Q3 Funding Up 853% YoY to $172 million

Zahid Lilani
2021 Pakistan Startup Funding Snapshot Q1-Q3
2021 Pakistan Startup Funding Snapshot Q1-Q3

During Q3 2021, Pakistani startups raised $172 million in disclosed funding across sixteen deals.

Compared to the 3rd quarter of 2020, it’s an increase of 853% from $18 million. And, compared to the 2nd quarter of 2021, it is an increase of 111% from $81 million.

Deals were also up 78% YoY and 14% over the previous quarter.

For more numbers and a list of startups that raised funding, check out the blog post.


📰 Learn

Digitizing freight. 5G set for 2023 launch. Trukker acquires TruckSher for an undisclosed amount. The rise of Pakistani tech. Digital-first tribal journalism. Finja and Nayapay receive EMI license. Exit strategy post blitzscaling.


🧠 Read

Interview with Mashhood Rastgar, CTO at Sastaticket. The knowledge-based economy is the future. Developing an entrepreneurial vision for Pakistan.


🎙️ Listen

Faisal Aftab, Co-Founder of Zayn Capital, talks about his VC journey on the What We Learnt podcast.


📺 Watch

Dastgyr CEO and Co-Founder Zohaib Ali and Yahya Humayun, General Manager, discuss their startup journey and struggles with Umair Javed.

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