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 –...
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...
SECP holds sessions under ease of doing business reforms agenda
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Tuesday organized two sessions with contributors under ease of doing business reforms...
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...
SECP reveals 19 per cent increase in new companies registration
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) in February has registered 1,021 new companies. As compared to the corresponding month...
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
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...
NICON Group of Colleges, ICCI to work for entrepreneurship development in youth
ISLAMABAD: A delegation of NICON Group of Colleges led by its Chairperson Aziz Fatima Naz visited Islamabad Chamber of Commerce and Industry...
Karandaaz Pakistan to invest Rs80 million in women-led financial tech startups
KARACHI: Karandaaz Pakistan on Friday stated it is considering investing Rs80 million in women-led financial technology entities.
Its chief executive officer Ali Sarfaraz...
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
Startups can now apply, participate in Google’s first Asian Demo Day
Google is bringing its Demo Day event to Asia for the first time this September and now the search giant has opened...
NIC Lahore extends application deadline for 2nd batch of startups
LAHORE: The National Incubation Centre (NIC) Lahore is now accepting applications for its 2nd batch of entrepreneurs aiming to make it big...
New digital exchange seeks to host Islamic finance startups
OneGram also plans to list its own sharia-compliant cryptocurrency on the exchange by mid-September
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...
Punjab govt to provide SMEDA-style business models to startups
LAHORE: The Punjab Finance Ministry on Wednesday directed the provincial industries department to provide Small and Medium Enterprises Development Authority (SMEDA)-style business...