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Startups

In KPK, online delivery service Darewro has quietly become a household name

PESHAWAR: Back in 2013, when Khyber Pakhtunkhwa (KPK) was experiencing a wave of terrorism and established ...

Updated 16 May, 2022 12:41pm

World

Dubai launches $100m Venture Debt Fund for Startups

Comes into effect in June and will provide capital to small- and medium-startup projects

Published 28 Apr, 2022 06:27pm

Business & Finance

Philip Morris’s innovation programme with startups ends

KARACHI: Philip Morris (Pakistan) Limited’s innovation program with local startups concludes with an exhilarating...

Published 14 Apr, 2022 04:55am

BR Research

On listing SMEs and other small companies

The Securities and Exchange Commission of Pakistan (SECP) has eased the eligibility requirement for the investors of...

Published 13 Apr, 2022 08:03am

Technology

Electronic Money Institutions: here is a list of all SBP-authorised EMIs in Pakistan

As Pakistan adopts digital payments, the financial sector has been abuzz with new players looking to enter the ...

Updated 10 Apr, 2022 01:35am

Technology

Q1CY22: Pakistan's startups carry on with fund-raising momentum

Deal Flow Tracker by Invest2Innovate shows $165 million raised across 15 deals in just three months

Published 02 Apr, 2022 10:10pm

Technology

Careem Pay gets SBP’s In-Principle Approval for EMI licence

Careem says fintech affiliate plans to invest $50mn to leapfrog the fintech ecosystem in Pakistan

Published 30 Mar, 2022 03:55pm

Technology

Lahore-based COLABS raises $3mn in early funding

Will use funds to expand to other cities

Updated 26 Mar, 2022 11:54am

Technology

Pakistan’s B2B startup Jugnu says it has raised $22.5mn

Series A round is led by MENA-based B2B startup Sary

Published 24 Mar, 2022 02:43pm

Technology

Karachi-based Bazaar secures $70mn in Series B round

Startup wants to expand operations into more cities and launch new products

Updated 15 Mar, 2022 05:49pm

Life & Style

US small-screen series explore the drama of startups

NEW YORK: As the founders of massive startups like Theranos, WeWork and Uber fall from grace, their failures have...

Published 14 Mar, 2022 06:00am

Technology

Karachi-based Truck It In raises another $13mn in early-stage funding

Seed round is largest for logistics startup in MENA, Pakistan

Published 04 Feb, 2022 12:08pm

Technology

Lahore-based Taro raises $3.5mn in pre-seed funding

Will look to provide easy access to credit to all Pakistanis, allowing increased access to e-commerce outlets

Published 19 Jan, 2022 03:15pm

Technology

Pakistan's startups in 2021: $350mn raised across 81 deals

Pakistan’s startup sector witnessed the best year in 2021, as 81 deals worth $350 million were made, according to ...

Updated 04 Jan, 2022 05:31pm

Business & Finance

India’s year of the unicorn: Startups in spotlight of 2021 tech boom

MUMBAI: Sumit Gupta has had a big year — turning 30, getting married and seeing his startup become one of ...

Published 03 Jan, 2022 06:42am

Pakistan

Pakistan can benefit from Dubai’s ‘structured’ approach to boosting startups

KARACHI: Business in general, and startups in particular, love to set up shop in Dubai. And why wouldn’t they? It...

Updated 24 Dec, 2021 09:59am

Business & Finance

Companies Amendment Bill, 2021: Recent amendments to improve general business climate

ISLAMABAD: The recent amendments carried out through the Companies Amendment Bill, 2021 would significantly promote...

Published 22 Dec, 2021 06:13am

Business & Finance

Karachi-based startup Krave Mart grabs $6mn in early funding

Grocery startup that promises 10-minute delivery will use amount to expand to other cities

Updated 15 Dec, 2021 02:34pm

Technology

Pakistan's fashion e-commerce startup Clicky raises $2.4mn in pre-Series A funding

The latest investment adds up to the previous funding of $700,000 raised by the startup in December 2020

Updated 08 Dec, 2021 11:48am

BR Research

Startups: What’s beyond funding

The risk-return tradeoff that links high risk with high reward fits well for entrepreneurship and startups. Where...

Published 14 Oct, 2021 07:30am

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

US regulators wary of Big Tech swallowing startups

SAN FRANCISCO: US anti-trust regulators signalled Wednesday greater scrutiny of Big Tech giants' smaller...

Published 20 Sep, 2021 05:23am

Technology

Pakistan’s BridgeLinx, a digital freight platform, raises $10mn in seed round

This is the country's largest seed capital investment
Plans to utilise the latest funds to expand operations

Published 14 Sep, 2021 01:52pm

Business & Finance

Karachi-based Bazaar Technologies raises $30mn in Series A round

In yet another development for Pakistan's startup ecosystem, Karachi-based Bazaar Technologies, a...

