Abwaab raises $20 million in Series A funding
Abwaab, a Jordan-based e-learning platform, raised $20 million in Series A funding from BECO Capital, 4DX Ventures, GSV Ventures, and Watar Partners. Elevator Pitch: Education made accessible…
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Google says digitalization can boost Pakistan’s economy
According to a report by Google, digital transformation can help Pakistan open up to Rs. 9.7 trillion ($59.7 billion) in annual economic value by 2030, which is equivalent to about 19% of the…
Digital Pakistan, startup economy, and the pandemic
Pakistan was slow to adapt to the digital economy at first. Other countries embraced it more quickly than we did. However, things have changed in the past year and a half. The pandemic and…
VentureSouq launches a $50 million fintech fund for the MENAP region
VentureSouq, a UAE-based venture capital firm, has launched a $50 million fund, MENA FinTech Fund I, focused on fintech in the Middle East, North Africa, and Pakistan. About: VentureSouq was…
IT ministry finalizes draft of personal data protection bill
The Ministry of Information Technology and Telecommunication has finalized the Personal Data Protection Bill, 2021. Once the Ministry of Law vets it, the bill will be approved. The proposed…
PTA lifts ban on TikTok
Pakistanis can now use TikTok again after a four-month ban. Tell me more: In the past 15 months, the Pakistan Telecommunication Authority has imposed and lifted a ban on TikTok four times. PTA…
Swyft Logistics introduces paid period leaves
Swyft Logistics, a Lahore-based logistics startup, has introduced a period policy called “Monthlies” that allows women employees to take time off during their period. Why it…
Parliament approves SECP’s startup promotion bill
In an effort to promote startups, business innovation, and entrepreneurship, the parliament approved the Companies (Amendment) Bill 2021. Tell me more: Parliament also approved the Secure…
Sehat Kahani partners with Telenor to improve healthcare access
Pakistan’s second-largest telecommunications provider and Sehat Kahani, a startup that provides telehealth services, have formed a partnership to improve access to healthcare. Tell me…
Lettus Kitchens raises an undisclosed amount in seed funding
Lettus Kitchens, an Islamabad-based cloud kitchen start-up, raised an undisclosed amount in seed funding from Kash Rehman, an angel investor. Elevator Pitch: A cooking space for restaurants…
Abhi raises an undisclosed amount in a bridge round
Abhi, a Karachi-based Fintech startup focused on salary advances, raised an undisclosed amount in a bridge round from Global Ventures, Next Billion Ventures, Vostok Emerging Finance, Rally…