Lahore-based eCommerce startup Zarya announces raising $1.7mn in pre-seed funding
Lahore-based Zarya, which positions itself as a digital wholesaler for online sellers, today said in a statement that their startup had raised...
VRG’s Asaan Mobile Account hits one million mark prior to commercial launch
Virtual Remittance Gateway (VRG), the fintech company undertaking the State Bank of Pakistan's (SBP) Asaan Mobile Account (AMA) scheme, Tuesday announced that...
Telecard restructures TFC debt with creditors as company prepares for IPO of Supernet
LAHORE: Telecard Limited Wednesday announced that it had successfully restructured a loan amount, which was Rs736.2 million till March 31, 2021, as...
eCommerce delivery startup Rider raises $2.3mn in funding for local expansion, focus on SMEs
Karachi-based last-mile eCommerce delivery startup Rider has announced raising $2.3 million in funding to enhance its product offering for SMEs, strengthening the...
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
Pakistan’s InfoTech Group to list on PSX in Q3’22; plans to raise Rs2bn from IPO
LAHORE: InfoTech Group, one of the oldest technology companies in Pakistan, plans to raise Rs2 billion through an initial public offering (IPO)...
Microsoft to shut down LinkedIn in China, cites ‘challenging’ environment
BEIJING: Microsoft Corp is pulling the plug on LinkedIn in China nearly seven years after its launch, marking the retreat of the...
Unilever Pakistan double downs on quick commerce with recent investment in Munchies
LAHORE: Unilever Pakistan-backed quick commerce platform Munchies Wednesday claimed to have raised $2.5 million in pre-seed funding to scale its hyper-local operations.
The...
B2B marketplace Tazah announces raising $2mn in pre-seed funding to fix farm to retail supply chain
LAHORE: Tazah, a B2B agritech marketplace connecting farmers directly with retail fruit and vegetable sellers, has announced raising $2 million in pre-seed...
Facebook reveals reason for six-hour worldwide outage of social media
MENLO PARK: Facebook blamed a “faulty configuration change” for a nearly six-hour outage on Monday that prevented the company’s 3.5 billion users...
Pakistan’s PostEx raises $1.5mn led by MSA Capital to solve cash on delivery in Pakistan
Pakistan’s financial technology (FinTech) and logistics startup PostEx has announced raising $1.5 million in seed funding from leading institutional investors to solve...
QisstPay announces raising $15mn for its tech-enabled BNPL service
LAHORE: Pakistan’s buy now pay later platform (BNPL) QisstPay Wednesday claimed that they had raised $15 million across seed and pre-seed rounds...
Pakistan’s women-focused fintech startup Oraan announces raising $3mn in seed funding
LAHORE: Oraan, which positions itself as Pakistan’s first gender-inclusive fintech startup, has claimed to raise $3 million in the largest seed funding...
No, TAG isn’t worth $100mn. And here is why it might never be
TAG might have managed to woo investors, but it might have miscalculated its own market
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....