A young Pakistani very recently has grabbed the attention of the entire nation as he sold his company, Presize ai to Meta (formerly known as Facebook). Awais Shafique is a young entrepreneur and a NUSTian representing Pakistan on an international level, as he got onboarded by Meta as a Project Continue Reading
Jazz xlr8, Pakistan’s premier accelerator program for startups, has opened registrations for its new cohort of 2022. The program offers mentorship and training at Islamabad’s National Incubation Centre (NIC) for startups looking to scale their businesses. Interested startups can apply on Jazz xlr8’s website. The last date for submissions is Continue Reading
Until a while ago, we had been singing the praise of Pakistani tech startups that seemed to be well on their way to changing the traditional transportation and supply chain ecosystem with their services. Unfortunately, the looming global recession has started to feel more real as major star players in Continue Reading
MedznMore raises Pakistan’s largest Healthtech investment of over $11.5mn in a Pre-Series A round. The company today announced that it has completed its Pre-Series A round marking the largest investment in health tech to date. MedznMore is on a mission to reshape healthcare in Pakistan by increasing the accessibility of Continue Reading
ezBike, a vertically-integrated electric mobility startup, announced today that it has raised $1m in pre-seed capital to accelerate the transition to Electric Vehicles (EVs) in Pakistan. Investors in the round include i2i Ventures, Walled City, GroundUp, and leading angels in the United States, including a prominent tech billionaire. The funds Continue Reading
NayaPay, the first eMoney institution in Pakistan, and StormFiber, the largest fiber broadband service provider in the country, have announced their partnership to accelerate digital payments. StormFiber is one of the fastest growing fiber-optic ISPs with a network spanning across 15 cities and scaling to 25+ cities by the end Continue Reading
Pakistan’s B2B e-commerce startup Jugnu and MENA-based Sary have formed an alliance to transform the future of B2B e-commerce through an initial strategic investment of $22.5 million, accelerating Jugnu’s growth and expansion. This strategic investment in Jugnu’s Series A round, led by Sary with participation from Sarmayacar and Systems Limited, Continue Reading
Rozee.pk, Pakistan’s leading job portal, launches an industry-first dedicated space for VC-funded startups. The traditional model of doing business is quickly undergoing a transformation with the advent of the new digital economy, which is being fuelled by the rise of startups in Pakistan. These innovative, ground-breaking, and agile companies are Continue Reading
Led by Hamza Jawaid and Saad Jangda, Bazaar is B2B e-commerce & fintech startup that is headquartered in Karachi, Pakistan. In a Series B round, the startup has managed to raise a whopping total of $70 million led by Dragoneer Investment Group and Tiger Global. This successful investment comes just Continue Reading
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 Continue Reading
