Pakistani Startup Wifigen gets $1m investment from Silicon Valley

Pakistan,s IT industry has witnessed a major upsurge in the past couple of years and is successfully bagging around $2 billion per annum thanks to the innovative tech startups by new entrants. In continuation to this, a Pakistani startup of Plan9 which is country,s largest Technology incubator working under Punjab Information technology Board (PITB), has successfully raised $1 million investment from an investor of Silicon Valley. The startup which has raised investment is Wifigen and the investor behind this funding is the famous John Russell Patrick who is the former Vice President of IBM (an American multinational technology and consulting corporation) and he is said to be an early stage investor in Uber, an app-based transportation company. Normally, people ask for a network ID and password for experiencing Wi-Fi but Wifigen aims to provide an alternate and easier way. With Wi-Fi Gen, when a user clicks on the free Wi-Fi connection, he/she will not be asked for a password, rather a new page will be loaded with three options for logging in; through Facebook, Twitter or an email account. This system will provide a dashboard to the client business. With it, they will get useful analytics about the customers, such as how frequently a particular customer return to the cafe, percentage of the new customers, the ratio between the male and female customers etc. All in all, customers will get free internet and businesses will get brand recognition. It,s a win-win situation for everyone. To read MORE,s exclusive interview with Bilal Athar, one of the member of Wifigen team, click here.