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...
Amid exit by an early investor, Dawaai lands $8.5mn in recent funding
LAHORE: Online medicine delivery platform Dawaai Wednesday claimed closing an $8.5 million venture round led by US-based 500 Startups and participation from...
KASB Securities’ $4.5mn bet on creating an apprised generation of stock market investors
LAHORE: In a country of over 220 million people, a little over 250,000 people invest in the stock market, and Pakistan’s leading...
Fintech startup Abhi bags $2mn in funding to finance salary advances
LAHORE: Abhi, a Karachi-based salary advance platform, has raised $2 million in a seed round, the company announced in a statement.
Founded by Omair...
Pak-Kuwait Investment Company pumps $3mn into Nadeem Hussain led Planet N
LAHORE: Pakistan Kuwait Investment Company (Private) Limited (PKIC) has made an Rs500 million (~$3 million) equity investment in Planet N (Private) Limited...
Lahore-based B2B eCommerce marketplace Tajir raises $17mn in Series-A round
LAHORE: Tajir, a Lahore-based B2B marketplace digitising neighborhood convenience stores has raised $17 million in a Series A round led by American...
Akhtar Fuiou Technologies secures in-principle approval from SBP to launch e-wallet
Akhtar Fuiou Technologies, an up-and-coming financial technology (Fintech) company, has received State Bank of Pakistan's (SBP) in-principle approval for Electronic Money Institution...
Careem overcharges customers tens of thousands of rupees for short-distance rides
KARACHI: Ride-hailing platform Careem users in Pakistan have reported being massively overcharged for the usual short-distance rides, that the company says happened...
New WhatsApp privacy policy comes into force
As WhatsApp's new privacy policy goes live, the messaging platform announced it will not delete user accounts if they don't accept the...
Why did Retailo raise a phenomenal seed round?
LAHORE: B2B e-commerce marketplace Retailo Thursday announced raising $6.7 million in what the company claimed was the largest seed round for a...
Fast and secure Turkish messaging app BiP introduces group, chat import
ISTANBUL: Having witnessed 2 million downloads in Pakistan and 80 million downloads globally, Turkey’s secure life and communication platform BiP now introduces...
JazzCash Business app hits a snag as users fail to sign up, transfer funds
LAHORE: Mobile wallet JazzCash's recently launched application for businesses fails to be a hit upon its launch as users complain of bad...