PAKISTANI TECH COMPANY SCORES $100-MILLION VALUATION

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Inov8 a Pakistani tech company has been valued at $108 million in its first round of fresh funding.

The company announced an equity injection of $5.4 million from Sheikh Nahyan bin Mubarak Al Nahyan, the minister of culture, youth, and social development of the United Arab Emirates.

“This funding and valuation should also help pave the way for investment into the burgeoning Pakistan technology industry,” it says.

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