Trends - startup - Business Recorder

startup

Dubai’s AI blueprint can be ‘roadmap for wider region’

Dubai has recently unveiled a strategy for Artificial Intelligence (AI), an annual initiative aimed at leveraging...

Updated 16 May, 2024 07:05am

Pakistan

‘Startup and Entrepreneurial Boot Camp’ organised

PESHAWAR: KUBIC, the business incubation center of KMU, collaborated with 3Majors Pvt Ltd organised a dynamic...

Published 26 Feb, 2024 05:07am

Pakistan Startup Fund launched

ISLAMABAD: Pakistan on Tuesday launched the first-ever “Pakistan Startup Fund” (PSF) aimed at catalyzing venture...

Updated 10 Jan, 2024 08:59am

Technology

CodeNinja secures $1.6mn investment led by sAi Venture Capital

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

Updated 05 Dec, 2023 10:10pm

Business & Finance

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

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

Updated 30 Nov, 2023 10:28am

Technology

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

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

Updated 24 Nov, 2023 10:23am

Pakistan

Pakistan Startup Fund: DCO will help expand investor network: Minister

ISLAMABAD: The Digital Cooperation Organization (DCO) will help expand the investor network for the upcoming ...

Published 22 Nov, 2023 05:48am

Markets

Pakistani ecommerce logistics startup Rider looking to acquire BlueEx

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

Updated 05 Oct, 2023 04:17pm

Technology

Sehrish Raza wins ‘She Loves Tech Pakistan 2023’ competition

KARACHI: The leading non-profit tech startup CIRCLE, in collaboration with HBL, proudly announces the victor of the...

Published 03 Oct, 2023 06:02am

Technology

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

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

Published 21 Sep, 2023 06:50am

Technology

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

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

Updated 12 Sep, 2023 05:01pm

Business & Finance

'She Loves Tech' competition empowers women entrepreneurs

LAHORE: ‘She Loves Tech’, a global startup and tech competition dedicated to empowering women entrepreneurs, was...

Published 02 Sep, 2023 06:58am

Technology

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

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

Updated 22 Aug, 2023 09:42am

Technology

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

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

Updated 19 Jul, 2023 07:37pm

Technology

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

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

Updated 15 Jul, 2023 05:19pm

Business & Finance

‘Pakistan needs to adopt global approach towards building startups’

ISLAMABAD: Pakistan needs to adopt a global approach towards building startups and training founders in the global...

Published 11 Jul, 2023 06:08am

Technology

Pakistan’s startup funding suffers massive fall in April-June

Funding attained by Pakistani startups on a quarterly basis fell to the lowest level in three years during...

Published 04 Jul, 2023 12:06pm

Business & Finance

‘Third party communication’: Bykea apologises for ‘inappropriate messaging’

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

Updated 13 Jun, 2023 03:49pm

Business & Finance

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

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

Published 01 Jun, 2023 05:38pm

Business & Finance

Correction needed in Pakistan startups’ business model: Rider CEO Salman Allana

Company founder says offering discounts means you are not confident that your product is solving a real problem

Updated 05 May, 2023 07:07pm

Business & Finance

First time in three years: no startup deal for Pakistan in April 2023

Fall seen due to global downturn in funding and it is not exclusive just to Pakistan

Published 01 May, 2023 10:45pm

Business & Finance

Trucking startup Trella to cease operations in Pakistan: report

Trucking startup Trella will wind down its business in Pakistan, reported Bloomberg on Thursday, citing two people...

Updated 13 Apr, 2023 06:24pm

Business & Finance

Pakistan’s startup funding recovers in first quarter of 2023

Pakistan’s startup funding increased 55% to $23.1 million in the first quarter of calendar year 2023 compared to the...

Published 02 Apr, 2023 10:49pm

Business & Finance

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

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

Updated 24 Mar, 2023 08:17pm

Business & Finance

IGI Life Insurance to launch pension fund with Mahaana Wealth as investment advisor

IGI Life Insurance is set to launch a pension fund in partnership with Mahaana Wealth, Pakistan’s first digital...

Published 22 Mar, 2023 04:15am

Technology

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

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

Published 18 Mar, 2023 08:27pm

Technology

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

Funding takes its total capital raised to $4.9mn

Published 16 Mar, 2023 01:33pm

Business & Finance

Pakistan to produce a unicorn by 2025: Endeavor Managing Partner Allen Taylor

Says 20 unicorns are possible in the country by 2030

Updated 12 Mar, 2023 02:29pm

Pakistan

Pakistan’s fintech Trukkr says it has raised $6.4mn in seed funding

KARACHI: Trukkr, a fintech platform for Pakistan’s trucking industry, said on Tuesday it had raised $6.4 million in...

Published 07 Mar, 2023 04:22pm

Technology

Pakistan’s 'sustainable fashion' platform Swag Kicks raises $1.2mn seed funding

Swag Kicks, which calls itself a sustainable fashion platform for Millennials and Gen-Z Pakistanis, announced on...

Updated 16 Feb, 2023 04:18pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 27	278.43
USD PKR Interbank Buying / May 27	278.23
USD to Japanese Yen / May 28	157.24
USD to Swiss Franc / May 28	0.91
Pound Sterling to USD / May 28	1.28
Euro to USD / May 28	1.08

Stock	Volume
S&P 500 / May 28	5306.04
India Sensex / May 28	75170.45
Tokyo Nikkei / May 28	38790.40
Nasdaq / May 28	17019.88
Hang Seng / May 28	18612.70
FTSE 100 / May 28	8254.18
Dow Jones / May 28	38852.86
Germany DAX 30 / May 28	18677.87

Item	Value
Karachi Cotton PKR/37.32 KG / May 27	19935
Crude Oil USD/Barrel / May 28	80.12
Gold 10 Grams PKR / May 28	206018
Gold Spot USD/Ounce / May 28	2358.18
Cotton US¢/pound / May 28	78.80
Petrol/Litre / May 29	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 29 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 29 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 29 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 29 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 29 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 29 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 29 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 29 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 29 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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