Topic

Pakistan startup sector

Pakistan’s LAAM Technologies raises $5.5mn seed funding

Updated 13 Dec, 2024 11:02pm

KARACHI: Pakistan-based technology-driven fashion startup, LAAM Technologies has successfully raised $5.5 million in...

Ecosystem report: amid dwindling startup funding, i2i looks to offer insights

Published 13 Dec, 2024 06:29am

KARACHI: Invest2-Innovate (i2i) released on Thursday the fourth edition of its Pakistan Startup Ecosystem Report...

COLABS announces raising $2mn in pre-Series A funding

Published 24 Oct, 2024 09:00am

Pakistan’s workplace platform COLABS announced on Thursday that it has raised $2 million in a pre-Series A round led...

Govt approves BridgeStart to facilitate Pakistani startups incubation

Published 10 Feb, 2024 04:24pm

The interim government has approved a new program BridgeStart, to facilitate Pakistani startup incubation and...

Delivery startup Krave Mart sees change in buying behaviour amid inflation spike

Updated 03 Feb, 2024 08:44pm

Pakistanis are opting for cheaper brands, be it cooking oil, hand wash, or soaps, as inflation has caused...

Pakistan Startup Fund to start receiving applications from March: Dr Umar Saif

Published 31 Jan, 2024 03:00pm

The Pakistan Startup Fund (PSF), launched to facilitate startup investment, will commence accepting funding...

Y Combinator-backed Elevate enters Pakistan, aims to resolve freelancers’ payment woes

Updated 22 Jan, 2024 10:52pm

Offers services alternative to platforms such as Wise and Payoneer

Caretaker govt formally launches ‘Pakistan Startup Fund’

Updated 09 Jan, 2024 10:26pm

Will aim to invest up to Rs2bn a year in startups

Startup ecosystem 2023

Published 03 Jan, 2024 09:01am

The year 2021 was a defining moment for tech firms, with significant global expansion. The trend continued through...

Pakistan’s startup funding falls 77.2% in 2023

Published 01 Jan, 2024 04:59pm

Total amount stood at $75.6mn against $332.4mn in 2022

Pakistan startup Sehat Kahani announces $2.7mn Series A round

Updated 21 Dec, 2023 10:18pm

Sehat Kahani, a Pakistani health-tech startup, announced on Thursday that it has closed a $2.7-million Series A...

After expanding to Bangladesh and UAE, Pakistani startup Abhi has plans for ‘further growth’

Updated 21 Dec, 2023 10:03am

Founder Omair Ansari praises Dubai International Financial Centre, and Abu Dhabi Global Market for support along the way

CodeNinja secures $1.6mn investment led by sAi Venture Capital

Updated 05 Dec, 2023 10:10pm

LAHORE: CodeNinja, a technology solutions provider, has secured an investment of $1.6 million led by sAi Venture...

Too big to ignore: this partner at Dubai-based VC firm has a ‘long-term view’ on markets like Pakistan

Updated 30 Nov, 2023 10:28am

Sacha Haider, who sees 5-10 pitchdecks a week from different markets, believes UAE and Dubai’s B2G model is perfectly viable for Pakistan as well

Startup founders: why this Pakistani couple moved to Dubai after setting up Metric

Updated 24 Nov, 2023 10:23am

Meenah Tariq and Omar Parvez Khan set up Metric in 2022 - an app that simplifies accounting and finance for...

Voyage Freight raises $1mn in pre-seed funding

Updated 13 Nov, 2023 03:05pm

Voyage Freight, which says its Pakistan’s first digital freight forwarder, has secured over $1 million in pre-seed...

Pakistan’s Krave Mart raises funds as it eyes profitability next year: report

Published 11 Nov, 2023 01:54pm

Krave Mart, a grocery delivery startup, has raised Pakistan’s third-largest funding round for the year, reported...

Pakistani ecommerce logistics startup Rider looking to acquire BlueEx

Updated 05 Oct, 2023 04:17pm

KARACHI: Pakistani ecommerce logistics startup Rider, backed by YCombinator, is looking into acquiring BlueEx, the...

Abhi’s valuation grew to $90m in two years

Updated 23 Aug, 2023 09:45am

KARACHI: Pakistan’s financial startup Abhi’s valuation grew to $90 million during the last two years and became one...

Looking to tackle outdated HR functions, Pakistan’s Paismo announces raising $1.3mn in seed round

Updated 22 Aug, 2023 09:42am

KARACHI: Pakistan’s HR tech startup Paismo on Tuesday announced it has raised $1.3 million in a seed round, which...

‘Asset-light’: startup Jugnu, after raising $22.5mn in 2022, scales back operations

Updated 19 Jul, 2023 07:37pm

Jugnu, which pitched itself as a B2B ecommerce startup and announced a fund-raise of $22.5 million in March 2022,...

