Two Pakistani IT entrepreneurs, Mehwish Salman Ali and Malik Mudassir, are set to receive $10 million funding from the USA-based JR Dallas Tech Fund to lead a U.S.-focused startup investment initiative.
The duo will have full authority to invest in high-potential startups in fields like artificial intelligence, cloud computing, digital health, and frontier technology ventures targeting U.S. market expansion.
The $10 million commitment aims to create 300–500 high-skilled technology positions within 24 months and generate $50–100 million in U.S. economic activity within three years, accelerating breakthrough technologies.
Jehangir A. Raja, Managing Partner at JR Dallas Tech Fund, expressed confidence in Mehwish and Malik's ability to identify the next generation of game-changing startups and bridge the gap between global innovation and American market opportunity.