Alfalah Investments and LMKR have announced a strategic partnership to establish an Angel Investment Fund aimed at supporting early-stage, tech-driven startups across Pakistan. The initiative combines LMKR’s extensive national incubation footprint with Alfalah Investments’ strong governance and investment expertise, creating an institutional model for angel investing. By aggregating capital from multiple investors into a single regulated fund under SECP guidelines, the partnership seeks to provide startups with timely, well-governed access to early-stage funding, addressing long-standing challenges within the local ecosystem.
Pakistan’s startup landscape has grown rapidly in recent years, yet many entrepreneurs face difficulties securing consistent and institutional capital. The newly formed fund will operate as a Private Fund, offering founders faster access to diversified and properly structured early-stage investment. The partnership aims to overcome market gaps including fragmented angel networks, inconsistent deal documentation, limited ticket sizes, and slow closure timelines. By linking incubation with investment, startups can benefit from a seamless journey from idea validation to market readiness and sustainable growth.
The fund will focus on startups developing solutions in key technology sectors including fintech, artificial intelligence, cloud services, health-tech, agri-tech, climate tech, and e-commerce. A dedicated Technical Assistance Desk will provide advisory support covering governance, financial systems, product-market fit, and commercial partnerships. This will help founders scale their businesses efficiently and secure follow-on investment rounds. LMKR’s hands-on experience with the National Incubation Centers, combined with Alfalah Investments’ institutional oversight, is intended to strengthen Pakistan’s startup ecosystem and reduce reliance on unstructured funding sources.
Speaking about the partnership, CEO of Alfalah Investments, Khaldoon Bin Latif, emphasized the goal of institutionalizing angel investment networks to enable faster capital deployment into promising ventures. He noted that the fund provides both financial resources and governance support to entrepreneurs shaping Pakistan’s economic future. Atif Rais Khan, Chairman and Group CEO of LMKR, highlighted that the fund bridges critical gaps between innovation and investment, allowing startups to move confidently from early validation to scalable growth. He also stressed that embedding investment into the incubation process will improve success rates, attract both local and international investors, and foster economic development through technology adoption and job creation.
The Alfalah Investments and LMKR Angel Investment Fund represents a coordinated, institution-backed approach to venture creation in Pakistan. By integrating financial and strategic support into the startup journey, the initiative is expected to enhance the country’s tech ecosystem, enabling high-potential startups to accelerate their growth while creating sustainable impact across key sectors. Additional details on the fund’s governance, structure, and rollout will be shared as the initiative progresses.
Follow the SPIN IDG WhatsApp Channel for updates across the Smart Pakistan Insights Network covering all of Pakistan’s technology ecosystem.
