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...
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...