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in BusinessUdhaar Book raises $6 million in seed funding
The Pakistani cashflow service provider, Udhaar Book, has raised $6 million in early funding to digitize Kiryana stores that still largely operate using manual registers. Despite the growing increase of cashless societies in today’s world, Pakistan still remains mostly a cash-based economy, being home to about 30 million small and medium – scale enterprises that deal with cash. This […] More
- in Business
20 startups from Punjab to participate in Dubai expo
Raja Yassir Humayun, Punjab minister for higher education and IT, held a press conference detailing the participation of startups from Punjab participating in Expo 2020 Dubai. According to the press conference, Punjab’s startup ecosystem will be showcased under the theme “startup and innovation”. During the conference, details on the startup portal, through which the respective […] More
- in Business
500 Global interested in supporting tech start-ups in Pakistan
500 Global is a renowned venture firm having more than $1.8 billion in assets under management. They focus primarily on markets where technology, innovation and capital are prominent and can “unlock long term value and drive economic growth”. 500 Global maintains an extensive portfolio including 33 companies valued at over $1 billion, and have recently […] More
- in Business
Zarya raises $1.7 million in pre – seed round
Zarya, a B2B ecommerce company has raised 1.7 million Dollars, in pre-seed round led by Raed Ventures. Fatima Gobi Ventures, U.S.- based Class 5 Global and Global Founders Capital also participated. Zarya provides a platform for housewives to source and sell products, providing services for the entire process, from sourcing to delivery. The concept behind the […] More
- in Business
COLABS aims to build a community of 100,000 members
COLABS, Pakistan’s fastest growing workplace is aiming to build Pakistan’s largest community of entrepreneurs and freelancers through the provision of coworking spaces, events and educational programs. Since its inception in 2019, by brothers Omar and Ali Shah, COLABS has garnered approximately 700 members and expects to add a further 400 members with the launch of […] More
- in Business
Tazah raised USD 2 million in pre – seed round
Tazah, a Lahore based business, founded by the former Careem executives, Abrar Bajwa and Mohsin Zaka, has raised USD 2 million in pre-seed round. Ratio Ventures, Walled City Co., i2i Ventures, Suya Ventures, Globibest, Afropreneur Syndicate, +92 Ventures, Sunu Capital, Musha Investments and Mezan Foods, participated in the seed round. The start–up seeks to solve inefficiencies in the agricultural supply chain of Pakistan by utilizing a managed marketplace […] More
- in Business
BearPlex makes it to the list of Clutch's Top B2B Companies
Clutch, the leading ratings and reviews platform for IT, marketing, and business service providers announced BearPlex as one of the top B2B business providers in Pakistan. BearPlex provides full-cycle software engineering outsourcing services, from ideation to finished products, helping companies grow in the competitive digital world. Founded in 2015, by Hamad Pervaiz, this award […] More
- in Business
Rider raises USD 2.3 million in seed round
Rider, a Karachi – based E-commerce logistics startup, has raised USD 2.3 million in a seed round led by venture capital firm Global Founders, Fatima Gobi ventures and Asian Development Bank. According to a press release, TPL E-Ventures and Transhold also participated in the deal. The B2B2C service, founded by Salman Allana and launched in […] More
- in Business
Customers’ Growing Dissatisfaction with MCB
MCB has long been subjected to customer complaints regarding their online banking system. According to various online reviews, the most common complaint about the mobile app is its user-unfriendliness, slow speed and continuous crashes. Recently there have also been allegations that the debit card applications have been going amiss- a conduct unheard of for a […] More
- in Business
Daraz gets digital streaming rights for 2021-22 cricket season
Daraz has been given exclusive live streaming rights for the entirety of the upcoming bilateral international cricket season by the Pakistan Cricket Board (PCB). The upcoming season, which will start on September 17 with the first ODI between Pakistan and New Zealand at Pindi Cricket stadium, Rawalpindi, is set to be one of the country’s […] More
- in Business
TruKKer,a digital freight network, acquires Pakistan’s TruckSher
TruKKer, a digital freight network operating in the MENA region, recently acquired the Pakistani startup TruckSher, in order to further expand its operations. TruKKer is a company that uses technology to increase the efficiency of road freight and logistics operations across multiple markets, including the UAE, Saudi Arabia, and Egypt. The company serves more than […] More
- in Business
Dukan.pk and TPL Trakker enter into partnership
Dukan.pk, an e-commerce platform, has partnered with TPL Trakker, Pakistan’s leading IoT company, in order to optimize its services and further facilitate its users. Dukan.pk enables small business owners and entrepreneurs to create their own web stores using their app and benefit from the scope provided by e-commerce, allowing them to expand their consumer base […] More
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