IFC mulls $10m investment in Fatima Gobi’s latest Pakistan-focused fund

IFC mulls $10m investment in Fatima Gobi’s latest Pakistan-focused fund

Photo by Hamid Roshaan on Unsplash.

International Finance Corporation (IFC), a member of the World Bank Group, has proposed to invest up to $10 million in the latest Pakistan-focused fund of Fatima Gobi Ventures (FGV), according to a disclosure.

FGV, one of the most active venture capital firms in Pakistan, is in the market to raise funds for Techxila Fund II that will invest in tech startups primarily in the country.

Edited by: Pramod Mathew

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