Lahore– 3^rdMarch 2021: Telenor Pakistan’s Digital Accelerator Program, Telenor Velocity,has opened for applications from start-ups for its 7^th Cohort.As a part of this program, Telenor Velocity will guide, support and mentorstart-ups using Telenor Pakistan’s experts, analytics and access to scaling opportunities over a period of four months.

The world is going through radical transformation, and Telenor Pakistan is on the lookout for founders who are embracing the constraints and letting their innovation create solutions using technology. Start-ups that specialise in Artificial Intelligence (AI), Machine Learning (ML), Blockchain, Augmented Reality (AR), Virtual Reality (VR), and Internet of Things (IOT) can particularly benefit from this opportunity, as this cohort brings along with it the experts and tools necessary for building impactful, modern solutions. The cohort selects start-ups that have been in the market for more than two years and offers them scaling opportunities through Telenor Pakistan’s digital assets.

Speaking at the development, Khurrum Ashfaque, Chief Operating Officer Telenor Pakistan said “Entrepreneurs are essential to the growth and development of Pakistan’s economy and are the key to bring innovative solutions into the market. Telenor Velocity aims to nurture and mentor start-ups that use technology as an enableracross various verticals which is Telenor Pakistan’s expert domain. We are living in the start-up generation with increasing digitalisation by the day. These tech based new businesses need a platform to jet start their ventures that not only enable solutions for the society but also puts Pakistan on the map for innovation through technology.”

The 7^th cohort is accepting applications from start-ups focusing on verticals such as Fin-tech, Ed-tech, Agri-tech, Health-tech, Entertainment/Content/Media, Gaming, Inclusion, E-commerce, Smart Cities and Connectivity. Due to the pandemic, the cohort will be run on a hybrid model with physical and online meetings.

Launched in 2016, the accelerator has to date conducted 6 cohorts, with 32 graduated start-ups, 4+ Pilot Runs, $40,000 Pilot Investment, and $3 million investment raised by Telenor Velocity start-ups. To apply for Telenor Velocity’s 7^th Cohort, please fill out the application form (https://gust.com/programs/telenor-velocity-cohort-7). Last date to apply: April 3rd, 2021.