Startup
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547B2B marketplace Dastgyr raises $37 million making it Pakistan’s largest series A round
Dastgyr, a Pakistan-based B2B e-commerce marketplace, has raised USD 37 million in Series A funding led by Veon. On Tuesday, it was...
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679
Health-tech platform MEDZnMORE raises $11.5 million Pre-Series A funding
The company proclaimed that it has accomplished its Pre-Series A round marking the highest investment in health tech to date. MedznMore has...
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660
Health startup medIQ raises $1.8 million in pre-seed round
Health-tech startup medIQ raised $1.8 million in a pre-seed round, CEO and founder Dr. Saira Siddique said in an interview. The startup...
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2.1K
Pakistani startups raised record $540 million across 99 deals since 2021
Pakistani startups finally joined the big league, collectively raising a record $540 million from 2021 to 2022 first quarter across 99 deals....
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1.3K
B2B raw material marketplace Zaraye raises $2.1 million in pre-seed funding
Zaraye, a Karachi-based business-to-business raw materials marketplace, earned $2.1 million in a pre-seed round headed by Tiger Global and Zayn Capital, as...
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787
B2B e-commerce startup Jugnu raises $22.5 million in Series A Round funding
Pakistan-based Jugnu, a B2B E-commerce startup, has succeeded to raise US$22.5 million. The Series A round was headed by Saudi-HQ’d and MENAP servicing B2B...
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888
Smartbenefits launches affordable employee health insurance for SMEs
The first-ever Pakistan-based health insurance startup ‘Smartbenefits’ is facilitating employers by making healthcare benefits accessible and affordable for them. According to the...
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696
Pakistani startups raised staggering $563.5 million in 255 deals since 2015
Pakistani startups have raised $563.5 million in 255 deals from the year 2015. Only in 2021, 83 deals raised $350 million, revealed...
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536
AI startup Inflection wants to make it easier for humans to talk to computers
Some of the industry’s most well-known minds are teaming together to solve one of computing’s most difficult problems. According to CNBC, LinkedIn...
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784
Tech Startup Fund set up to provide Rs 1 billion in seed funding to 50 startups annually
Prime Minister Imran Khan has announced setting up a ‘Pakistan Technology Startup Fund’ to provide Rs 1 billion in seed funding to...
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628
In Pakistan, startups are bringing agriculture into the digital age
Pakistan’s agriculture sector revolutionizing as the startups are bringing Pakistan’s farmers into the digital age by helping them to plan crops healthier...
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1.0K
Investors poured $69 million into startups in the fourth quarter of 2021
Pakistani startups have raised $69 million during the fourth quarter of 2021 through 22 business deals making it a total of $350...
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792
IT ministry proposes tax exemption for freelancers for the next 10 years
To enhance ease of doing business and boost exports, the Ministry of Information Technology and Telecommunication has recommended a 10-year tax exemption...
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1.1K
Egypt’s EdTech Orcas raises $2.1 million in pre-series A round as it expands to Pakistan
Egyptian ed-tech startup Orcas has raised a $2.1 million pre-Series A funding round as it is all set to expand into Pakistan...
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790
Doctor booking startup Oladoc raises $1.8 million in Pre-Series A funding
Healthtech startup Oladoc has claimed to have raised a $1.8 million investment in a pre-Series A round, as the health tech sector...
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837
Government to aid around five million small businesses under new SME policy
The government revealed the new Small and Medium Enterprises (SME) Policy 2021-25, with the aim to promote nearly five million businesses via...
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701
Pakistani fintech CreditBook raises $11 million led by investment firm Tiger Global
Pakistani startups have raised more than $300 million this year alone, more than in the preceding six years combined. CreditBook, a Pakistani...
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1.2K
Pakistan’s grocery startup Krave Mart raises $6 million in pre-seed funding
Krave Mart, a quick-commerce (q-commerce) startup that offers the transfer of foodstuffs and other products in just 10 minutes, has upraised $6...
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1.1K
Chikoo app launched as Brandverse raises multi-million dollar seed round
Chikoo app launched as Brandverse, a Pakistani e-commerce enabler, has earned multi-million dollar investment during a seed round run by the JS Group....
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651
Online travel platform Bookme.pk raises $7.5 million in ‘Series A’ funding round
Lahore-based Bookme.pk made an announcement that it has closed a $7.5 million Series-A subsidy round for its digital ticketing platform, as the...
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1.2K
InstaKin startup connects overseas Pakistanis with families
A native startup InstaKin is conveniently connecting the overseas Pakistanis with their families back home, resolving the common however unattended disputes like...
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759
After US and UK, Eshal Corporation enters Pakistan to digitalize small businesses
Pakistan-based IT Company, Eshal Corporation, is working with a goal to make every small business go digital. So, for the achievement of this...
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1.1K
Befiler secures grant from Karandaaz to promote tax compliance
Befiler, an online tax filing portal, has obtained grant for a digital experiment from Karandaaz Pakistan, a not-for-profit company stimulating approach to...
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877
Pakistan’s digital transformation can add $60 billion in annual economic value by 2030
Digital transformation can aid Pakistan to answer up to Rs 9.7 trillion ($59.7 billion) yearly financial value by 2030, equal to around 19...
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835
Salary-advance startup Abhi raises funds at $40 million valuation
Abhi, a Karachi-based salary advance startup has outstretched capitals at a $40 million assessment only four months after introducing its business, reported Bloomberg. ...
