Pakistan’s fintech startup TAG claims raising $12mn in seed funding at $100mn ‘valuation cap’

LAHORE: Pakistan’s fintech startup TAG Wednesday claimed raising $12 million in a seed round at a valuation of $100 million, according to...

Maqsad announces raising $2.1mn in pre-seed funding for its mobile-first learning platform

LAHORE: In India, tech entrepreneur Byju Raveendran’s edtech startup, named Byju’s, is raising $1.5 billion at a mammoth valuation of $21 billion....

The Muawin playbook on lending for microentrepreneurs

LAHORE: Lahore-based Cashew Financial Services, a digital financial services company, Monday announced securing their Non-Banking Financial Company (NBFC) license from the Securities...

SBP awards Finja EMI license

The State Bank of Pakistan (SBP) recently granted Finja commercial approval for the EMI (Electronic Money Institution) License. Finja had earlier become...

BridgeLinx announces raising $10m in seed funding for its trucking marketplace

Lahore-based digital freight marketplace startup, BridgeLinx, has announced raising $10 million in the country’s largest seed round. The startup helps businesses and manufacturers...

Pakistan’s Ailaaj announces $1.6mn in seed funding to scale as full-stack digital healthcare platform

LAHORE: Ailaaj, Pakistan’s first full-stack digital healthcare platform which is offering end-to-end patient care services, Wednesday announced raising $1.6 million in its...

Truck It In announces closing $3mn in pre-seed extension round to scale trucking platform

KARACHI: Karachi-based Truck It In has claimed to raise a $3 million extension to its pre-seed round, taking the cumulative raise to...

“Focus is fintech, not grocery delivery anymore”

Airlift Technologies to raise funds for the company's pivot into a new core business of selling Rs 100 notes for Rs 75

Lahore-based digital credit bureau Tasdeeq raises Rs500mn in Series-A funding

LAHORE: The first State Bank of Pakistan (SBP) licensed private, digital credit bureau, operating with the brand name Tasdeeq and corporate name...

Pakistan’s Airlift announces raising $85mn in Series-B round

LAHORE: Pakistan’s Airlift Tuesday claimed to have raised $85 million in a Series-B round to scale its grocery delivery platform Airlift Express.  The...

Daraz has a new strategy – wooing the sellers 

As the cases of Covid-19 continue to rise with the advent of the Delta Variant of the virus, and Pakistan along with...

Pakistan’s healthtech startup Marham.pk claims raising $1mn in seed round 

LAHORE: Lahore-based health-tech startups Marham.pk has claimed raising $1 million in seed funding to scale into a healthcare superapp. According to a statement...

Britain begins formal Amazon, Google fake review inquiry

LONDON: Britain's competition regulator started a formal investigation on Friday into whether Amazon and Google may not have done enough to prevent...

Pakistan’s GrocerApp scores $5.2mn in Series-A funding

LAHORE: Pakistan’s online grocery delivery platform, GrocerApp, has successfully raised $5.2 million in a Series-A round from local and global institutional and...

Careem pilots drone deliveries to study prospects of scaling in Pakistan

LAHORE: Ride-hailing and last-mile delivery platform Careem Thursday flirted with the idea of doing drone deliveries and dropped a teaser informing customers...