Topic

airlift

Airlift co-founder's new startup Metal secures strategic investment

Updated 02 Jun, 2026 01:17pm

Airlift co-founder Usman Gul's new startup, Metal, secures strategic investment from Rebel Fund, a top VC backing Y Combinator's best

Startups in Pakistan: where shutdowns kill competition

Published 06 Jul, 2023 03:16pm

The past few quarters have proved to be horrendous for Pakistan’s startup sector with the country experiencing major...

Edkasa: the startup using TikTok to spark students' love for learning

Published 27 Oct, 2022 05:31pm

Founder says startup is ‘opposite of Airlift’ when it comes to making a little funding go a long way

Startups and their founders: a new normal for all

Updated 28 Sep, 2022 09:55am

Last year was a breakout one for Pakistan’s startup sector. More than 80 deals were disclosed and around $350...

After failure, you must reset yourself: Airlift's co-founder Ahmed Ayub

Published 08 Sep, 2022 10:02pm

At IBA event, startup founders and corporate leaders discuss Pakistan's startup landscape

'Pakistan’s startup ecosystem needs a few $100mn exits'

Published 06 Sep, 2022 11:58pm

Ali Samir Oosman, MD of Endeavor Pakistan, says this will result in massive multiplier effect

Bykea announces venturing into car ride-hailing

Published 26 Aug, 2022 08:01pm

Posts new product offering in social media post on Friday

CarFirst announces shutdown of operations in Pakistan

Updated 20 Aug, 2022 11:16am

Says team will remain in place to handle closing of the entity, and to respond to queries from partners and customers throughout the closing period

Pakistan's DealCart announces it has raised $4.5mn in pre-seed funding

Updated 28 Jul, 2022 05:16pm

Company has a 'buy together and save together' model, which allows users to buy in groups, as well as share deals on messaging platforms and social media

Posterchild of Pakistan's startups: Airlift announces complete shutdown

Published 13 Jul, 2022 02:08am

Company says it will ensure all of its employees are 'sufficiently protected' with two months of payroll, setting up platform for job placement, and creating support systems for aspiring entrepreneurs

With Morinaga partnership, Airlift opens up platform intelligence on q-commerce

Published 05 Jul, 2022 05:19am

KARACHI: As the market leader in q-commerce in Pakistan, Airlift has amassed significant market intelligence on user...

Pakistan’s startups raise $103mn in April-June, amount 40% lower on quarterly basis

Updated 02 Jul, 2022 08:51pm

As per Invest2Innovate's deal flow update, 'if you’re a business that bleeds a ton of money without any path to profitability, 2021 may have been your year, but certainly not 2022'

Pakistan’s Bykea raises $10mn in fresh funding from existing backers

Published 27 Jun, 2022 04:03pm

Plans to use capital to enhance and extend its offerings in mobility and fulfillment services for consumers and SMEs as well as leveraging its fleet for unique fintech use cases like COD, cash-pickup services, or verification services

Vitol-backed VavaCars announces shutting down Pakistan operations

Published 23 Jun, 2022 09:21pm

The company notified raising $50mn last year to expand operations in Pakistan and Turkey

From Moody's to Miftah: in case you missed Thursday's developments, here is a rundown

Published 03 Jun, 2022 12:50am

Pakistan's economy has been the centre of attention for several months with inflation readings, hike in interest...

Airlift: trouble in startup paradise?

Updated 30 May, 2022 03:43pm

Airlift Technologies, the startup that in August 2021 raised a whopping $85 million in a fundraising round, last ...

Karachi-based Bazaar secures $70mn in Series B round

Updated 15 Mar, 2022 05:49pm

Startup wants to expand operations into more cities and launch new products

Karachi-based Truck It In raises another $13mn in early-stage funding

Published 04 Feb, 2022 12:08pm

Seed round is largest for logistics startup in MENA, Pakistan

Karachi-based Bazaar Technologies raises $30mn in Series A round

Thirteen young Pakistanis have made it to the Forbes 30 Under 30 list this year.
The list includes startup founders and young innovators like Hamza Jawaid, Saad Jangda, Muhammad Owais Qureshi, Zohaib Ali, Iman Jamall, Hasib Malik, Yaseen Khalid, M. Saquib Malik, Nabeel Siddiqui, Misha Japanwala, Abdullah Siddiqui, Shayan Mahmud, and Hannia Zia.

Indus Valley Capital raises $17.5M in its debut fund to invest in Pakistani startups

Updated 01 Mar, 2021 12:55pm

Indus Valley Capital (IVC) raises $17.5 million in its debut fund to invest in early-stage Pakistani startups.
While the target size of the fund was $15 million, it was oversubscribed with over 75 individual investors from all around the globe.

Pakistani startups likely to see largest growth of funding in 2021: Report

Published 12 Jan, 2021 02:21pm

The report predicted that in 2021, Pakistan is likely to see the largest growth rate of total funding as it continues its strong growth trajectory.