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840
500 Global meets Chairman STZA and offers to invest in promising tech startups
Global venture capital firm, 500 Global, respected Pakistan’s government for the introduction of incentives in Special Technology Zones (STZs). According to the...
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632
20 startups from Punjab to participate in Expo 2020 Dubai
Almost 20 startups have been nominated for Expo 2020 Dubai through the PITB developed Startup Punjab portal, Punjab Minister for Higher Education & IT Raja Yassir Humayun publicized. ...
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831
Pakistan-based fintech Savyour raises $3.3 million in seed round
Pakistan-based fintech Savyour, an innovator in emerging the country’s first cashback app and pay-per-sale associate marketing network, succeeded to raise $3.3 million in...
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716
SMEs likely to get Rs 60 billion collateral-free lending from eight banks
State Bank of Pakistan has selected eight banks to get financing at 1 percent for onward lending to SMEs at a maximum end-user rate...
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874
Pakistani startups Sastaticket, Safepay feature on Forbes Asia ‘100 to watch’ list
Another new achievement-Pakistani startups are on the way to make their space in the international platform by fascinating wider international investment and...
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807
PM welcomes $85 million investment in Airlift, a record for startups in Pakistan
Prime Minister Imran Khan has praised Airlift Technologies Pvt. Ltd., a Lahore-based online shopping delivery platform, for receiving $85 million in the...
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1.4K
Pakistani fintech Dastgyr raises $3.5 million in seed round
Pakistani fintech Dastgyr has raised a $3.5 million seed round led by SOSV, takes the total capital secured so far to $4 million, including the angel...
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1.1K
Pakistani entrepreneur Mariam Adil makes it to Forbes Next 1000 list
Mariam Nusrat Adil, a Pakistani entrepreneur who is using the power of video games to inspire social change has made it to Forbes Next 1000 list, which...
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677
First ‘charging highway’ for electric vehicles is coming to Italy
Between Milan and Brescia in Italy, Israeli business ElectReon Wireless is creating a 0.6-mile-long (1-kilometer) stretch of electric vehicle-charging highway to test the technology for...
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754
SECP registered 1,597 new businesses in May, a growth of 107 percent
The Securities and Exchange Commission of Pakistan (SECP) have registered 1,597 new businesses, more than doubled in May compared to the last...
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676
Pakistani startup ‘Abhi’ raises $2.1 million for its salary advance platform
Karachi based fintech firm Abhi has raised more than $2 million for their seed round in order to launch salary advance platform...
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891
PITB launches incubators for tech startups in 9 cities of Punjab
Regional Plan9, a network of incubators for tech startups has been launched in 9 cities of the province Punjab. On Monday the...
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867
2,257 new startups register after SECP’s “ease of doing business” reforms
The Securities and Exchange Commission of Pakistan (SECP) in a game-changing development has announced that ease of doing business has led to the...
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819
Pakistani startups launch Chikoo platform to help SMEs sell online
Brandverse and eOcean, both Pakistani Startups are collaboratively going to work through the new Chikoo platform. These startups have signed a Memorandum of Understanding (MoU) for...
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1.0K
Pakistani fintech PayPro gets Rs 7.4 million funding from USAID
PayPro, a fintech startup has announced that it had received a grant amounting to Rs 7.473 million from USAID Small and Medium...
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1.1K
Pakistani agritech firm aims to sell AI technology to Middle Eastern farmers
A Pakistani agritech startup has introduced a machine that uses artificial intelligence to grade fruits, vegetables and dates to help farmers and...
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833
SBP mulls relaxing FE regulations for startups to raise convertible debts
The State Bank of Pakistan (SBP) is considering relaxing rules for startups and fintech companies to raise foreign capital, as it may...
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938
Pakistan launches first national investment platform for startups
Ministry of Information Technology and Telecommunications (MoITT) and its tech innovation arm, Ignite (National Technology Fund), on Tuesday launched PakImpactInvest, Pakistan’s first...
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1.5K
Nine innovative tech startups graduate from NSTP-NUST
Nine innovative technology startups graduated from the NSTP Hatch 8 Programme of the NUST and were awarded prizes at the Graduation Day...
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704
New EV battery developed by Israeli StoreDot fully charges in 5 minutes
Israeli battery technology developer StoreDot has unveiled its first-generation battery for electric vehicles (EV) that can be charged in just five minutes. Charging your...
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1.8K
Three startups of Karachi University students among top 10 innovative companies
Three startups of University of Karachi students have been listed among the top 10 innovative companies of Pakistan by Japan International Cooperation...
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766
Saudi’s Morni startup raises $9.1 million to grow its roadside assistance platform
Morni, a startup based in Riyadh, has raised $9.1 million in a Series B round led by Saudi investment company G Square...
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1.7K
Pakistani startup Integry raises $1 million pre-seed
Integry, a Pakistani startup has closed a $1 million pre-seed round from technology leaders at WhatsApp, LinkedIn, Microsoft, Google, Cisco, Lyft, and...
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1.4K
Female fitness startup AimFit raises $1 million to scale across Pakistan
Pakistani female fitness startup AimFit has raised $1 million in a seed round led by Indus Valley Capital, a Pakistan-focused VC fund...
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867
UNICEF to fund Google-select Pakistani startup WonderTree
UNICEF has added a Pakistani startup WonderTree to Innovative Fund 2020 after Google selected it for the Sustainable Development Goals program. The...
