Virtual Force Inc, is a technology design and innovation platform that builds next generation software products. Their customer centered philosophy helps roll out MVP’s fast and enables founders to lead their next iterations quickly.
Virtual Force Inc,is also the engineering partner of a seed fund in New York called CoVenture and they have worked with companies at leading accelerators like Idealab, Techstars, Frogleap, Etohum and UKLTH.
This year they were the silver sponsors of startup Istanbul.VF also launched an Accelerator program VFX+ recently.The Accelerator has invested in a health startup-MyDoctor.pk which also qualified for the top 15 startups at the event.
“The reason we sponsored an event of this caliber was to showcase our National br and and promote our startups in the region. We definitely have a strong competition outside Pakistan and there is a lot to learn. At the same time the world needs to see that we have a burgeoning ecosystem of Tech companies, startups and entrepreneurship that is making a global impact. With the help of our amazing talent that came here I think we were able to make that impression”- Tanzeel ur Rehman,Cofounder, Virtual Force Inc.
Startup Istanbul, is a gathering of the leading startups, angel investors, internet companies and venture capitalists from Europe and Asia. This year alone, 500 startups, 500 investors and 4000 attendees gathered in the heart of Turkey. Bringing together people from 80+ countries, the networking scale of this event is huge. The entrepreneurs and developers got a platform to present their ideas to hundreds of investors and sponsors.
Mass networking with investors, founders, and entrepreneurs from East Europe, USA, Middle East and West Asia can have a lifelong impact for startups.This year some of the world’s biggest companies attended the event – Microsoft, Google, Samsung, IBM, Facebook, P&G to name a few. Also, more than 50 renowned guest speakers were invited to share their extraordinary experiences.
That’s not all!.Out of the 500 startups pitching their business plans to the investors, 100 chosen ones got training and mentorship for 2 days from highly qualified mentors from Europe and USA.
“I think Startup Istanbul is a very good regional event. Pakistani startups had a really good impact on the global community here and made an impression on the investors as well. I have met investors that are showing keen interest in investing in Pakistan, which I believe is a really good thing. 2 Pakistani startups in Top 15 selected amongst 2500 applicants is commendable. We hope to see some good success stories in the future.” Tanzeel ur Rehman,Cofounder, Virtual Force Inc.
Last year, the winning startups moved to Silicon Valley. This year, the jury chose 3 winners.These winner startups will be one step closer to making a fortune and more importantly, changing the world.
“The Startup ecosystem in the region is growing and Startup Istanbul is a great opportunity for the startups to get exposure, get visibility and get funding or collaboration interests. The diversity and experience brought together by dignitaries, speakers and participants on this forum is one of the best. We encourage startups and founders, especially from Pakistan to participate and register for the event. It’s a great opportunity to showcase their innovation and benefit from meeting global counterparts. Virtual Force is excited to play a vital role in the event.”
– Jamil Goheer, Cofounder, Virtual Force Inc.
While the entrepreneurial ecosystem evolves in Pakistan , examples like this could shake the global investor community.
This also means that Incubators and Accelerators in Pakistan need to collaborate on multiple levels to upgrade the local ecosystem .Local startups have a clear need for global exposure and its only possible through multiple layers of collaborations.
Pakistan at this point requires its entrepreneurs to to scale up and invest on image building , investment infrastructure and geographical mobility. Most speakers and mentors at the event spoke about the changing dynamics of Pakistani ecosystem and find it an extremely promissing area for investors to look at . This also highlights that while we preapre for a more promissing investment infrastructure startups need to focus on business model development and thats where the “multilayered collaborations” fit best!