Uplift AI, a Pakistan-based voice technology startup, has raised $3.5 million in seed funding as it looks to expand voice-first AI products and create thousands of local jobs. The round was led by Y Combinator, the Silicon Valley accelerator behind […]
The rise of startups in Pakistan brought hope for innovation and economic growth. However, many promising ventures have shut down. What causes these failures? We will explore the downfall of 4 notable Pakistani startups. By examining their journeys, we will […]
Maqsad, a Karachi-based edtech startup, has raised $2.8 million in a seed round, it announced today. Speedinvest, one of the largest seed funds in Europe, is leading this generation, and includes contributions from Indus Valley Capital, Stellar Capital, Alter […]
According to the company’s official press release, Waada, an online insurance startup based in Karachi, has purchased a rival firm to become the largest insurance-tech startup in Pakistan. Across an all-stock buyout, the business has acquired MicroEnsure Pakistan, a […]
ezBike, a vertically integrated electric mobility startup, said today that it has raised $1 million in pre-seed finance to help Pakistan migrate to electric vehicles. i2i Ventures, Walled City, GroundUp, and significant angel investors in the United States, including […]
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. […]
The initial investment in the first half of 2021 was US$128 million, the highest level in any six months on record. According to investment consulting firm AlphaBetaCore, seed funding from January to June exceeds the sum of funds raised in […]
Pakistan’s B2B e-commerce market Tajir successfully raised US$17 million in a round of financing led by the US venture capital firm Kleiner Perkins. Fatima Gobi Ventures, Y Combinator Continuity Fund, Golden Gate, and other companies including AAVCF, Flexport, VentureSouq Liberty […]
Pakistan is one of the countries with the fastest growing middle-class population in the world, with 4G subscribers increasing by 720% in the past five years. In January 2021, during the Covid-19 pandemic, the country registered 100 million Internet connections, […]
OLX Pakistan conducted a online entrepreneurship training. The training was arranged for 28 business startups based in Peshawar from Wednesday, April 22 to Friday, April 24, 2020. The majority of startups who attended the online training sessions were with National […]
