Lahore, Pakistan — Accelerate Prosperity, an initiative of the Aga Khan Development Network (AKDN), has announced an investment in KalPay, a Shariah-compliant fintech platform focused on expanding access to affordable and inclusive credit for Pakistan’s underbanked communities. Operating nationwide from Lahore, KalPay is redefining access to financing for everyday needs through two core verticals: KalPay […]
Islamabad: The government has launched the Prime Minister’s Cloud Program for Startups, a new initiative aimed at helping Pakistan’s technology startups adopt, optimize, and scale using cloud infrastructure. The one-year program is being implemented by Ignite – National Technology Fund under the Ministry of Information Technology and Telecommunications (MoITT). It is designed to reduce early-stage […]
ISLAMABAD: Alfalah Investments, a leading Pakistani asset management company, and LMKR, a global technology and innovation enabler, have joined forces to launch a first-of-its-kind angel investment fund aimed at accelerating early-stage, tech-driven entrepreneurship in Pakistan. Announced on Thursday, the initiative represents a significant shift toward a coordinated, institutionalised model of venture creation in the country—moving […]
Pakistan-based wedding technology startup Shadiyana has raised $800,000 in pre-seed funding, led by Indus Valley Capital (IVC), to accelerate platform development and bring greater structure to the country’s sprawling Rs. 900 billion wedding industry. Shadiyana has rapidly emerged as a leading player in Pakistan’s wedding-tech space, with over 500,000 users, 600+ vendors, and 30,000 weddings […]
SINGAPORE, Nov. 10, 2025 – Farmdar, an agritech company that uses AI and space technologies for sustainable, climate-resilient agriculture, today announced that it has raised funding from ADB Ventures, the venture capital arm of the Asian Development Bank. This strategic investment and long-term partnership will allow Farmdar to accelerate deployment of its AI and precision agriculture product to farmers, […]
Fintech startup ZAR secures $12.9M led by a16z to expand access to dollar-backed stablecoins for Pakistan’s unbanked through local kiosks and remittance agents. Dollar Access for the Unbanked Fintech startup ZAR has raised $12.9 million in a funding round led by Andreessen Horowitz (a16z), with participation from Dragonfly Capital, VanEck Ventures, Coinbase Ventures, and Endeavor […]
Bahrain, Manama – [28-09-2025]: Ajyad Capital, a leading investment management firm licensed by the Central Bank of Bahrain (CBB), has announced a new strategic partnership with prime global brokerage EXANTE which extends Ajyad’s global reach, providing investors with exposure to a wide range of financial instruments in international markets, through its upcoming digital investment platform. Commenting on the […]
Pakistan-based mobility startup BusCaro has secured $2 million in fresh funding to scale its tech-driven daily commute services for students and corporate employees across major cities. The latest round, led by Daman Investments with participation from Cartography Capital, Epic Angels, Wahed Ventures, Accelerate Prosperity, and angel investors, brings Buscaro’s total funding to $3.5 million. Founded […]
Ajyad Capital, a leading Shari’ah-compliant investment firm established in Bahrain and licensed by the Central Bank of Bahrain since 2003, today announced a strategic partnership with Ratings Intelligence, a UK-based provider of Shari’ah advisory services. This collaboration will integrate advanced Shari’ah-compliance technology into Ajyad Capital’s upcoming fully digital trading application, made for investors throughout the […]
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has introduced a new category of Venture Capital Fund, titled “Angel Fund”, aimed at channeling investments into early-stage startups. In a notification issued on Monday, the SECP announced amendments to the Private Fund Regulations, 2015, to create the new structure. The Angel Fund is defined as […]