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 […]
IFC Invests in i2i Ventures, Pakistan’s First Female-Led VC Fund to Bolster Startups and Drive Innovation
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 […]
DealCart Raises $3 Million in Seed Round to Empower Pakistan’s Digitally Savvy Consumers
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 […]