Islamabad, Karachi, Peshawar – We are pleased to announce the continuation of our role as operators for the National Incubation Centers (NICs) in Karachi and Peshawar.

In a renewed partnership with the Ministry of IT and Telecom (MOITT) and Ignite, we will further our mission to propel Pakistan’s vibrant startup ecosystem to new heights.

LMKT’s incubation network has flourished across Pakistan, yielding exceptional results. LMKT-operated NIC Karachi, NIC Peshawar, and NIC Hyderabad have emerged as pillars of the nation’s startup ecosystem. Together, these centers have incubated over 600 startups, facilitated the creation of over 1 million jobs, and attracted investments exceeding PKR 16 billion.These achievements serve to reinforce their standings as the leading incubators and accelerators within the country’s startup ecosystem.

In this mission, we are proud to collaborate with leading industry partners such as YBG one of Pakistan’s largest business groups; Orbit Startups, a renowned international investment accelerator and the Country’s most active VC; as well as Accelerate Prosperity, IM | Sciences, and Sybrid to create a thriving startup ecosystem in Pakistan.

Atif Rais Khan, CEO of LMKT, expressed enthusiasm, stating,

We are excited to continue our partnership with Ignite for the operation of NIC Karachi and NIC Peshawar. LMKT’s proven track record in fostering innovation across these centers, including NIC Hyderabad, demonstrates our commitment to empowering Pakistani entrepreneurs. We are eager to build upon our successes by nurturing talent, driving investment, and propelling our startups onto the global stage.

Mr. Ali Sohail Tabba of Lucky Landmark, a consortium member with LMKT in NIC Karachi, said:

We believe a nation’s prosperity is inextricably linked to its capacity for innovation. As a cornerstone of this country’s economy, we recognize our duty to cultivate a thriving startup ecosystem that is able to nurture the next generation of entrepreneurs and propel our country into a future of unparalleled progress.

About LMKT

LMKT is a leading technology company offering innovative solutions in smart cities, smart buildings, integrated security, e-governance, clean technology, agri-tech solutions and more. With a strong commitment to supporting Pakistan’s growth, LMKT operates National Incubation Centers in Peshawar, Karachi, and Hyderabad. These centers foster a vibrant nationwide startup ecosystem.