Trends - Startups - Business Recorder

Startups

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

Technology

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

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

Updated 03 Jun, 2021 03:05pm

Business & Finance

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

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.

Published 04 May, 2021 07:48pm

Technology

Kamyab Jawan says no subsidiary offering counselling to startups

As per details, the Kamyab Jawan spokesperson informed that a firm named Idea Gist is offering training courses to young students and aspiring entrepreneurs using the name of Kamyab Jawan-Startup Pakistan.

Published 04 May, 2021 10:23am

Technology

Expert urges entrepreneurs to come up with solution to Pakistan’s problems

Sharing his views about the entrepreneurial journey and ecosystem he emphasized, “For a start-up to be successful, it has to interact with different players in the ecosystem, including mentors, faculty and other start-ups to ignite their passion, and that’s the objective here.”

Published 24 Apr, 2021 10:48am

Pakistan

13 Young Pakistanis Make it to the Forbes 30 Under 30

Thirteen young Pakistanis have made it to the Forbes 30 Under 30 list this year.
The list includes startup founders and young innovators like Hamza Jawaid, Saad Jangda, Muhammad Owais Qureshi, Zohaib Ali, Iman Jamall, Hasib Malik, Yaseen Khalid, M. Saquib Malik, Nabeel Siddiqui, Misha Japanwala, Abdullah Siddiqui, Shayan Mahmud, and Hannia Zia.

Published 23 Apr, 2021 07:54pm

Business & Finance

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

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.

Published 13 Apr, 2021 02:48pm

Pakistan

Property & other assets: SECP allows startups to raise capital

ISLAMABAD: With the foremost aim to support entrepreneurship and improve business climate for small businesses,...

Published 01 Apr, 2021 04:10am

Business & Finance

Pakistan-based fintech SadaPay raises $7.2M in seed

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

Updated 31 Mar, 2021 01:27pm

Business & Finance

Major amendments made in Income Tax (Second Amendment) Act, 2021

A number of amendments have been made into the act, Section 64C and 65C have been omitted, and after Section 65E, Section 65F and Section 65G have been inserted.

Published 12 Mar, 2021 04:14pm

Business & Finance

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

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.

Published 09 Mar, 2021 08:23pm

Technology

Indus Valley Capital raises $17.5M in its debut fund to invest in Pakistani startups

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.

Updated 01 Mar, 2021 12:55pm

Technology

Pakistan’s IoT to power Mr. Mahir‘s Handyman Marketplace

Following the partnership, TPL Trakker’s Location Based Service (LBS) APIs will power Mr. Mahir’s handyman services platform.

Published 25 Feb, 2021 01:01pm

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

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

Business & Finance

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

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.

Updated 10 Feb, 2021 09:56pm

Technology

TPL Trakker to Power Lahore based Ride Hailing Services

Following the partnership, TPL Trakker’s Location Based Service (LBS) APIs, will power B4U Cab’s Ride Hailing Mobile Apps for consumers and cab drivers.
The Lahore-based B4U Cabs aims to expand operations throughout the country.

Published 03 Feb, 2021 11:52am

World

Israel-UAE partnership launches $100 million tech investment fund

Liquidity Capital, an Israeli fund management company has joined with Vault Investment, a Dubai-based company, to launch a $100 million debt investment fund.
The Dubai-based fund will target technology startups in the region, especially those looking for alternative sources of funding.

Updated 25 Jan, 2021 01:35pm

BR Research

Startup Investment Rise to $77M in Pakistan

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.

Published 21 Jan, 2021 07:27pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	278.52
USD PKR Interbank Buying / Apr 25	278.32
USD to Japanese Yen / Apr 25	155.60
USD to Swiss Franc / Apr 25	0.91
Pound Sterling to USD / Apr 25	1.25
Euro to USD / Apr 25	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
Nasdaq / Apr 24	15712.75
Dow Jones / Apr 24	38460.92
India Sensex / Apr 25	73780.80
Tokyo Nikkei / Apr 25	37628.48
Hang Seng / Apr 25	17264.90
FTSE 100 / Apr 25	8077.84
Germany DAX 30 / Apr 25	17994.97

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Petrol/Litre / Apr 25	293.94
Crude Oil USD/Barrel / Apr 25	83.02
Gold Spot USD/Ounce / Apr 25	2325.45
Diesel/Litre / Apr 25	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

Startups

Most Popular