IBA Karachi, in collaboration with Stanford University and with the generous support of Bank Alfalah Islamic, is set to embark on a groundbreaking initiative to revolutionize education and research in Pakistan. The partnership will see the establishment of a state-of-the-art design lab at IBA Karachi, introducing an innovative curriculum, cutting-edge programs, and comprehensive training opportunities […]
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, […]
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 Fund at the National Incubation Center Karachi. This strategic move, in partnership with […]
In a significant move towards improving digital healthcare access, Telenor Microfinance Bank has partnered with oladoc to offer a wide range of digital healthcare benefits to easypaisa users. This collaboration aims to empower easypaisa users by providing them with easy access to quality healthcare services through the oladoc mini app. The partnership allows users to […]
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 will support the city-wide launch of Zyp’s electric smart mobility technologies in Lahore, marking […]
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 […]
Karachi, July 8, 2024 – MCB Bank Limited (PSX: MCB) has secured shareholder approval to incorporate 39 branches, along with all associated rights and obligations, into its Islamic banking operations. This significant development was communicated to the Pakistan Stock Exchange (PSX) on Monday. According to the official stock filing, shareholders have authorized the transfer of […]
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 DealCart’s mission to expand its reach and provide affordable essential […]
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