PlanX

Overview

PlanX is a technology accelerator based in Lahore, Pakistan, established by the Punjab Information Technology Board (PITB) to support mid-stage tech startups. The program offers a six-month acceleration cycle during which selected startups receive access to multiple funding channels, a specialized network of mentors, and global exposure to foster growth and innovation. Notably, PlanX operates on a 0% equity model, meaning it does not take any stake in the companies it supports during the acceleration cycle. To be eligible, a tech startup should be mid-stage, registered with the Securities and Exchange Commission of Pakistan (SECP), have a sizable customer base, a well-rounded team, and a product in its beta version. Intake is on a rolling basis via an online application. The program has successfully graduated numerous startups, many of which have secured significant funding and achieved substantial valuations. PlanX's mission is to empower commercially viable mid-stage technology startups by providing them with the necessary resources to establish high-impact businesses. The accelerator focuses on startups that have demonstrated initial market traction and are poised for scaling. By offering a comprehensive support system, PlanX aims to bridge the gap between early-stage development and full-scale commercialization, ensuring that startups are well-equipped to navigate the challenges of growth and expansion. The program's emphasis on mentorship and global exposure helps startups refine their business models, enhance operational efficiency, and expand their market reach. Through its strategic initiatives and partnerships, PlanX continues to play a pivotal role in nurturing the entrepreneurial ecosystem in Pakistan, contributing to the country's economic development and technological advancement. The accelerator's commitment to fostering innovation and supporting startups aligns with PITB's broader vision of promoting sustainable growth in the technology sector. By focusing on mid-stage startups, PlanX addresses a critical need in the market, ensuring that promising ventures receive the guidance and resources necessary to succeed in a competitive global landscape.

Investment Focus

• Mid-stage technology startup
• Registered with SECP
• Sizable customer base
• Well-rounded team
• Product in beta version

Portfolio Companies