Trends - funding - Business Recorder

funding

Pakistan’s health-tech startup Healthwire raises $3.3mn

Startup intends to use funding to fuel growth

Updated 30 Dec, 2021 03:43pm

Technology

Lahore-based Tazah raises $4.5mn in fresh funding

Amount goes up to $6.5 million in pre-seed round, which is more than the total investment in all other agritech startups combined, the company says

Updated 22 Dec, 2021 07:10pm

Technology

Pakistan's Abhi raises funds at $40-million valuation

Amount of funds raised not disclosed

Published 15 Nov, 2021 11:52am

Business & Finance

KSA financial assistance has nothing to do with IMF negotiations, says Tarin

Advisor to the Prime Minister on Finance and Revenue says talks with IMF are in final phase, will be successfully concluded

Updated 27 Oct, 2021 06:09pm

Technology

Unilever-backed startup raises one of Pakistan's largest early stage funding

Quick delivery-based Munchies announces $2.5-million pre-seed investment

Updated 06 Oct, 2021 11:52am

Technology

Pakistan’s fintech Oraan raises $3m

Pakistan's fintech Oraan has raised $3 million in the largest seed funding closed by a local women-led startup,...

Updated 27 Sep, 2021 03:43pm

Technology

Pakistan's fintech TAG gets $12mn funding at $100mn valuation

Pakistan’s fintech TAG Innovation Pvt. received $12 million from international investors, as it eyes to enhance ...

Published 22 Sep, 2021 03:42pm

Technology

Pakistan's edtech startup Maqsad raises $2.1 million in pre-seed funding

Pakistan's Maqsad, an edtech platform, has become the latest in the string of local startups to raise multi-million...

Updated 20 Sep, 2021 12:48pm

World

World Bank passes $4 bln milestone in funding for COVID-19 vaccines

The World Bank's vaccine financing package can be used by countries to buy vaccine doses through COVAX, the new African Vaccine Acquisition Task Team (AVATT) or other sources.

Published 01 Jul, 2021 12:25am

Technology

Pakistan’s farming solution provider secures funding

The fresh investment will be used by the company to promote its product development and roll-out the first generation of its IoT based intelligent system

Published 16 Feb, 2021 11:00am

Editorials

PTI foreign funding mystery deepens

EDITORIAL: It’s becoming something of a trend that every now and then some surprising, and some not so surprising,...

Published 13 Feb, 2021 04:11am

Technology

Pakistani Tech Startup VINNCORP secures six figure initial investment

VINNCORP, established in November 2017 by two former batch mates of FAST Karachi, with a background experience in leading companies like Microsoft HQ, Salesforce HQ, VMware and Oracle

Published 12 Feb, 2021 10:59am

Technology

Reddit to double its workforce after raising $250M

Reddit to grow its workforce by 100% over the course of this year after raising $250 million in a new funding round.

Updated 09 Feb, 2021 04:58pm

Technology

Just after GameStop frenzy, Reddit raises over $250mn in funding

“We have raised more than $250 million in Series E funding from existing and new investors. We decided that now was the right opportunity to make strategic investments in Reddit including video, advertising, consumer products, and expanding into international markets,” the company announced in a blog post.

Published 09 Feb, 2021 12:16pm

World

UAE significantly slashed funding for Palestinian refugee agency in 2020

The United Arab Emirates drastically reduced funding to the United Nations Agency for Palestinian Refugees (UNRWA) in 2020, as it signed a U.S-brokered normalisation accord with Israel.
The Gulf state contributed $51.8 million to the refugee agency in 2018 and 2019, but it reduced that contribution by an unprecedented margin in 2020, down to a mere $1 million.

Updated 08 Feb, 2021 10:25am

Business & Finance

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

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.

