Female entrepreneurs doing well in Pakistan: Dr Umar Saif

Lahore :Chairman Punjab Information Technology Board (PITB) says it’s very encouraging to see female entrepreneurs doing so well in Pakistan and goes to show that the potential is here, we just need to capitalize on it.

He was addressing a ceremony held for a startup “Beauty Hooked” on securing $280K seed funding from an investor “Fatima Ventures” at Arfa IT Tower last day.

Dr. Saif said “I’m thrilled to see the ladies come so far in a short space of time at PlanX. This is what we want to see more of in our accelerator and I hope that this will have a ripple effect in our eco-system. The entrepreneurial eco-system will certainly benefit from more co-founders such as PlanX accelerated sartup BeautyHooked.”

CEO of the Beauty Hooked Ali Mukhtar said “BeautyHooked has tremendous potential given the market size and trends. The dedicated team led by Sahr, is positioned well to venture into future avenues of beauty services”. Fatima Ventures has previously invested in the startup, Interacta and is actively engaged with other startups to make investments for successful execution of their ideas”

CEO Sahr Said “Our seed round of funding brings with it endless opportunities to scale the company fast and disrupt the beauty industry. We plan on rolling out nationally and are in late stage talks with various international players to franchise our technology and brand to other countries.” Director MITEF & PlanX Hafsa Shorish also addressed the ceremony.