Source: Business Recorder Brooklyn, USA — May 2025 — Atoms, a Brooklyn-based sneaker startup founded by Pakistani entrepreneur Sidra Qasim, has successfully raised over $2 million in a private funding round led by its own customers. The announcement was made by Qasim on LinkedIn, where she described the initiative as “the most meaningful experience” of […]
Islamabad/Riyadh – MedIQ, a pioneering health tech startup founded in Pakistan, has raised $6 million in a Series A funding round to drive its expansion across the GCC region. The round was co-led by Qatar-based Rasmal Ventures and Saudi Arabia’s Joa Capital, with strong follow-on participation from existing investors. Founded in 2020 by physician-turned-entrepreneur Dr. Saira […]
Source: Business Recorder AI fintech Metric announced a seven figure seed round to grow their offering across the Gulf region and Asia. The company told Business Recorder it is not revealing the exact amount at this stage. Founded in 2022 by Pakistani couple Meenah Tariq and Omar Parvez, along with the company’s CTO Dr Habiba, Metric said in a statement […]
Haball, Pakistan’s leading supply chain financing and payments fintech, raises a US$52 million pre-Series A funding round comprising equity investment and a strategic financing allocation. The round’s equity component of US$5 million was led by Zayn VC, Pakistan’s premier venture capital firm. Other investors included Majlis Advisory SPV, several leading private investors in KSA, angel […]
Islamabad, Pakistan — Karandaaz Women Ventures and The Bank of Punjab (BOP) have entered into a strategic partnership to enhance access to credit for women-led businesses across the country. This collaboration marks a major step forward in fostering inclusive economic growth and supporting women entrepreneurs who have traditionally faced barriers to formal financing. The partnership aims […]
InDrive, the global ride-hailing giant, has made a strategic $10 million investment in Krave Mart, a rapidly growing Pakistani grocery delivery startup, two sources confirmed. This move underscores InDrive’s growing focus on expanding its reach and identifying growth opportunities in emerging markets. The investment is part of InDrive’s broader venture capital strategy launched in 2023, […]
Dubai, UAE: Yango Group, a global tech company bringing advanced technology to local communities, has launched Yango Ventures, a corporate venture fund designed to empower promising startups across LATAM, Sub-Saharan Africa, MENAP, and other high-growth regions of the company’s presence. Yango Ventures aims to foster local innovation and entrepreneurial growth by providing both capital and leveraging […]
Mountain View, California, December 27, 2024 — inDrive, the global ride-hailing unicorn, has announced a strategic investment in Pakistan’s emerging grocery delivery platform, Krave Mart. The investment is part of inDrive’s broader effort to explore opportunities in emerging markets through its dedicated venture capital arm. The VC division, launched last year, is set to deploy […]
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