Active social media users in Pakistan grow by 5.7%: Report

As of January 2019, the total number of active social media users was recorded at 37 million and active social media users as a percentage of the population were 18%

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...

What makes NAB interested in SadaPay?

A story of ego, malice, and two companies so bent on fighting the other, they do not care what it costs them

Karachi restaurants suspend delivery through Foodpanda

KARACHI: Citing "unfair practices" as reasons, the All Pakistan Restaurant Association (APRA) has announced suspension of business with mobile food delivery marketplace...

Free WiFi facility remains functional, to be expanded to all Punjab districts: PITB

LAHORE: The facility of free WiFi remains active and functional at all public places in the province, Punjab Information Technology Board (PITB)...

Pakistan’s Truck It In raises $13mn in seed money to fund expansion

Karachi-based trucking startup Truck It In has announced raising a $13 million seed round, which is by far the largest raised by a...

Here’s how OLX makes money. Hint: It’s not just the Ads

The OLX Group is a global online marketplace operating in 45 countries and is in the list of the largest online classified...

Karachi-based Bazaar Technologies secures $6.5m in seed funding to digitise mom-and-pop stores

With recent funding, Bazaar plans to expand its footprint across Pakistan, build its product capabilities and offer value added services to customers

Pakistan’s cellphone industry: A prospective $15 billion exporter or another automotive-style catastrophe

If not India’s success, recent domestic disruptions should force reflection upon what we want the sector to be and, more importantly, what it should not be

Karachi-based financial advisory startup Elphinstone gets Y Combinator’s backing 

LAHORE: Karachi-based wealth management platform Elphinstone has been accepted into Y Combinator and will be part of the incubator’s Winter 2022 batch.  Karachi-based...

How 24SEVEN Apni Dukan is using tech to build communities and transform your neighbourhood stores 

Let us begin with a small fact. Your neighborhood corner shop is not just a place to buy groceries but a cultural...

Pakistan’s IT companies, freelancers get complete tax waiver

In his address to the nation on Monday, Prime Minister Imran Khan announced a complete tax exemption for information technology (IT) companies...

Fintechs: Goliaths of today, dinosaurs of tomorrow?

Innovation is not the done thing in Pakistan’s commercial banking and soon Pakistan’s financial services industry is expected to witness a David-and-Goliath contest of sorts, with Fintechs with negligible capital taking on commercial banks with billions, even trillions, in assets – and beat them

Rabeel Warraich’s $30 million bet on Pakistani entrepreneurship

How a 33-year-old middle-class Pindi boy became the first professional venture capitalist in Pakistani history

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...