Rider, a Pakistani logistics firm, announced on Monday that it has raised $3.1 million in a funding round led by numerous investors, bringing the total amount raised to $5.4 million since September 2021. YCombinator led the round, with i2i […]
Anmol Network, the provider of a multichain Metaverse gateway focusing on simplicity of use and accessibility, has raised $1 million in seed finance lead by AU21 Capital, with strategic participation from MEXC Global Exchange, YBB Foundation, Lotus Capital, HG […]
Paymob, an Egyptian B2B merchant financial services platform, raised $50 million in a Series B fundraising round, increasing the company’s total capital to $68.5 million. The deal, Egypt’s largest fintech Series B, was headed by Kora Capital, PayPal Ventures, […]
In the past, Pakistani startup culture had a shady reputation. People were only familiar with a few successful companies. However, in recent years, the top Pakistani businesses have been introduced. Additionally, the popularity of these businesses grew as they […]
The Indus Entrepreneurs (TiE) Islamabad has launched a programme financed by the American Embassy in Islamabad to send nine Pakistani women entrepreneurs to the United States this week. The Accelerator Program for Women Entrepreneurs is an unique training programme […]
On Thursday, it was announced that MEDZnMORE had raised $11.5 million in a pre-Series A fundraising round, making it the largest such deal for any health-tech business in Pakistan. Integra Partners, Nunc Gestion, Sturgeon Capital, and Alta Semper are […]
Markaz Technologies, an Islamabad-based Y-Combinator-backed firm, has received $2.4 million in seed funding from Indus Valley Capital. Angel investors like Kyane Kassiri of Suya Fund and leaders from Careem, Deloitte, Amazon, and Gojek will also participate in the round. […]
Syed Amin-ul-Haque, the Minister of Information Technology and Telecommunication, said that 272 entrepreneurs had graduated from Ignite’s National Incubation Centre (NIC), with a total financial commitment of Rs. 8 billion and cumulative revenue of Rs. 3 billion. In the […]
Dr. Saira Siddique has become the first solo female creator of a Pakistani firm, medIQ, that has raised $1.8 million in pre-seed capital. In Pakistan, women-led firms have only raised 3% of overall investment for the startup ecosystem in […]
Abhi Pvt., a Karachi-based finance firm, has raised $90 million in capital within a year of launching. The firm recently raised $17 million in a Series A financing sponsored by Speedinvest. The venture capital firm’s first investment in Pakistan […]
