Pakistani startups raised $23 million in Q1 2023
Pakistani startups raised $23.1 million in disclosed funding across six deals in the first quarter of 2023. That’s 87% less than the $172 million raised in Q1 of 2022 but 53% more than the $15…
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Trax raises $3.7 million in seed funding to expand end-to-end logistics
Trax, a Karachi-based e-commerce logistics startup, has raised $3.7 million in seed funding from Amaana Capital, Tricap Investments, and PNO Ventures. Make me care: Pakistan’s B2C…
Maqsad raises $2.8 million in seed funding to elevate personalized learning
Maqsad, a Karachi-based EdTech startup, has raised $2.8 million in seed funding from Speedinvest, Indus Valley Capital, Alter Global, and Stellar Capital. Make me care: Parents in Pakistan…
Trukkr raises $6.4 million in seed funding to digitize Pakistan’s trucking industry
Trukkr, a Karachi-based startup managing logistics and finances for trucking companies, has raised $6.4 million in seed funding from Accion Venture Lab, Sturgeon Capital, Haitou Global, and Al…
AdalFi raises $7.5 million in seed funding
AdalFi, a Lahore-based fintech building a credit-scoring platform for digital lending, has raised $7.5 million in seed funding from COTU Ventures, Chimera Ventures, Fatima Gobi Ventures, and…
Leading from the front: The Big 5 Pakistan-focused VC firms
Venture capital is vital for a thriving startup ecosystem. Over the last few years, Pakistani startups have attracted a fair amount of venture capital from around the world, fuelling the…
Understanding the Business Models behind Tech Services Agencies in Pakistan
Why are there so many tech services agencies in Pakistan? What’s the deal? Is it really as lucrative as they say? How do you start one? What business models exist? And a lot more…
Afterschool Pizza Parties: EdTech’s Cheezious Aspirations
Understanding education and education technology (“EdTech”) in Pakistan demands a perennial commitment to sociology and history. Unlike its e-commerce or fintech counterparts, EdTech and its…
Befiler raises $1.5 million in seed funding
Befiler, a Karachi-based FinTech providing tax and business advisory services, has raised $1.5 million in seed funding from Cistech Capital and Lakson Venture Capital. Make me care: There are…
Startup funding up, deals down
In 2022, Pakistani startups raised $346+ million in disclosed funding across 42 deals. Compared to 2021, the amount of funding increased by 2% from $340 million, but the number…
List of Pakistani startups that raised funding in 2022
Forty-one Pakistani startups raised $346+ million in disclosed venture capital funding in 2022 across 42 deals. Here’s the list categorized by funding stage: Pre-seed Seed…