The acquisition of Pakistani startup Virtuans AI by U.S.-based AutoAcquire AI marks a significant milestone in the tech industry, showcasing the rapid growth and potential of emerging markets. According to TechJuice, the deal is valued at a seven-figure USD amount, which includes both cash and equity, highlighting the financial confidence in Virtuans AI's innovative solutions. Founded by Raheel Ahmad and Muddassar Sharif, Virtuans AI has achieved this acquisition in less than two years since its inception, demonstrating a remarkable trajectory for a young company. The sentiment around this acquisition is positive, as it not only underscores the global interest in AI technologies but also positions Pakistani startups as valuable players in the international tech landscape.
BUSINESS
Pakistani Startup Virtuans AI Acquired by U.S. Firm AutoAcquire

AutoAcquire AI's acquisition of Pakistan's Virtuans AI highlights emerging market growth. Separately, Capital Smart Motors cuts Forthing Friday REEV price by Rs. 1M to boost EV adoption in Pakistan.
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Updated 9h agoPR