Telenor Velocity Partners with GSMA Innovation Fund to Empower Pakistani Startups

In a groundbreaking move set to transform the telecom landscape in Pakistan,Telenor Velocityhas announced a strategic partnership withGSMA’s Innovation Fund. This collaboration is not just a convergence of two industry giants but a monumental step towards fueling economic growth in the country. By leveraging Telenor’s extensive market penetration and GSMA’s global expertise, the partnership aims to create a robust launchpad for Pakistan’s burgeoning startup ecosystem. This initiative is poised to provide startups with an array of vital tools and support mechanisms crucial for their growth and success. Key aspects of the collaboration include: “We are thrilled to join forces with the GSMA’s Innovation Fund. This is more than just business; it’s about writing a new chapter for Pakistan. A chapter where technology isn’t just a tool, but a catalyst for transformation” said Mr.Khurrum Ashfaque, the CEO of Telenor Pakistan. This partnership signifies more than just a business deal; it heralds a new era for Pakistan, where technology acts as a catalyst for transformation. By empowering startups with the resources and support they need, Telenor and GSMA are not only fostering innovation but also contributing significantly to the nation’s economic growth. As Pakistan steps into this new chapter, the collaboration between Telenor Velocity and GSMA’s Innovation Fund stands as a testament to the power of strategic partnerships in driving technological and economic progress. Telenor Velocityis a corporate accelerator. We help startups scale through our parent company infrastructure, our expertise in product management and growth hacking, and by giving the startups access to our digital assets.