Updated 24 Aug, 2021 12:50pm

Business & Finance

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

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

Published 22 Jun, 2021 06:39pm

Technology

Pakistan's Jugnu raises $3.2m from Systems Limited

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

Published 15 Jun, 2021 05:49pm

Business & Finance

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

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

Published 14 Jun, 2021 03:35pm

Business & Finance

Pakistan’s Dawaai raises $8.5 million amid expansion plans

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

Updated 10 Jun, 2021 01:15pm

Business & Finance

Pakistan's Abhi raises $2m in seed investment

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

Published 07 Jun, 2021 06:19pm

Technology

Three Pakistani tech cos win GSMA grant

The winner startups include Vceela, Knowledge Platform, and Orenda Pakistan.

Published 03 Jun, 2021 03:14pm

Gainers
Losers
Leaders

Stock	Price
B. F. Mod. / May 19 B.F. Modaraba(BFMOD)	6.00 ▲ 1.00 (20.00%)
Pak Gulf Leasing / May 19 Pak-Gulf Leasing Company Limited(PGLC)	6.00 ▲ 1.00 (20.00%)
Silk Bank Ltd / May 19 Silkbank Limited(SILK)	1.24 ▲ 0.16 (14.81%)
Paramount Mod / May 19 First Paramount Modaraba(FPRM)	8.00 ▲ 1.00 (14.29%)
Service Textile / May 19 Service Industries Textiles Limited(SERT)	10.90 ▲ 0.90 (9.00%)
Ruby Tex. / May 19 Ruby Textile Mills Limited(RUBY)	4.00 ▲ 0.30 (8.11%)
Aisha Steel Mill / May 19 Aisha Steel Mills Limited(ASL)	11.85 ▲ 0.86 (7.83%)
First Imrooz Mod. / May 19 First Imrooz Modaraba(FIMM)	134.38 ▲ 9.37 (7.50%)
Janana D Mal / May 19 Janana De Malucho Textile Mills Limited(JDMT)	55.04 ▲ 3.84 (7.50%)
Sapphire Textile / May 19 Sapphire Textile Mills Limited(SAPT)	1004.55 ▲ 70.05 (7.50%)

Stock	Price
East West Ins. / May 19 East West Insurance Company Limited(EWIC)	77.07 ▲ -12.49 (-13.95%)
Pak. P.V.C. / May 19 Pakistan PVC Limited(PPVC)	4.32 ▲ -0.42 (-8.86%)
Trust Mod. / May 19 Trust Modaraba(TRSM)	1.66 ▲ -0.14 (-7.78%)
Crescent Cotton / May 19 Crescent Cotton Mills Limited(CCM)	46.25 ▲ -3.75 (-7.50%)
Gatron Ind. / May 19 Gatron (Industries) Limited(GATI)	415.10 ▲ -33.65 (-7.50%)
AL-Noor Sugar / May 19 Al-Noor Sugar Mills Limited(ALNRS)	61.86 ▲ -5.01 (-7.49%)
Frontier Ceram / May 19 Frontier Ceramics Limited(FRCL)	29.60 ▲ -2.39 (-7.47%)
S.G.Power / May 19 S.G. Power Limited(SGPL)	4.45 ▲ -0.35 (-7.29%)
Imperial Limited / May 19 Imperial Limited(IML)	13.95 ▲ -1.06 (-7.06%)
Pace (Pak) Ltd. / May 19 Pace (Pakistan) Limited(PACE)	2.99 ▲ -0.22 (-6.85%)

Stock	Volume
Ghani Glo Hol / May 19 Ghani Global Holdings Limited(GGL)	15,051,376 ▼ 0.00
WorldCall Telecom / May 19 Worldcall Telecom Limited(WTL)	13,323,000 ▼ 0.00
Silk Bank Ltd / May 19 Silkbank Limited(SILK)	13,067,500 ▼ 0.00
Telecard Limited / May 19 Telecard Limited(TELE)	9,576,000 ▼ 0.00
Cnergyico PK / May 19 Cnergyico PK Limited(CNERGY)	7,490,536 ▼ 0.00
Fauji Cement / May 19 Fauji Cement Company Limited(FCCL)	6,985,000 ▼ 0.00
Unity Foods Ltd / May 19 Unity Foods Limited(UNITY)	6,435,098 ▼ 0.00
Engro Polymer / May 19 Engro Polymer & Chemicals Limited(EPCL)	5,808,622 ▼ 0.00
Pak Int.Bulk / May 19 Pakistan International Bulk Terminal(PIBTL)	5,229,500 ▼ 0.00
Pak Elektron / May 19 Pak Elektron Limited(PAEL)	5,056,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 19	199.00
USD PKR Interbank Buying / May 19	198.80
USD to Japanese Yen / May 19	128.45
USD to Swiss Franc / May 19	0.99
Pound Sterling to USD / May 19	1.23
Euro to USD / May 19	1.05
UK LIBOR % / May 19	0.82

Stock	Volume
S&P 500 / May 19	3923.68
India Sensex / May 19	54208.53
Tokyo Nikkei / May 19	26205.29
Nasdaq / May 19	11418.16
Hang Seng / May 19	20041.14
FTSE 100 / May 19	7438.09
Dow Jones / May 19	31490.07
Germany DAX 30 / May 19	14007.76
France CAC40 / May 19	6352.94

Item	Value
Crude Oil / May 19	110.10
Karachi Cotton Assoc. / May 19	21180.00
Gold 10 Grams / May 19	113300.00
Gold Spot / May 19	1815.89
Cotton / May 19	128.99

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