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Visitors use their mobile phones at Clifton Beach in Karachi, on Nov. 12.

Visitors use their mobile phones at Clifton Beach in Karachi, on Nov. 12.

Photographer: Betsy Joles/Bloomberg
Technology

Startup Fever Is Gripping the World’s Last Big Untapped Nation

Global investors are pouring money into Pakistan’s budding tech sector. Funding this year has outstripped the last six combined. 

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The startup scene in the world’s fifth-largest nation is having a breakout year. 

More money has flowed into Pakistan’s nascent technology sector during 2021 than in the previous six years combined, with investors from the U.S., Singapore and the United Arab Emirates joining the rush. And one former Microsoft Corp. and LinkedIn Corp. employee has been involved in about half the fundraising deals. 

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