Pakistan’s business ecosystem has grown significantly in the last few years, especially in terms of investment. YUGO.pk, Punjab Information Technology Board (PITB) Technology Incubator, Plan 9, has successfully increased its seed investment in its 12th batch.
The seeds were invested by Syed Shehar Yar Ali, Angel Investor and Executive Director and CSO of Treat Group of Companies.
Claiming to be Pakistan’s first online travel website, YUGO.pk was founded in 2017 by Ahmed Hannan Kayani, Ahmad Fazal Bajwa, and Asim Javaid, for offering potential tourists to create their customized travel packages for all major foreign destinations, especially Europe, Far East, the Middle East, and North Africa.
Regarding this, Chairman PITB, Azfar Manzoor, said,
It is very encouraging to see Pakistan emerging on the global map as one of the leading South Asian countries producing impactful startups. Our technology incubator Plan9 is committed to empowering aspiring entrepreneurs, and Yugo.pk is one of Plan 9’s success stories that have successfully raised good seed investments.