Gobi Partners Announces Techxila Fund II and Signs MOU with Bank of Punjab to Drive Economic Cooperation

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Shanghai, Hong Kong – December 12, 2024 – Gobi Partners, a leading pan-Asian venture capital firm, has officially announced the US$50 M Techxila Fund II alongside the signing of a Memorandum of Understanding (MOU) with the Bank of Punjab (BoP). Speech by Punjab Chief Minister Maryam Nawaz SharifThe Techxila Fund II aims to empower startups in Pakistan, with a focus on high potential sectors such as fintech, e-commerce, logistics and supply chain, health tech, and SaaS. The plan to launch of US$ 50 M Techxila Fund II builds on the success of Gobi’s first Pakistan-focused venture capital fund (Techxila Fund I), which has invested in 22 startups to date. As a Participant in the United Nations Global Compact, Gobi Partners is committed to aligning strategies and operations with universal human rights, labour, environment, and anti-corruption principles to ensure long-term value creation and sustainability across its portfolio. For more information about Gobi Partners, please visit https://gobi.vc