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Lazy Goliaths and venture (in)activity - Newspaper

Big-business lobbies can’t secure protections against global competition in the emerging tech sector. AFP/File
With the tech ecosystem getting more mature around the world, one of its underlying features has been the way big businesses have embraced and promoted this growth.
Be it the eye-watering acquisitions of WhatsApp or Instagram by Facebook or Bain Consulting launching venture funds worth billions of dollars, large corporates have actively driven its rise.
According to Pitchbook data, corporate investors participated in 26 per cent of the total venture capital deals in the United States and those rounds accounted for more than half of the dollar value. ....

United States , San Francisco , Veqarul Islam , Khurram Ashfaque , Searle Pharma , Habib Bank , Dunkin Donuts , International Brands Ltd , Bain Consulting , Pak Agri Market , Khushal Zamindar , Telenor Chief Operating Officer Khurram , Business Systems , Blutech Consulting , Jaffer Business Systems , Brands Ltd , Zen Cloud , South Asian Gobi , ஒன்றுபட்டது மாநிலங்களில் , சான் பிரான்சிஸ்கோ , குர்ரம் அஷுபாயூ , தேடல் பார்மா , ஹபீப் வங்கி , டங்கின் டோனட்ஸ் , சர்வதேச பிராண்டுகள் லிமிடெட் , பைன் ஆலோசனை ,

JBS invests Rs300mln in ENA

JBS invests Rs300mln in ENA
Business
April 9, 2021
KARACHI: Jaffer Business Systems (JBS) has invested Rs300 million to acquire significant share of Energy N Automation (ENA) , a green tech, power and internet of things startup, a statement said on Thrusday.
The investment agreement was signed between JBS and ENA in an online ceremony, while adhering to Covid-19 SOPs. JBS is amongst the leaders in Pakistan’s IT industry.
After acquiring significant share of Blutech four years ago, ENA is the second startup to become part of JBS.
JBS CEO Syed Veqar Ul Islam said, “Against common belief, it is observed that only 16 percent startups fail due to lack of access to finance. ....

Samir Salman , Energyn Automation , Jaffer Business Systems , Veqar Ul Islam , அமீர் சல்மான் , ஜாஃபர் வணிக அமைப்புகள் ,

JBS Acquires Power and IoT Startup ENA for Rs. 300 Million

JBS Acquires Power and IoT Startup ENA for Rs. 300 Million
propakistani.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from propakistani.pk Daily Mail and Mail on Sunday newspapers.

Samir Salman , Energyn Automation , Information Technology , Jaffer Business Systems , Syed Veqar Ul Islam , அமீர் சல்மான் , தகவல் தொழில்நுட்பம் , ஜாஃபர் வணிக அமைப்புகள் ,