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 27	278.06
USD PKR Interbank Buying / Jul 27	277.86
USD to Japanese Yen / Jul 28	163.75
USD to Swiss Franc / Jul 28	0.82
Pound Sterling to USD / Jul 28	1.33
Euro to USD / Jul 28	1.14
SOFR % / Jul 27	3.64

Stock	Volume
S&P 500 / Jul 27	7,413.18
Nasdaq / Jul 27	24,932.08
FTSE 100 / Jul 27	10,781.75
Dow Jones / Jul 27	52,210.08
Germany DAX 30 / Jul 27	25,361.03
France CAC40 / Jul 27	8,406.06
India Sensex / Jul 28	76,916.26
Tokyo Nikkei / Jul 28	62,078.15
Hang Seng / Jul 28	25,254.48

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 27	18,480
Gold 10 Grams PKR / Jul 27	370,144
Petrol/Litre / Jul 28	334.18
Crude Oil USD/Barrel / Jul 28	82.05
Gold Spot USD/Ounce / Jul 28	4,040.61
Diesel/Litre / Jul 28	386.83
Cotton US¢/pound / Jul 28	80.50

Gainers
Losers
Leaders

Stock	Price
Azgard Nine (Non-Voti) / Jul 28 Azgard Nine (Non-Voti)(ANLNV)	8.94 ▲ 0.93 (11.61%)
Khalid Siraj / Jul 28 Khalid Siraj Textile Mills Limited(KSTM)	14.80 ▲ 1.35 (10.04%)
Intermarket Securities / Jul 28 Intermarket Securities Limited(IMS)	26.79 ▲ 2.44 (10.02%)
First Tri-Star Mod. / Jul 28 First Tri-Star Modaraba(FTSM)	37.96 ▲ 3.45 (10%)
Khairpur Sug. / Jul 28 Khairpur Sugar Mills Limited(KPUS)	1,337.15 ▲ 121.56 (10%)
National Silk / Jul 28 The National Silk & Rayon Mills Limited(NSRM)	304.10 ▲ 27.65 (10%)
Ellcot Spinning / Jul 28 Ellcot Spinning Mills Limited(ELSM)	146.72 ▲ 13.34 (10%)
Aisha Steel(ConPS) / Jul 28 Aisha Steel(ConPS)(ASLPS)	29.27 ▲ 2.66 (10%)
786 Invest Ltd / Jul 28 786 Investments Limited(786)	23.45 ▲ 2.13 (9.99%)
Asim Textile / Jul 28 Asim Textile Mills Limited(ASTM)	28.84 ▲ 2.62 (9.99%)

Stock	Price
Olympia Mills / Jul 28 Olympia Mills Limited(OML)	140.34 ▼ -15.59 (-10%)
TPL Insurance / Jul 28 TPL Insurance Limited(TPLI)	72.29 ▼ -8.03 (-10%)
Nets Internat.Comm. / Jul 28 Nets International Communication Limited(GEMNETS)	23.50 ▼ -2.5 (-9.62%)
Trust Sec.& Brok. / Jul 28 Trust Securities & Brokerage Limited(TSBL)	2.38 ▼ -0.22 (-8.46%)
Pakistan Credit Rating Agency / Jul 28 The Pakistan Credit Rating Agency Ltd(GEMPACRA)	33 ▼ -3.02 (-8.38%)
ARM Green Industries / Jul 28 ARM Green Industries Limited(ARMG)	63.50 ▼ -5.42 (-7.86%)
Gulshan Sp. / Jul 28 Gulshan Spinning Mills Limited(GSPM)	5.92 ▼ -0.47 (-7.36%)
First IBL Mod. / Jul 28 First IBL Modaraba(FIBLM)	15.67 ▼ -1 (-6%)
Asia Ins. / Jul 28 Asia Insurance Company Limited(ASIC)	46.50 ▼ -2.96 (-5.98%)
JS Investments / Jul 28 JS Investments Limited(JSIL)	43.05 ▼ -2.62 (-5.74%)

Stock	Volume
Cnergyico PK / Jul 28 Cnergyico PK Limited(CNERGY)	195,502,629 ▲ 0.48
WorldCall Telecom / Jul 28 Worldcall Telecom Limited(WTL)	56,785,049 ▼ -0.03
Trust Sec.& Brok. / Jul 28 Trust Securities & Brokerage Limited(TSBL)	27,998,422 ▼ -0.22
Pak Refinery / Jul 28 Pakistan Refinery Limited(PRL)	26,474,367 ▲ 4.14
Ghani Chem. Ind. / Jul 28 Ghani Chemical Industries Limited(GCIL)	18,689,512 ▲ 1.36
Maple Leaf Cement / Jul 28 Maple Leaf Cement Factory Limited(MLCF)	18,406,313 ▲ 1.44
TPL Corp Ltd / Jul 28 TPL Corp Limited(TPL)	18,354,280 ▲ 0.34
Intermarket Securities / Jul 28 Intermarket Securities Limited(IMS)	14,546,282 ▲ 2.44
K-Electric Ltd. / Jul 28 K-Electric Limited(KEL)	8,906,908 ▲ 0.01
Fauji Cement / Jul 28 Fauji Cement Company Limited(FCCL)	8,455,464 ▼ -0.04

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