ISLAMABAD: Alfalah Investments, a leading Pakistani asset management company, and LMKR, a global technology and innovation enabler, have joined forces to launch a first-of-its-kind angel investment fund aimed at accelerating early-stage, tech-driven entrepreneurship in Pakistan.
Announced on Thursday, the initiative represents a significant shift toward a coordinated, institutionalised model of venture creation in the country—moving beyond fragmented and informal angel investing structures.
According to the statement, the fund will operate as a private fund under Securities and Exchange Commission of Pakistan (SECP) regulations, pooling capital from angel investors into a single institutional vehicle. This structure is expected to offer startup founders quicker access to diversified, well-governed early-stage financing.
The statement added that the fund aims to address long-standing challenges in Pakistan’s startup ecosystem, including scattered angel networks, inconsistent deal documentation, small ticket sizes, and protracted deal closures that often impede the progress of promising ventures.
The new fund will target early- and growth-stage startups across high-impact sectors such as fintech, artificial intelligence, cloud services, e-commerce, and other emerging technologies.
By combining LMKR’s deep experience working across Pakistan’s National Incubation Centers with Alfalah Investments’ governance and investment expertise, the partnership aims to build a stronger, more reliable startup support structure while reducing dependence on unstructured funding sources.
Khaldoon Bin Latif, CEO of Alfalah Investments, said the initiative would “institutionalise the angel network with a robust governance and compliance layer,” enabling faster deployment of capital into entrepreneurs who are shaping Pakistan’s economic future.
Atif Rais Khan, Chairman and Group CEO of LMKR, described the initiative as a “vital bridge between innovation and investment,” enabling startups to move more confidently from early validation toward scalable growth. “Our collaboration with Alfalah Investments marks a defining moment for the ecosystem and sets the foundation for a stronger, more competitive future for Pakistani startups,” he added.
The fund will also feature a dedicated technical assistance desk offering advisory support on governance, financial systems, product–market fit, and commercial partnerships. This support is designed to help founders scale sustainably and secure follow-on funding rounds.