After raising $11.5mn last year, MedznMore says it has shut operations

Updated 15 Jul, 2023 05:19pm

Co-founder says company in talks 'with a few large players who have shown interest in buying its technology and brand, Tabiyat.pk'

Experts call for addressing challenges to spur IT growth in Pakistan

At around mid-day on Tuesday, Bykea users received two unfortunate notifications

Pakistan’s automotive care startup Okayker Secures $700,000 in seed funding

Published 01 Jun, 2023 05:38pm

Company says multiple angel investors have taken interest in its fund-raising

Pakistan’s logistics startup Trax says it has raised $3.7mn in seed funding

Updated 24 Mar, 2023 08:17pm

Company aims to use investment to accelerate growth of logistics services, introduction of new business verticals

Pakistan to miss IT export target unless human talent is developed: VP Emeritus

Published 18 Mar, 2023 08:27pm

IT exports stand at mere $1.52 billion in first seven months of fiscal year 2023

Pakistan's edtech startup Maqsad says it has raised $2.8mn in seed funding

Published 16 Mar, 2023 01:33pm

Funding takes its total capital raised to $4.9mn

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 14	278.21
USD PKR Interbank Buying / Jul 14	278.01
USD to Japanese Yen / Jul 15	162.15
USD to Swiss Franc / Jul 15	0.81
Pound Sterling to USD / Jul 15	1.34
Euro to USD / Jul 15	1.14
SOFR % / Jul 14	3.55

Stock	Volume
S&P 500 / Jul 14	7,543.59
Nasdaq / Jul 14	26,107.01
Dow Jones / Jul 14	52,508.27
India Sensex / Jul 15	77,556.34
Tokyo Nikkei / Jul 15	68,353.91
Hang Seng / Jul 15	24,690.32
FTSE 100 / Jul 15	10,503.98
Germany DAX 30 / Jul 15	25,014.54
France CAC40 / Jul 15	8,366.49

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 13	18,080
Gold 10 Grams PKR / Jul 14	363,628
Petrol/Litre / Jul 15	310.71
Crude Oil USD/Barrel / Jul 15	79.69
Gold Spot USD/Ounce / Jul 15	4,030.90
Diesel/Litre / Jul 15	323.30
Cotton US¢/pound / Jul 15	80.61

Gainers
Losers
Leaders

Stock	Price
Tariq Corp. (R) / Jul 15 Tariq Corporation Limited(Right)(TCORPR2)	3.98 ▲ 0.48 (13.71%)
Ittefaq Iron Ind / Jul 15 Ittefaq Iron Industries Limited(ITTEFAQ)	9.79 ▲ 1 (11.38%)
LSE Capital / Jul 15 LSE Capital Limited(LSECL)	7.50 ▲ 0.73 (10.78%)
Dadabhoy Cement / Jul 15 Dadabhoy Cement Industries Limited(DBCI)	14.05 ▲ 1.28 (10.02%)
First Punjab Modaraba / Jul 15 First Punjab Modaraba(FPJM)	13.63 ▲ 1.24 (10.01%)
TPL Insurance / Jul 15 TPL Insurance Limited(TPLI)	54.74 ▲ 4.98 (10.01%)
Cherat Packaging / Jul 15 Cherat Packaging Limited(CPPL)	107.20 ▲ 9.75 (10.01%)
Cresent Jute / Jul 15 Crescent Jute Products Limited(CJPL)	22.88 ▲ 2.08 (10%)
Maqbool Textile / Jul 15 Maqbool Textile Mills Limited(MQTM)	30.80 ▲ 2.8 (10%)
Olympia Mills / Jul 15 Olympia Mills Limited(OML)	93.49 ▲ 8.5 (10%)

Stock	Price
Agritech Non-voting / Jul 15 Agritech Non-Voting Preference(AGLNCPS)	36 ▼ -4 (-10%)
Power Cem(Pref) / Jul 15 Power Cement (Pref)(POWERPS)	23.75 ▼ -2.63 (-9.97%)
Burj Clean Energy Modaraba / Jul 15 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	13.05 ▼ -1.4 (-9.69%)
EMCO Industries / Jul 15 Emco Industries Limited(EMCO)	53.50 ▼ -5.56 (-9.41%)
Invest Bank / Jul 15 Invest Capital Investment Bank Limited(ICIBL)	20 ▼ -1.82 (-8.34%)
Fateh Sports / Jul 15 Fateh Sports Wear Limited(FSWL)	173.59 ▼ -12.09 (-6.51%)
Khairpur Sug. / Jul 15 Khairpur Sugar Mills Limited(KPUS)	2,299.89 ▼ -141.59 (-5.8%)
Prosperity Weav / Jul 15 Prosperity Weaving Mills Limited(PRWM)	69.50 ▼ -4.25 (-5.76%)
Lse Spac-I Ltd. / Jul 15 Lse Spac-I Limited(SPAC1)	15.10 ▼ -0.85 (-5.33%)
Shield Corp. / Jul 15 Shield Corporation Limited(SCL)	750 ▼ -40.1 (-5.08%)

Stock	Volume
K-Electric Ltd. / Jul 15 K-Electric Limited(KEL)	52,097,262 ▼ -0.08
Cnergyico PK / Jul 15 Cnergyico PK Limited(CNERGY)	37,750,019 ▼ -0.08
TPL Properties / Jul 15 TPL Properties Limited(TPLP)	27,820,328 ▲ 1.1
B.O.Punjab / Jul 15 The Bank of Punjab(BOP)	24,382,255 ▲ 0.73
TPL REIT Fund I / Jul 15 TPL REIT Fund I(TPLRF1)	18,204,894 ▲ 0.73
LSE Capital / Jul 15 LSE Capital Limited(LSECL)	15,363,740 ▲ 0.73
F. Nat.Equities / Jul 15 First National Equities Limited(FNEL)	15,330,355 ▲ 0.02
Ghandhara Tyre / Jul 15 Ghandhara Tyre & Rubber Company Limited(GTYR)	14,419,095 ▲ 0.14
Blue-Ex Ltd / Jul 15 Blue-Ex Limited(BLUEX)	12,611,485 ▲ 0.25
TPL Corp Ltd / Jul 15 TPL Corp Limited(TPL)	12,114,703 ▲ 0.95

Pakistan startup sector

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