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Pakistan startup

eTurbo announces rise in domestic production

KARACHI: The eTurbo, a Pakistani ebikes startup, announced Tuesday it would increase domestic production from ...

Published 06 Nov, 2024 08:01am

Technology

Pakistan’s Neem secures $4mn credit facility from DNI Group

Neem, an embedded finance platform in Pakistan, has secured an additional $4 million credit facility from South...

Updated 05 Nov, 2024 10:35pm

Technology

PostEx announces $7.3mn pre-series A funding for expansion in Pakistan, GCC

PostEx, a prominent player in Pakistan’s financial technology sector, announced on Tuesday the completion of a $7.3...

Updated 20 Aug, 2024 10:51pm

Technology

NetSol Technologies, IGNITE to establish startup incubation center in Lahore

NetSol Technologies has signed a contract with IGNITE - National Technology Fund, a company under the Ministry of IT...

Updated 09 Aug, 2024 10:24pm

Technology

Google Cloud ignites Pakistan's startup ecosystem

KARACHI: Google Cloud, in collaboration with Tech Valley, successfully concluded its inaugural ‘Startup ...

Published 01 Aug, 2024 06:06am

Business & Finance

Electric motorcycles: Zyp Technologies announces $1.5mn Series Pre-A funding

Zyp Technologies, which operates in the energy and electric motorcycle assembly space, announced on Tuesday that it...

Updated 23 Jul, 2024 02:18pm

Business & Finance

Ignite inks agreement with Pakistan Services Limited - Hashoo Group

ISLAMABAD: In a significant development for the thriving Pakistan’s technology and startup ecosystem, Ignite...

Published 07 Feb, 2024 05:30am

Markets

Delivery startup Krave Mart sees change in buying behaviour amid inflation spike

Pakistanis are opting for cheaper brands, be it cooking oil, hand wash, or soaps, as inflation has caused...

Updated 03 Feb, 2024 08:44pm

Pakistan Startup Fund launched

ISLAMABAD: Pakistan on Tuesday launched the first-ever “Pakistan Startup Fund” (PSF) aimed at catalyzing venture...

Updated 10 Jan, 2024 08:59am

Technology

CodeNinja secures $1.6mn investment led by sAi Venture Capital

LAHORE: CodeNinja, a technology solutions provider, has secured an investment of $1.6 million led by sAi Venture...

Updated 05 Dec, 2023 10:10pm

Business & Finance

Too big to ignore: this partner at Dubai-based VC firm has a ‘long-term view’ on markets like Pakistan

Sacha Haider, who sees 5-10 pitchdecks a week from different markets, believes UAE and Dubai’s B2G model is perfectly viable for Pakistan as well

Updated 30 Nov, 2023 10:28am

Technology

Startup founders: why this Pakistani couple moved to Dubai after setting up Metric

Meenah Tariq and Omar Parvez Khan set up Metric in 2022 - an app that simplifies accounting and finance for...

Updated 24 Nov, 2023 10:23am

Technology

Voyage Freight raises $1mn in pre-seed funding

Voyage Freight, which says its Pakistan’s first digital freight forwarder, has secured over $1 million in pre-seed...

Updated 13 Nov, 2023 03:05pm

Technology

Pakistan’s Krave Mart raises funds as it eyes profitability next year: report

Krave Mart, a grocery delivery startup, has raised Pakistan’s third-largest funding round for the year, reported...

Published 11 Nov, 2023 01:54pm

Technology

Pakistan to see its first VC fund in 7 years as Sai Venture Capital looks to raise $10mn: report

Fund is currently 40% committed, says co-founder Ahsan Jamil

Updated 03 Nov, 2023 10:56pm

Markets

Pakistani ecommerce logistics startup Rider looking to acquire BlueEx

KARACHI: Pakistani ecommerce logistics startup Rider, backed by YCombinator, is looking into acquiring BlueEx, the...

Updated 05 Oct, 2023 04:17pm

Technology

Startups crucial to keeping economy on investors’ radar: Paismo co-founder Rebecka Zavaleta

KARACHI: Startups across the world may be struggling, but in Pakistan’s case, there is an added trouble – its...

Published 21 Sep, 2023 06:50am

Technology

With aim to enable electric motorcycles in Pakistan, Zyp Technologies announces $1.2mn seed round

Startup’s assembly plant is based in Lahore where it has capacity to produce 8,000 electric motorcycles a year

Updated 12 Sep, 2023 05:01pm

Technology

In developing countries, local businesses should step up to fund startups: US-based expert

BOSTON, MASSACHUSETTS: Pakistan’s startup ecosystem is going through a difficult phase and it is being reflected in...

Updated 09 Sep, 2023 04:52pm

Abhi’s valuation grew to $90m in two years

KARACHI: Pakistan’s financial startup Abhi’s valuation grew to $90 million during the last two years and became one...

Updated 23 Aug, 2023 09:45am

Technology

Looking to tackle outdated HR functions, Pakistan’s Paismo announces raising $1.3mn in seed round

KARACHI: Pakistan’s HR tech startup Paismo on Tuesday announced it has raised $1.3 million in a seed round, which...

Updated 22 Aug, 2023 09:42am

Business & Finance

Pakistan’s automotive care startup Okayker Secures $700,000 in seed funding

Company says multiple angel investors have taken interest in its fund-raising

Published 01 Jun, 2023 05:38pm

Technology

Pakistan to miss IT export target unless human talent is developed: VP Emeritus

IT exports stand at mere $1.52 billion in first seven months of fiscal year 2023

Published 18 Mar, 2023 08:27pm

Technology

Pakistan's edtech startup Maqsad says it has raised $2.8mn in seed funding

Funding takes its total capital raised to $4.9mn

Published 16 Mar, 2023 01:33pm

Technology

Pakistan’s 'sustainable fashion' platform Swag Kicks raises $1.2mn seed funding

Swag Kicks, which calls itself a sustainable fashion platform for Millennials and Gen-Z Pakistanis, announced on...

Updated 16 Feb, 2023 04:18pm

Technology

Edkasa: the startup using TikTok to spark students' love for learning

Founder says startup is ‘opposite of Airlift’ when it comes to making a little funding go a long way

Published 27 Oct, 2022 05:31pm

Markets

Karachi-based 'financial wellness' platform Neem raises $2.5mn

Funding to be utilised to serve financial wellness to Pakistan’s underbanked communities, says Neem

Updated 13 Sep, 2022 03:45pm

Technology

'Pakistan’s startup ecosystem needs a few $100mn exits'

Ali Samir Oosman, MD of Endeavor Pakistan, says this will result in massive multiplier effect

Published 06 Sep, 2022 11:58pm

Technology

Pakistan's fintech PostEx acquires Call Courier

Deal makes it largest e-commerce service provider in the country, PostEx says

Published 30 Aug, 2022 12:02pm

Technology

Sequoia enters Pakistan with Dbank investment

Pakistan-based fintech announces raising $17.6mn in seed round, the largest in country's history

Published 30 Jul, 2022 06:33pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
FTSE 100 / Nov 20	8,085.07
Dow Jones / Nov 20	43,408.47
Germany DAX 30 / Nov 20	19,004.78
France CAC40 / Nov 20	7,198.45
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17

Item	Value
Gold 10 Grams PKR / Nov 20	238,940
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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