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in Success StoriesDarazMall Awards 2021 winners announced by Daraz
Daraz is looking to celebrate the annual achievements of the brands housed on its platform through the instatement of the DarazMall Awards, which recently awarded many such businesses with various accolades for their 2021 iteration. The awards included major consumer product categories such as Food and Beverage, Electronics, Beauty and Personal Care, and Household. Notable […] More
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in Success StoriesmKhata, a fintech startup, secures pre-seed funding
mKhata, a Lahore-based startup, recently launched its bookkeeping app, after procuring pre-seed funding from 10Pearls Ventures. mKhata or mobile khata is essentially a free digital ledger that aims to help the MSME sector in particular, by allowing such businesses to manage their credit, send automated collection reminders through SMS and Whatsapp and make real-time data-based […] More
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in Success StoriesBazaar raises record $30 million in Series A funds
Bazaar, a Karachi-based B2B ecommerce marketplace, recently raised a record $30 million, the largest Series A round among Pakistani startups to date. The round was led by Defy Partners and Wavemaker Partners, with the additional involvement of Acrew Capital, Saison Capital, Zayn Capital, B&Y Venture Partners, a Silicon Valley-based growth fund, Indus Valley Capital, Global […] More
Airlift raises record $85 million in Series B funding
Airlift, a Lahore-based startup, recently raised a record $85 million, making it not only the biggest funding round for a Pakistani startup, but also the largest Series B raised by a startup in the Middle East, North Africa and Pakistan. Airlift was founded in 2019 by Usman Gul, Ahmed Ayub and Meher Farrukh, and is […] More
XpertFlow, a Pakistani startup, receives pre-seed funding
XpertFlow, a Pakistani startup and NIC alumnus, recently received pre-seed funding worth an undisclosed amount. The pre-seed round was led by Expara Asia Ventures (EAV), a Singapore-based Venture Capital fund. XpertFlow, founded in 2018, is a tech company that is looking to revolutionize the healthcare industry through its innovative deep tech product offerings, which include […] More
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in Success StoriesEdge, a US-based startup, enables job creation in Pakistan
Edge, a US-based startup, recently revealed that through their operations in Pakistan, they have enabled the creation of jobs, with more than 200 jobs generated over the course of just 1 year. Edge is a startup that was founded in January 2020 by Iffi Wahla, who is a Pakistani-American entrepreneur based in California. The startup […] More
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in Success StoriesDevNation, a Pakistani startup, receives seed funding
DevNation, a Pakistani startup, recently closed its angel round which was led by CrossFund, and gained investment worth upwards of a five figure amount. Multiple investors joined the round, including Benjamin C., Davide Calì, Jeffrey C., Katherine Lui, Javier Sabas, Marcos Parada, Corrado Licata, Giuseppe Tomasello, Sherif Nessim, and Hassan Mughis. DevNation is an online […] More
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in Success StoriesSimpliFi, a cards as a service platform, launched
SimpliFi, a cards as a service platform, recently launched for the Middle East, North Africa and Pakistan. The Dubai-headquartered company also recently garnered investment from a seed round led by Saudi Arabia’s Raed Ventures with the additional involvement of Rally Cap Ventures, and Riyadh-based Sukna Ventures. SimpliFi was founded in 2020 by Ali Sattar, who […] More
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in Business, Entrepreneurs, Success StoriesDukan reaches milestone with 100,000 Ecommerce stores on its app
Dukan, a Pakistani e-commerce startup, recently reached a new milestone in its entrepreneurial journey with 100,000 e-commerce stores set up by small businesses on its mobile app. This achievement is even more impressive considering the fact that the startup has only been operational for five months. Dukan is a free e-commerce app that allows budding […] More
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in Business, Entrepreneurs, Success StoriesMarham, a Pakistani healthtech, raises $1 million seed
Marham, a Pakistani healthtech, recently raised $1 million in a seed round led by Indus Valley Capital. Marham was founded in 2015 by Ehsan Imam and Asma Omer, and initially functioned as a platform people could use to book doctor’s appointments. Since then it has grown into a much larger and more holistic healthcare operation […] More
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in Success StoriesDastgyr, a Pakistani fintech, raises $3.5 million seed
Dastgyr, a Karachi-based fintech, recently raised $3.5 million in a seed round led by SOSV, bringing the total amount of funds procured by them to $4 million, including a previous round in July 2020. Dastgyr is a Business-to-Business (B2B) e-commerce marketplace, founded in 2020 by Muhammad Owais Qureshi and Zohaib Ali, that aims to revolutionize […] More
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in Success StoriesJagahOnline seeks to innovate the Pakistani real estate industry
Pakistan’s already burgeoning real estate industry is now further enhanced by the addition of technology to the business model, which is what JagahOnline is all about. JagahOnline is a free, fair and direct listing digital marketplace that can be used for real estate services and products. The company is home to countless properties which users […] More