A new report from the Ministry of IT and Telecom shows that IT exports reached a record high, raising fresh questions about how quickly the sector can scale.
Government officials welcomed the development. A spokesperson for the Ministry of IT and Telecom said the initiative "aligns with the national digital agenda" and promised faster approvals for similar projects.
Investors remain cautiously optimistic. Total venture funding into Pakistani startups reached $45 million in Q3 2026, the strongest quarter since 2020.
Background
Universities are responding too. GIKI has added new courses in logistics, and enrolment in computer science programmes rose 8% this year.
"The talent is here. What has been missing is patient capital and predictable policy."
Ahmed Raza, chief executive at Abhi
Analysts at 10Pearls estimate that the addressable market could be worth $25 million by 2027, driven by a young population and rising smartphone ownership.
Winners and losers
Security experts have urged users to enable two-factor authentication and to update their apps promptly, noting that attackers increasingly target mobile-first markets.
Key points
- Partnership with IBA Karachi to train local engineers
- Competitors including Jazz are expected to respond within months
- Roughly 500 jobs expected over the next two years
- Funding round values the company at about $12 million
Employees will be offered training through a partnership with FAST-NUCES, the company said, with a focus on cloud engineering, data analysis and product management.
Still, questions remain about long-term sustainability. Margins in the gaming business are thin, and customer acquisition costs have risen sharply since 2019.
Reporting by the WritePures newsroom. Have a tip? Contact our editors.
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