Published 12 Jan, 2021 02:21pm

World

Israel, UAE working together to eliminate UN aid agency for Palestine refugees: Report

The move will allow Abu Dhabi to promote Israel's long-standing demand that UNRWA is obstructing peace
US President Donald Trump cut off US funding to UNRWA in 2018 which severely impacted the agency’s ability to provide aid and health services to Palestinian refugees in the Gaza Strip

Published 28 Dec, 2020 12:46pm

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Losers
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Stock	Price
Power Cem(Pref) / Jan 20 Power Cement (Pref)(POWERPS)	10.75 ▲ 0.76 (7.61%)
Premier Sugar / Jan 20 The Premier Sugar Mills(PMRS)	531.82 ▲ 37.10 (7.50%)
Khairpur / Jan 20 Khairpur Sugar Mills Limited(KPUS)	65.84 ▲ 4.59 (7.49%)
Masood Textile / Jan 20 Masood Textile Mills Limited(MSOT)	46.28 ▲ 3.22 (7.48%)
Nagina Cot. / Jan 20 Nagina Cotton Mills Limited(NAGC)	87.00 ▲ 5.99 (7.39%)
Janana D Mal / Jan 20 Janana De Malucho Textile Mills Limited(JDMT)	75.87 ▲ 4.97 (7.01%)
Oilboy Energy / Jan 20 Oilboy Energy Limited(OBOY)	22.00 ▲ 1.38 (6.69%)
Next Capital / Jan 20 Next Capital Limited(NEXT)	10.97 ▲ 0.50 (4.78%)
PICIC Ins.Ltd. / Jan 20 PICIC Insurance Limited(PIL)	1.22 ▲ 0.04 (3.39%)
Kot Addu Power / Jan 20 Kot Addu Power Company Limited(KAPCO)	33.80 ▲ 0.91 (2.77%)

Stock	Price
Jauharabad Sug / Jan 20 Jauharabad Sugar Mills Limited(JSML)	20.70 ▲ -2.40 (-10.39%)
Kohinoor Power / Jan 20 Kohinoor Power Company Limited(KOHP)	4.51 ▲ -0.39 (-7.96%)
Netsol Tech. / Jan 20 NetSol Technologies Limited(NETSOL)	98.33 ▲ -7.97 (-7.50%)
Jah.Sidd. Co. / Jan 20 Jahangir Siddiqui & Co. Ltd.(JSCL)	15.48 ▲ -1.25 (-7.47%)
Metro Steel / Jan 20 Metropolitan Steel Corporation Limited(MSCL)	24.80 ▲ -1.85 (-6.94%)
Pace (Pak) Ltd. / Jan 20 Pace (Pakistan) Limited(PACE)	4.02 ▲ -0.29 (-6.73%)
Khurshid Spinning / Jan 20 Khurshid Spinning Mills Limited(KHSM)	9.50 ▲ -0.68 (-6.68%)
Kohinoor Spining / Jan 20 Kohinoor Spinning Mills Limited(KOSM)	4.02 ▲ -0.27 (-6.29%)
KASB Mod / Jan 20 KASB Modaraba(KASBM)	2.14 ▲ -0.14 (-6.14%)
Pak Gen.Ins. / Jan 20 The Pakistan General Insurance Co. Ltd.(PKGI)	4.67 ▲ -0.28 (-5.66%)

Stock	Volume
TRG Pak Ltd / Jan 20 TRG Pakistan Limited(TRG)	20,116,729 ▼ 0.00
WorldCall Telecom / Jan 20 Worldcall Telecom Limited(WTL)	18,767,000 ▼ 0.00
Telecard Limited / Jan 20 Telecard Limited(TELE)	16,343,000 ▼ 0.00
Cnergyico PK / Jan 20 Cnergyico PK Limited(CNERGY)	9,808,705 ▼ 0.00
Ghani Glo Hol / Jan 20 Ghani Global Holdings Limited(GGL)	6,497,000 ▼ 0.00
Hub Power Co. / Jan 20 The Hub Power Company Limited(HUBC)	5,915,755 ▼ 0.00
Hascol Petrol / Jan 20 Hascol Petroleum Limited(HASCOL)	5,569,000 ▼ 0.00
Avanceon Ltd / Jan 20 Avanceon Limited(AVN)	4,360,549 ▼ 0.00
Octopus Digital / Jan 20 Octopus Digital Limited(OCTOPUS)	4,114,500 ▼ 0.00
Al-Shaheer Corp / Jan 20 Al Shaheer Corporation Limited(ASC)	3,998,000 ▼ 0.00

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