Pakistan Startup Summit ends: A platform for innovation, economic boost

SECP executive director touches upon opportunities and challenges in Pakistan's startup ecosystem
An undated image. — iStock
An undated image. — iStock

After garnering immense enthusiasm prior to the launch of the Pakistan Startup Summit, the Securities and Exchange Commission of Pakistan (SECP) successfully concluded the second day of the summit in Karachi.

Notable attendees of the Pakistani Startup Summit include policymakers, startup founders, international speakers and other key stakeholders, all engaged in insightful discussions and knowledge-sharing sessions.

As expected earlier by industry veterans, the summit was justified to be a platform welcoming innovation and economic growth in Pakistan to new heights. 

During the opening ceremony, the SECP executive director Khalida Habib held a welcome address, touching upon the first day which allowed attendees to be familiar with opportunities and challenges inherent in Pakistan's startup ecosystem.

She remarked that SECP is firmly committed to paving a sustainable and resilient startup ecosystem by leveraging technology, policy and partnerships while urging participants to engage fully in discussions around digital finance, regulatory sandbox initiatives, and data-driven innovation.

The keynote addressed by SECP commissioner Abdul Rehman Warraich enlightened people with the SECP’s ongoing commitment to creating a regulatory environment, an ideal ground for entrepreneurial growth.

The SECP commissioner also reflected on the SECP’s innovation office, an initiative to provide regulatory guidance, mentorship and insights to entrepreneurs, which results in lesser hindrances and higher growth.

The second of the Pakistan Startup Summit also revolved around a spate of presentations, including a video on the SECP’s regulatory sandbox journey and insights into Pakistan’s digital payment ecosystem, Raast P2M, and the Pakistan Digital Stack.