Latest UPDATES
Latest UPDATES
SehatKahani, a startup in the Pakistani healthcare industry, was just included in Forbes’ 100 Companies to Watch list. Forbes has hand-selected a few of the most successful startups in the Asian-Pacific markets for this list. This time, the Forbes list placed a strong emphasis on the health sector, which explains the inclusion of SehatKahani. Each […]
A startup firm from Lahore named CarFirst is the most recent in Pakistan to announce the closure of all of its operations. On Friday, CarFirst posted on its LinkedIn page that it had “chosen to cease operations in Pakistan.” 365 workers who have listed CarFirst as their employer on the platform for professional networking and […]
Pakistan-based B2B warehousing and distribution startup Oware has bagged $3.3 million in pre-seed investment spherical. Oware is a new supply chain startup that first entered the Pakistani market last year and the company plans to offer scalable and tech-driven warehousing and distribution for B2B and retail through a connected network of fulfillment centers and third-party […]
According to Pakistan Bureau of Statistics (PBS), 5.5 million jobs have been created in Pakistan over the last three years as a result of the country’s economic boost and increased local manufacturing of cars, mobile phones, and other commodities. These jobs creations and employments are significant as the country and the entire world was severely […]
Pakistani startups have raised a total of $563.5 million in 255 deals since 2015, with $350 million raised via 83 deals in 2021 alone and $136 million raised so far this year. Over the last few years, Pakistan’s economy has been hit by growing inflation, COVID, supply chain disruptions, and high energy prices. However, in a […]
B2B marketplace Bazaar aims to digitize Pakistan’s retail via e-commerce, fintech, and last-mile supply chain solutions. Bazaar has raised $70 million Series B fundraising after the B2B marketplace netted $30 million in largest Series A round in Pakistan in August of last year. The latest round was led by two investors, Dragoneer Investment Group and Tiger Group. […]
GoZayaan, an online travel agency (OTA) startup in Bangladesh, announced that it has acquired Pakistani travel-tech company FindMyAdventure. The terms of the deal were not disclosed, however, several media reports suggest that FindMyAdventure has been bought in a $3.5 million deal. The South Asian online travel agency, currently focused on Bangladesh has been looking to […]
NayaPay, a Pakistan-based fintech platform, has raised $13 million in one of the largest seed rounds in South Asia. Bringing together a diverse mix of leading global institutional and angel investors, the round was led by Zayn Capital, global fund manager MSA Novo and early-stage VC Graph Ventures from Silicon Valley. Pakistani fintech firm, Taro […]
Karachi-based trucking startup Truck It In has announced raising a $13 million seed round, which is by far the largest raised by a logistics startup in Pakistan. The seed round was jointly led by venture capital firms Global Founders Capital and Fatima Gobi Ventures. The round also saw participation from Wamda, Picus Capital, Millville, Graph Ventures, Zayn […]
Pakistan-based e-commerce enabler Brandverse has closed a multi-million dollar seed round led by the JS Group, according to an announcement. The round was joined by seed investors, regional family offices, and operator angels. The startup has also appointed a co-founder and managing director: Faizan Siddiqi, the former COO of Karachi-based logistics operator TCS Holdings. With the fresh fund, […]