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Home Sector FinTech

Pakistani Tech Startup VINNCORP secures six figure initial investment

12 February 2021
in FinTech
Reading Time: 2 mins read

VINNCORP, a digital tech startup in Pakistan, has raised its first round of HRSG funding. HRSG’s six figure initial investment of $100,000 would further improve the presence of VINNCORP both locally and internationally.

Commenting on the occasion, VINNCORP founder and CEO Khurram Gulistan said “We are confident that this investment will help further refine the product portfolio of VINNCORP, in addition to expanding our service provision beyond our current capacity.”

In November 2017, VINNCORP was founded by two former Quick Karachi batch mates with background experience in leading companies such as Microsoft HQ, Salesforce HQ, VMware and Oracle. Their goal is to provide B2B and B2C customers around the world with high-tech products and services.

VINNCORP co-founder and COO Khurram Kalimi and IBA alumni joined him, adding: “This has come at a time of high uncertainty due to the prevailing pandemic and we are pleased that we will also be able to create employment opportunities in the tech industry.”

Pakistan has over 76 million internet users and more than 37 million active social media accounts, providing the digital economy with significant opportunities for growth.

Among VINNCORP’s prominent items is Brand Equity, a social listening system focused on machine learning. Other products of VINNCORP include Prent, a property management solution, SOCOL Chat, a safe community video chat app, and Socol; which is the award-winning platform for political campaign management that has enabled the management of their voter relationship by politicians.

Source: Business Recorder

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