Palo Alto, California – October 4, 2024Farmdar, an agritech startup leveraging AI and space technologies to optimize agricultural productivity, has successfully raised a pre-Series A funding round led by Silicon Valley-based venture capital firm, Moment Ventures. The round also saw participation from existing investor Indus Valley Capital. This marks the first Silicon Valley-led investment in…
Karachi, Pakistan – September 24, 2024 – Qist Bazaar, Pakistan’s leading Buy Now Pay Later (BNPL) fintech platform, has successfully raised $3.2 million in its Series A funding round, led by Indus Valley Capital. The round also saw participation from Gobi Partners, a prominent Asia-focused venture capital firm managing assets worth $1.6 billion. Bank Alfalah, one…
Pakistani startups are increasingly turning their attention to the Gulf region, seeking growth opportunities beyond domestic borders, according to a recent newsletter issued by Invest2Innovate (i2i) . With ongoing macroeconomic challenges, political instability, currency depreciation, and a decline in purchasing power, expanding internationally has become more than just a smart business decision – it’s now…
Lahore, Pakistan – August 20, 2024: PostEx, one of Pakistan’s leading fintech companies, has announced the successful completion of a US$7.3 million pre-Series A funding round. The round was led by Conjunction Capital, a global venture capital firm focused on technology investments. Additional participants included new investors Dash Ventures and Sanabil500, alongside existing investors VSQ,…
Lucky Landmark Takes Helm at NIC Karachi: A New Chapter in Fostering Entrepreneurship In a significant development for the entrepreneurial ecosystem in Karachi, Lucky Landmark has officially assumed the responsibility of managing the National Incubation Center (NIC) Karachi for the next five years. The Contract Signing Ceremony between Lucky Landmark and Ignite – National Technology…
Zyp Technologies Secures $1.5M Series Pre-A Funding to Expand Electric Mobility in Lahore, Pakistan Lahore, Pakistan – Zyp Technologies, Pakistan’s pioneering electric two-wheeler mobility company, has successfully raised $1.5 million in Series Pre-A funding. The round was led by Shorooq Partners, with participation from existing investor Indus Valley Capital and several angel investors. This funding…
In a significant boost to Pakistan’s startup ecosystem, the International Finance Corporation (IFC) has announced a $3 million investment in i2i Ventures, the country’s first female-led venture capital fund. This investment, part of IFC’s Startup Catalyst Program, aims to address the critical funding gap faced by early-stage startups, particularly those led by women, amidst regional…
Karachi, Pakistan — HBL, Pakistan’s leading bank, has announced a strategic investment in AFT, an innovative fintech startup. This collaboration aims to accelerate the development of Pakistan’s agricultural and merchant sectors, enhancing financial inclusion and operational efficiency in these vital but underserved areas. AFT, through its Digitt+ platform, offers a multilingual interface that enables farmers…
DealCart Secures $3 Million Seed Funding to Revolutionize Pakistani E-commerce DealCart, a pioneering social e-commerce startup, has successfully raised $3 million in a Seed funding round led by Shorooq Partners and Sturgeon Capital. The funding round also saw participation from 500 Global, Evolution VC, Rayn Capital, and Khyber Venture Partners. This capital infusion will bolster…
