It all boils down to simple arithmetic

“There are 17 million motorbikes and 40 million smartphones in Pakistan,” Muneeb Maayr, CEO Bykea – a ride-hailing (and more) app –...

Will BusCaro be the one to finally say BusCaro to burning VC funding?

Shaking off the ashes of Airlift and Swvl, BusCaro looks to have a crack at the commuting and mobility space with a twist

Startup space continues to hollow out as Trella set to exit Pakistan

Without a whisper, the trucking startup has decided extricate itself from Pakistan

Careem revises fares, days after changing ways customers can pay

Careem is on a roll! In an email message to users on Sunday, Careem has said that it is revising rates customers will...

Good news for micro-entrepreneurs in Pakistan – the startup bubble is here to stay!

LAHORE: Pakistan has one of the biggest ‘young’ populations in the world. According to a United Nations Human Development (UNDP) report published...

PM Abbasi announces extension of tax holiday on IT exports for six years

The IT industry is the fastest growing sector of the Pakistan economy, with annual growth rates more than 30 percent and expected to double in size over the next 3-4 years

China’s electric vehicle startup NIO guns for $2 billion IPO

HONG KONG: Chinese electric vehicle startup NIO has hired eight banks including Morgan Stanley and Goldman Sachs to work on a planned...

Singapore’s High Output Ventures launches early stage fund for Pakistan

LAHORE/KARACHI: Singapore-based venture studio High Output Ventures (HOV) has launched an early stage fund dedicated to Pakistani startups. The fund will be attached...

Hello, can I take your order from 6500 miles away?

Percy is looking to outsource cashier services to developing countries and tap into the very prevalent labour arbitrage

Why are Pakistani startups incorporating HoldCos abroad?

Considering the preconceived notions about holding companies abroad, what are the implications of this policy?

Pakistan’s leading lock screen app Slide set to be acquired by S.Korean Buzzvil

The application that raised $1.2 million as seed round and $3.6 million in Series A funding had over 7 million users as of February 2018 since its launch in Pakistan and India in 2015

Data Security – issue of morality, business ethics, or inept governance?

In the murky world of numbers and big data, Pakistan, must not lag behind.

Closing the year with a bang: 2023 tech funding looks up

After nine long months of a funding drought, startup funding has taken a sharp turn for the better in the fourth quarter of 2023

Pakistani digital freight forwarding startup Voyage Freight secures $1mn in pre-seed funding

Pakistani digital freight forwarding startup, Voyage Freight, announced on Monday that it has successfully secured over $1 million in pre-seed funding, led...

NIC begins first hybrid incubation programme with 24 startups

ISLAMABAD: A new batch of 24 startups has joined the National Incubation Center’s (NIC) first ever hybrid incubation programme, a press release...