Topic

startup investment

Electric motorcycles: Zyp Technologies announces $1.5mn Series Pre-A funding

Updated 23 Jul, 2024 02:18pm

Zyp Technologies, which operates in the energy and electric motorcycle assembly space, announced on Tuesday that it...

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...

Startups crucial to keeping economy on investors’ radar: Paismo co-founder Rebecka Zavaleta

Published 21 Sep, 2023 06:50am

KARACHI: Startups across the world may be struggling, but in Pakistan’s case, there is an added trouble – its...

With aim to enable electric motorcycles in Pakistan, Zyp Technologies announces $1.2mn seed round

Updated 12 Sep, 2023 05:01pm

Startup’s assembly plant is based in Lahore where it has capacity to produce 8,000 electric motorcycles a year

In developing countries, local businesses should step up to fund startups: US-based expert

Updated 09 Sep, 2023 04:52pm

BOSTON, MASSACHUSETTS: Pakistan’s startup ecosystem is going through a difficult phase and it is being reflected in...

Looking to tackle outdated HR functions, Pakistan’s Paismo announces raising $1.3mn in seed round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

'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

Pakistani e-commerce platform PriceOye announces $7.9mn in seed funding

Updated 30 Aug, 2022 08:31pm

PriceOye is a managed marketplace, similar to JD.com in China, where consumers can purchase consumer electronic products

Pakistan’s Trivzia raises $400,000 in seed round

Published 22 Jun, 2021 06:39pm

Startup hopes to expand user base, grow its team and strengthen its platform using funds from 47 Ventures

Pakistan's Jugnu raises $3.2m from Systems Limited

Published 15 Jun, 2021 05:49pm

B2B ecommerce marketplace aims to use funds to expand in a highly competitive market

Pakistan’s GrocerApp raises $5.2 million in Series A round

Published 14 Jun, 2021 03:35pm

Plans on using investment to boost current operations and expand to Karachi

Pakistan’s Dawaai raises $8.5 million amid expansion plans

Updated 10 Jun, 2021 01:15pm

Hopes to use recent investment to grow its infrastructure expansion and technology

Pakistan's Abhi raises $2m in seed investment

Published 07 Jun, 2021 06:19pm

Karachi-based fintech raises sum for its salary advance platform in a seed round led by Vostok Emerging Finance
Abhi will be the second Pakistani fintech to join Y Combinator’s next batch after TAG

Pakistan's Tajir raises $17m in Series A round

Updated 03 Jun, 2021 03:05pm

Lahore-based B2B e-commerce marketplace will use investment to expand to Karachi

CreditBook raises $1.5M Seed investment to scale users and product offerings

Published 04 May, 2021 07:48pm

Pakistani Fintech CreditBook that helps micro-entrepreneurs digitise and track their transactions raised $1.5 million in seed funding.
CreditBook plans on using this new investment to scale its users and product offering as well as hire the best talent nationally and internationally.

Pakistan's trucking marketplace Truck It In raises $1.5M in pre-seed

Published 13 Apr, 2021 02:48pm

Pakistan's Truck It In raised one of the largest pre-seed investments of $1.5 million in the Middle East, North Africa & Pakistan region for its trucking marketplace.

Pakistan-based fintech SadaPay raises $7.2M in seed

Updated 31 Mar, 2021 01:27pm

SadaPay closes the largest seed round of $7.2 million ever raised by a startup in Pakistan.

Remotebase Raises $1.4M in Seed to help Pakistani engineers get global exposure

Published 09 Mar, 2021 08:23pm

The Pakistan-based startup Remotebase raised $1.4 million in a seed round.
Remotebase aims to help Pakistani engineers get global exposure and hopes to turn Pakistan into a global tech hub by hiring, training and then placing engineers in Silicon Valley based startups.

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.

SBP Modernizes Foreign Exchange Regulations to facilitate Startups, Fintechs & Exports

Updated 10 Feb, 2021 09:56pm

The State Bank of Pakistan (SBP) has notified revisions in chapter 20 of the Foreign Exchange Manual to modernize foreign exchange regulations for facilitating startups, fintechs and exports in Pakistan.

Startup Investment Rise to $77M in Pakistan

Published 21 Jan, 2021 07:27pm

Startup investments in Pakistan increased by 97 percent in 2020 as compared to 2019, according to data from MAGNiTT's 'State of Startup Funding - 2021 Emerging Venture Markets' Report.
The number of startup deals in Pakistan also went up by 45% this year as opposed to the general downward trend in the MENA region.

Pakistan's Retail Startup Unity Retail Raises Six-figure Seed Funding

Published 18 Jan, 2021 12:17pm

Pakistan's e-commerce retail solution startup, Unity Retail, has successfully raised a six-figure Seed funding round in US dollars led by Boston Equity Partners.
Unity Retail hopes to use this investment for further marketing and product development.

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 20	316.15
Diesel/Litre / Jul 20	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

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