Pakistan and Silicon Valley backed up Pakistani Startup
January 8th, 2018 | No Comments
Pakistan and Silicon Valley, has just backed another Pakistani Startup ConnectHear. This startup gets investment for an Indian investor, Asha Jadeja.
Three youngsters have founded the ConnectHear. The aim behind ConnectHear is to minimize the gap between the mute & deaf. They aimed to serve the community by establishing a sign language interpretation system at large.
An automated audio-to- PSL (Pakistani Sign Language) application for mobile devices was under process. The company is working to become a comprehensive platform that can unlock the world for the marginalized sector of our society.
Asha had officially announced the operations of her investment firm Dot Edu Ventures in Pakistan in September. She had vowed to invest and work in the Pakistani startups. She has also invested in startups like EBolt, CampusFeed, ClubInternet & many others in Pakistan.
Ms. Jadeja, based in California holds in her portfolio tech companies like Google, Uber, PayPal, Pinterest, Weebly, and more than 100 others. She invested in ConnectHear is an equity free grant to help the startup.
She said that grant from Motwani Foundation is first kind of transaction in Pakistan. This will be a future-exit of this company will be rolled back 100% into charitable causes. She further stated that I can see ConnectHear be an important player that can bring the handicapped population into the mainstream workforce.
Dot Edu Ventures in Pakistan has officially started operations. More investments are expected in early-stage technology companies by Asha. These investments will help new, up and coming investors to partner with angel investors, to comprehend the market and have effectively made a modest bunch of organizations, to moderate their fears.
Published in: Volume 09 Issue 01
Short Link: https://www.technologytimes.pk/?p=20129