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Startups

‘Pitch2Fork’: Startups from Pakistan, India & BD showcase their initiatives

LAHORE: Entrepreneurs across Pakistan, India and Bangladesh recently presented their initiatives to a panel of...

Published 16 May, 2024 06:28am

BR Research

Startups in misery?

Pakistan’s startup landscape largely led by tech startups in terms of both funding and growth has made significant...

Published 05 Apr, 2024 09:39am

Technology

Google Cloud announces ‘startup competition’

KARACHI: Google Cloud has launched its Startup Competition Pakistan 2024, which aims to unearth the nation’s most...

Published 05 Apr, 2024 04:50am

BR Research

Interview with Qazafi Qayyum, CEO - TenX

‘Adoption of AI much faster among startups than large organisations’ Qazafi Qayyum is Chief Executive Officer of...

Published 15 Mar, 2024 08:58am

Business & Finance

Investors, startups: PTBA urges SECP to update guidelines, remove procedural snags

KARACHI: The Pakistan Tax Bar Association (PTBA) has requested the Securities and Exchange Commission of Pakistan...

Published 08 Feb, 2024 05:02am

Markets

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

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

Updated 03 Feb, 2024 08:44pm

Technology

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

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

Published 31 Jan, 2024 03:00pm

Pakistan

Youths urged to focus on start-ups

FAISALABAD: Youth must exploit their capabilities to explore new horizons instead of treading on the beaten tracks,...

Published 20 Jan, 2024 05:18am

Pakistan

Caretaker govt formally launches ‘Pakistan Startup Fund’

Will aim to invest up to Rs2bn a year in startups

Updated 09 Jan, 2024 10:26pm

BR Research

Startup ecosystem 2023

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

Published 03 Jan, 2024 09:01am

Pakistan

Pakistan’s startup funding falls 77.2% in 2023

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

Published 01 Jan, 2024 04:59pm

Technology

Pakistan startup Sehat Kahani announces $2.7mn Series A round

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

Updated 21 Dec, 2023 10:18pm

Business & Finance

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

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

Updated 21 Dec, 2023 10:03am

Business & Finance

Dubai Chambers attracts 101 digital startups in 2023

Dubai looks to 'activate role of private sector as key driver of sustainable economic growth'

Published 06 Dec, 2023 04:16pm

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

In Dubai, Dr Umar Saif was a man with a few ‘missions’

Caretaker IT minister believes establishment of ‘Pakistan Startup Fund’ will help attract VCs to country

Updated 20 Oct, 2023 08:36am

Technology

Pakistani companies at GITEX ‘hungry for growth’: Systems Limited CEO

DUBAI: Pakistan is one of the “fastest growing hidden treasures in IT” and its companies, including those exhibiting...

Published 19 Oct, 2023 05:10am

Technology

LabCentral – enabling biotech ideators in a cost-effective manner

Shared laboratory spaces enable nascent startups intitate working on their ideas at a significantly lower cost than...

Updated 14 Oct, 2023 01:26am

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

Pakistan

SAU announces financial assistance for start-ups to graduates

HYDERABAD: 8 different student societies will be established at Sindh Agriculture University (SAU), along with...

Published 04 Oct, 2023 06:20am

Pakistan

USAID, ERDA organise 2-day training workshop for women entrepreneurs

PESHAWAR: The United States Agency for International Development (USAID) and Economic Recovery and Development...

Published 02 Oct, 2023 06:33am

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

Pakistan

Minister for setting up govt backed VC Fund

ISLAMABAD: The Federal Minister for Information Technology and Telecommunication, Dr Umer Saif, envisaged setting up...

Published 21 Sep, 2023 06:08am

Pakistan

USAID Mission delegates meet minister: ‘Venture capital fund being set up for global investors

ISLAMABAD: “A venture capital fund is being set up for global investors with government assistance, which will...

Published 15 Sep, 2023 06:31am

Business & Finance

SECP restructures RSB, allowing applicants to apply throughout the year

ISLAMABAD: In order to broaden outreach, the SECP has restructured its Regulatory Sandbox (RSB) from a cohort-based...

Published 15 Sep, 2023 06:31am

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

Technology

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

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

Updated 09 Sep, 2023 04:52pm

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 23	278.42
USD PKR Interbank Buying / May 23	278.22
USD to Japanese Yen / May 23	156.74
USD to Swiss Franc / May 23	0.91
Pound Sterling to USD / May 23	1.27
Euro to USD / May 23	1.08

Stock	Volume
S&P 500 / May 22	5307.01
Nasdaq / May 22	16801.54
FTSE 100 / May 22	8370.33
Dow Jones / May 22	39671.04
Germany DAX 30 / May 22	18680.20
France CAC40 / May 22	8092.11
India Sensex / May 23	74667.86
Tokyo Nikkei / May 23	39034.80

Item	Value
Karachi Cotton PKR/37.32 KG / May 22	19935
Gold 10 Grams PKR / May 22	212791
Petrol/Litre / May 23	273.10
Crude Oil USD/Barrel / May 23	76.94
Gold Spot USD/Ounce / May 23	2362.37
Diesel/Litre / May 23	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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