South Asia Investor Review

Anysphere, founded in 2022 by Sualeh Asif, Arvid Lunnemark, Aman Sanger and Michael Truell, has been approached by investors about a deal that would more than double its valuation in a new funding round to $18 to $20 billion, according to  Bloomberg .  Sualeh Asif , 25, the Chief Product Officer and co-founder, hails from Karachi, Pakistan.  He studied at Nixor College in Karachi before going to the United States in 2018. He met the other three co-founders while studying at the Massachusetts  Institute of Technology (MIT). One-half (Sualeh Asif and Aman Sanger) of the startup’s founding team is of South Asian origin. The company moved to  San Francisco  soon after its founding in 2022.  Sualeh Asif, Anyshphere Inc's Pakistani-American Founder Anysphere’s lead product is an AI code editor called Cursor AI.  It works as an AI assistant that writes code and also anticipates code developer's needs, identifies inefficiencies, and helps solve compl...

Pakistan imported an estimated 1.25 gigawatt-hours (GWh) of lithium-ion battery packs in 2024 and another 400 megawatt-hours (MWh) in the first two months of 2025, according to a research report by the  Institute of Energy Economics and Financial Analysis  (IEEFA). The report projects these imports to reach 8.75 gigawatt-hours (GWh) by 2030. Using  5.2 hours  per day of peak sunlight translates into 1,898 hours per year. It means that each gigawatt of installed solar capacity can produce up to 1.8 terawatt-hours of electricity in a year, and each gigawatt-hour of battery capacity can store up to 1.8 terawatt-hours of electricity over a year. Currently, Pakistanis consume about 110 terawatt-hours of energy from the grid in a year.   Battery Storage Growth in Pakistan. Source: IEEFA Chinese battery packs have become particularly affordable with rapidly declining prices due to falling raw material costs, overcapacity in manufacturing, and increased production ...

A London-based startup builder.ai, founded by an Indian named Sachin Dev Duggal,  recently filed for bankruptcy after its ‘neural network’ was discovered to be 700 Indians coding in India. The company promoted its "code-building AI" to be as easy as "ordering pizza".  It was backed by nearly half a billion dollar investment by top tech investors including Microsoft. The company was valued at $1.5 billion. This is the latest among a series of global scams originating in India.  In recent years, India has emerged as a major hub for global scams. The US government has alleged in court documents that a large enterprise originating from India was involved in stealing nearly $1.5 billion from elderly Americans. Recently, two Indian nationals, Pranay Mamindi and Kishan Patel, were found guilty of participating in a money laundering conspiracy, concealing the source of the money, and using the illegally gained money to further promote a criminal enterprise.  Six other defen...

Using a homegrown datalink (Link-17) communication system, Pakistan has integrated its ground radars with a variety of fighter jets and airborne early warning aircraft (Swedish Erieye AWACS) to achieve high level of  situational awareness in the battlefield, according to experts familiar with the technology developed and deployed by the Pakistan Air Force. This integration allows quick execution of a " kill chain " to target and destroy enemy aircraft, according to experts. This capability was demonstrated recently in the India-Pakistan aerial battle of May 7-8 that resulted in the downing of several Indian fighter jets, including the French-made Rafale.   Pakistan PAF's Homegrown Link-17. Source: Secret Projects Pakistan Air Force (PAF) pilots flying Chinese-made J10C fighter jets fired the Chinese PL-15 air-to-air missiles and shot down at least two Indian Air Force's French-made Rafale jets in history's largest ever  aerial battle , according to multiple media ...

Professor John Mearsheimer, a renowned international relations expert known for his theory of "offensive realism", has recently spoken to India's CNN-News18 about the impact of US-China competition on geopolitics in South Asia. Sharing his thoughts in interviews on India-Pakistan conflict after the Pahalgam attack, he  said : "There is really no military solution to this (Kashmir) problem. The only way this can be solved once and for all is through a political solution that both sides find acceptable". Professor John Mearsheimer on India-Pakistan Conflict Professor John Mearsheimer is a highly respected professor of political science at the University of Chicago. Here's how he introduces himself on his  personal website :  "I am the R. Wendell Harrison Distinguished Service Professor in the Political Science Department at the University of Chicago, where I have taught since 1982. Above all else, I am an international relations theorist. More specificall...

Pakistan claims its air force (PAF) has destroyed India's high-value Russian-made S-400 air defense system (ADS) located at the Indian Air Force (IAF) Adampur air base. India has rejected this claim and posted pictures of Prime Minister Narendra Modi posing in front of its S-400 rocket launchers in Adampur.  Meanwhile, there are reports that an Indian S-400 operator, named Rambabu Kumar Singh, was killed at about the time Pakistan claims to have hit it. Pakistan is believed to have targeted the S-400 systems using precision-guided CM-400AKG hypersonic missiles (max range 250 kilometers) launched from its JF-17 fighter aircraft. How can an independent observer decipher the truth in the midst of these claims and counterclaims? To do that, one must first understand what constitutes the S-400 ADS. Is it just the rocket launchers? Or does it have other critical components like the radar and command-and-control systems? Could it be that the Pakistanis left the launchers alone and ta...