Plagiarism Checker X has been selected into Bolt, a European technology accelerator. The Pakistani startup will join the program next month in Malaga, Spain.
Duplicate content is a serious problem quite common in academia and content based professions and Plagiarism Checker X aims to identify exactly that. They provide a free and paid version of their software which differs from competition in the sense that it doesn’t require users to upload content to their servers.
Once the 3 month Bolt program concludes, the team will have a chance to remain in Europe and enlist the accelerator’s help to secure funding.
For its services, Bolt takes 3% equity of selected startups. Depending on performance, Bolt and its investor network also have the option to fund 20,000 Euros for a further 6% of the startup’s equity.
In exchange, Bolt offers some pretty fantastic returns. Here’s a rundown.
This is another indication that Pakistani startups have begun to be appreciated in more than just local circles. Recently, Markhor got selected in Y Combinator and everything points towards the fact that scaling beyond our borders is starting to become less of an issue for our startups.