Pakistan’s Startup Ecosystem Sees Strong Investment Surge with $32 Million in New Funding Pakistan’s burgeoning startup ecosystem is showing signs of recovery, attracting $32 million in investment from a range of sources during the first four months of the current financial year. According to Invest2Innovate, local startups secured $15 million in Q1 and another $17…
October 2024 – BuyPass.ai, a stealth-mode startup based in Pakistan, has successfully closed an angel funding round, setting the stage to reshape the eCommerce landscape across the GCC and Asia. The venture is founded by Muhammad Ammar Hassan, a former executive at OLX (Prosus) and Daraz (Alibaba International Digital Commerce Group), who brings over a…
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…
In a groundbreaking move set to transform the telecom landscape in Pakistan, Telenor Velocity has announced a strategic partnership with GSMA’s Innovation Fund. This collaboration is not just a convergence of two industry giants but a monumental step towards fueling economic growth in the country. By leveraging Telenor’s extensive market penetration and GSMA’s global expertise,…
