NSPIRE announced the selection of three start-up companies for the first incubation cycle which will be in touch with Netsol staff – programmers’ marketers and other employees for further development and implementation of business models.

The following startups are selected for incubation at NSpire

  1. Electroid: Home automation software that controls and monitors home power consumption;
  2. Tutorciti: Online classroom that provides one-on-one lessons for students in real-time with qualified teachers; and
  3. 1Click: Online event planning platform

“Pakistan’s entrepreneurial spirit is being fueled by a growing pool of talented, highly motivated people looking to develop next-generation technologies into successful companies,” – Najeeb Ghauri, CEO of NetSol Technolgies.

Three to five different start-ups will be functioning from Netsol’s Pakistan campus and will be having access to Netsol’s staff. The will be having a rent-free co-working space and will be mentored, also by executives from the tech industry chosen on the needs of the incubator company in exchange of which Netsol will be receiving equity in the incubator companies.

image source: propakistani

Mehjabeen Dar

The author Mehjabeen Dar

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