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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 / Jun 11	278.55
USD PKR Interbank Buying / Jun 11	278.35
USD to Japanese Yen / Jun 12	160.25
USD to Swiss Franc / Jun 12	0.80
Pound Sterling to USD / Jun 12	1.34
Euro to USD / Jun 12	1.16
SOFR % / Jun 11	3.63

Stock	Volume
S&P 500 / Jun 11	7,394.30
Nasdaq / Jun 11	25,809.66
Dow Jones / Jun 11	50,848.75
India Sensex / Jun 12	74,528.22
Tokyo Nikkei / Jun 12	66,442.95
Hang Seng / Jun 12	24,663.39
FTSE 100 / Jun 12	10,463.32
Germany DAX 30 / Jun 12	24,711.94
France CAC40 / Jun 12	8,379.29

Item	Value
Gold 10 Grams PKR / Jun 11	369,422
Petrol/Litre / Jun 12	377.78
Crude Oil USD/Barrel / Jun 12	86.01
Gold Spot USD/Ounce / Jun 12	4,185.86
Diesel/Litre / Jun 12	380.78
Cotton US¢/pound / Jun 12	76.89

Gainers
Losers
Leaders

Stock	Price
Siddiqsons Tin / Jun 12 Siddiqsons Tin Plate Limited(STPL)	8.71 ▲ 1 (12.97%)
Arctic Textile / Jun 12 Arctic Textile Mills Limited(ARCTM)	33.75 ▲ 3.07 (10.01%)
Zephyr Textile / Jun 12 Zephyr Textiles Limited(ZTL)	20.45 ▲ 1.86 (10.01%)
AN Textile Mills / Jun 12 AN Textile Mills Limited(ANTM)	37.02 ▲ 3.37 (10.01%)
Elahi Cotton / Jun 12 Elahi Cotton Mills Limited(ELCM)	285.76 ▲ 25.98 (10%)
National Silk / Jun 12 The National Silk & Rayon Mills Limited(NSRM)	161.26 ▲ 14.66 (10%)
Pak. P.V.C. / Jun 12 Pakistan PVC Limited(PPVC)	28.59 ▲ 2.6 (10%)
Int. Knit. / Jun 12 International Knitwear Limited(INKL)	92.20 ▲ 8.38 (10%)
Fateh Sports / Jun 12 Fateh Sports Wear Limited(FSWL)	88.31 ▲ 8.02 (9.99%)
First Fid. Leasing / Jun 12 First Fidelity Leasing Modaraba(FFLM)	12.91 ▲ 1.17 (9.97%)

Stock	Price
Idrees Tex. / Jun 12 Idrees Textile Mills Limited(IDRT)	50.10 ▼ -5.57 (-10.01%)
Kohat Textile / Jun 12 Kohat Textile Mills Limited(KOHTM)	121.46 ▼ -13.49 (-10%)
Oilboy Energy / Jun 12 Oilboy Energy Limited(OBOY)	19.93 ▼ -2.21 (-9.98%)
Pak Qatar Family / Jun 12 Pak Qatar Family Takaful Limited(PAKQATAR)	22.09 ▼ -2.38 (-9.73%)
ICC Industries / Jun 12 ICC Industries Limited(ICCI)	13.50 ▼ -1.43 (-9.58%)
Pak Agro Pack. (GEM) / Jun 12 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9.45 ▼ -1 (-9.57%)
ARM Green Industries / Jun 12 ARM Green Industries Limited(ARMG)	46.40 ▼ -4.77 (-9.32%)
Crescent Fib. / Jun 12 Crescent Fibres Limited(CFL)	55 ▼ -4.99 (-8.32%)
D.S. Ind. Ltd. / Jun 12 D.S. Industries Limited(DSIL)	11.29 ▼ -0.99 (-8.06%)
Pak Qatar Gen.Takaful / Jun 12 Pak Qatar General Takaful Limited(PQGTL)	15.48 ▼ -1.27 (-7.58%)

Stock	Volume
Kohinoor Spinning / Jun 12 Kohinoor Spinning Mills Limited(KOSM)	57,693,670 ▲ 0.2
B.O.Punjab / Jun 12 The Bank of Punjab(BOP)	52,797,271 ▲ 0.87
Sitara Petroleum Service / Jun 12 Sitara Petroleum Service Limited(SPSL)	52,451,331 ▲ 0.38
WorldCall Telecom / Jun 12 Worldcall Telecom Limited(WTL)	40,500,971 ▲ 0.02
Maple Leaf Cement / Jun 12 Maple Leaf Cement Factory Limited(MLCF)	35,844,548 ▲ 4.19
Oilboy Energy / Jun 12 Oilboy Energy Limited(OBOY)	32,892,948 ▼ -2.21
F. Nat.Equities / Jun 12 First National Equities Limited(FNEL)	27,977,561 ▼ -0.02
TPL Corp Ltd / Jun 12 TPL Corp Limited(TPL)	25,681,006 ▼ -0.51
Pak Int.Bulk / Jun 12 Pakistan International Bulk Terminal(PIBTL)	24,636,697 ▲ 0.25
Waves Home Appliances / Jun 12 Waves Home Appliances Limited(WAVESAPP)	19,979,231 ▲ 0.28

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