The latest cohort of startups graduating from The Nest I/O showcased their business ideas and progress to a room full of investors, mentors, corporates, and people from the tech community on December 22. The 8th Demo Day was hosted at The Nest I/O where more than 18 startups gave a 3 minute pitch to impress the audience.
Since its inception in January 2015, The Nest I/O has been holding a public Demo Day at the end of each incubation cycle to give the entrepreneurs an opportunity to pitch the startups ideas they’ve been working on during the 4-month program.
A total of 18 startups pitched on Demo Day including the graduating batch and some alumni. Like always, this batch also consisted of startups working in diverse set of fields including healthcare, education, tourism, content creation, and retail with some startups already giving back to the community through scholarships, CSR projects, and promoting business skills in people living in remote areas..
Many of the Batch 8 startups launched their products a month before their final pitches and started gaining media traction even before their graduation. These startups include Ha-Ha Studios, which is developing Pakistan’s first EDU, ARTS, and ENT channel for kids; Closet, a fashion rental marketplace; and OpenMic, a social startup that engages millennials in conversations about the future of the country through open dialogue and policy debate.
“Demo Day at The Nest I/O continues to be an important event not just for the startups but also us because it shows the hard work that all of us put in during the 4 month incubation cycle. Most of these teams came here with an idea or at an early stage of their business and today they are successful startups ready to pitch to investors and corporates which is a big step forward. I can’t express how proud I am of these startups and everything they have achieved in just 4 months”, said Jehan Ara.
Some of the guests present at Demo Day included Naeem Zamindar, a Silicon Valley Venture Capitalist, Misbah Naqvi, Director of i2i Ventures, Faizan Siddiqi, Managing Director at Interlink Multi Media at Jang Group of Companies, Directors of Artistic Venture Fund and Blue Ocean Ventures, Shayaan Tahir, Founder and CEO Homeshopping.pk, and many others.
“Not only was every presentation world class, yes they are in the early stage and have a lot of work ahead of them […] but the presentation were all very good and well thought out, they anticipated the market [and] the quality of thinking was very high. I’m very impressed with what I saw today and The Nest I/O has done a phenomenal job in producing these entrepreneurs who will change Pakistan and create what we now call ‘Naya Pakistan’”, said Naeem Zamindar.
“It’s very heartening to see the work that has gone in to these startups and it’s great to be a part of their journey. The pitches were great [and] very exciting. I’m looking forward to speaking to some of them and a lot of them have really good potential. I’m very excited for what this means for the Pakistan market”, commented Misbah Naqvi.
The graduating startups included the following:
Ifinity aims to create simple solutions to complex problems. Their latest invention is an adjustable and ergonomic seat for motorbikes that relieves back pain, improves posture and provides comfort to motorbike users who often spend hours saddled on their bikes.
A group of techies and medical professionals who have come together to use technology to revamp the way we provide patients with primary medical care. They are developing an app that makes nursing affordable, convenient, and provides you with all your nursing-related help at your doorstep.
HaHa Studios was founded by a group of creatives who are concerned about the lack of local Urdu-based content for young children in Pakistan. Through their videos, they aim to help the next generation retain a connection to their culture and language, and mitigate the influence of foreign customs and traditions on their impressionable minds.
Unstoppable aims to help children develop crucial lifes kills that builds self-confidence positive self-image, and allows them to live a healthy, wealthy, and happy life through workshops and courses that target life skills.
Study space is an EdTech startup that wants to use the internet to bridge the gaps in Pakistan’s education system. Their online platform provides students with the resources and study material that allow them to prepare for exams according to their own needs and at their own pace.
Let’s Home is an online marketplace and hospitality service that allows people to lease or rent short-term lodging in the beautiful mountains of the north.
Apert from the graduating batch, some of The Nest I/O alumni which included the following:
They aim to bridge the gap between the deaf community and the society using video-call Sign Language interpretation services and run various Sign Language Training classes to increase Sign Language literacy in Pakistan and make society inclusive for the deaf by increasing the availability of qualified interpreters.
Asaan Taleem connects Qualified Women (Tutors/ Professionals/ HomeMakers) to teach Girls through Live Video classes,providing easy access to Quality Education while also making women financially independent.
About The Nest I/O
A project of P@SHA, The Nest I/O was set up in partnership with global partners Google for Entrepreneurs and Samsung, and with a supporting grant from the US State Department. The Nest I/O has also partnered with Ilm Ideas 2 and UK Aid to support incubation of startups working in the education-technology space.