some problems, most prominently, a talent gap. The tech sector has a huge number of vacancies but very few people fit the criteria, this comes from a flawed education system. It is reported that around 64<\/a>% of Pakistan\u2019s population is below the age of 30 but the youth unemployment rate is as high as 8.5%. Despite these challenges, setting up a market in KSA can prove to be more fruitful than ever now, owing to the economic transformation of KSA under its Vision 2030 initiative. <\/p>\n\n\n

Dastak: Your Partner for a Seamless Business Expansion!<\/strong><\/strong><\/strong><\/h3>\n\n\n

Dastak is thrilled to play a role in this ecosystem by working with partner firms and helping them enter and expand into the Saudi market. <\/p>\n\n\n\n

To understand the market completely, a general overview of the  fintech ecosystem in Pakistan can be explained with the five pillars of the ecosystem: <\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n

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