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startup

COLABS announces raising $2mn in pre-Series A funding

Pakistan’s workplace platform COLABS announced on Thursday that it has raised $2 million in a pre-Series A round led...

Published 24 Oct, 2024 09:00am

Pakistan

Pakistani venture Sarmayacar says Green Climate Fund pledges $15 million

KARACHI: The Green Climate Fund (GCF) has committed $15 million to Pakistani venture capital firm Sarmayacar, the...

Published 23 Oct, 2024 06:00pm

Technology

Pakistan’s Abhi secures $15mn in credit financing to expand financial inclusion in UAE

DUBAI: Pakistan’s fintech Abhi has secured $15 million in credit financing led by Shorooq Partners and Amplify...

Updated 16 Oct, 2024 06:56pm

Technology

Gitex Global 2024 begins as Dubai highlights push to diversify economy

DUBAI: The 44th edition of GITEX GLOBAL 2024 — one of the world’s largest technology and startup events — commenced...

Updated 15 Oct, 2024 01:46pm

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

Pakistan

Pakistan’s healthcare sector struggling with R&D deficiencies, medicine shortages

KARACHI: Pakistan’s healthcare sector is facing severe challenges due to a lack of research and development...

Updated 31 Jul, 2024 09:53am

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

Pakistani, Chinese cos reach preliminary agreement to introduce solar e-bikes

ISLAMABAD: Chinese and Pakistani companies have reached a preliminary cooperation agreement to introduce...

Updated 15 Jul, 2024 09:22am

Business & Finance

Dubai’s AI blueprint can be ‘roadmap for wider region’

Dubai has recently unveiled a strategy for Artificial Intelligence (AI), an annual initiative aimed at leveraging...

Updated 16 May, 2024 07:05am

Pakistan

‘Startup and Entrepreneurial Boot Camp’ organised

PESHAWAR: KUBIC, the business incubation center of KMU, collaborated with 3Majors Pvt Ltd organised a dynamic...

Published 26 Feb, 2024 05:07am

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

Pakistan

Pakistan Startup Fund: DCO will help expand investor network: Minister

ISLAMABAD: The Digital Cooperation Organization (DCO) will help expand the investor network for the upcoming ...

Published 22 Nov, 2023 05:48am

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

Sehrish Raza wins ‘She Loves Tech Pakistan 2023’ competition

KARACHI: The leading non-profit tech startup CIRCLE, in collaboration with HBL, proudly announces the victor of the...

Published 03 Oct, 2023 06:02am

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

Business & Finance

'She Loves Tech' competition empowers women entrepreneurs

LAHORE: ‘She Loves Tech’, a global startup and tech competition dedicated to empowering women entrepreneurs, was...

Published 02 Sep, 2023 06:58am

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

Technology

‘Asset-light’: startup Jugnu, after raising $22.5mn in 2022, scales back operations

Jugnu, which pitched itself as a B2B ecommerce startup and announced a fund-raise of $22.5 million in March 2022,...

Updated 19 Jul, 2023 07:37pm

Technology

After raising $11.5mn last year, MedznMore says it has shut operations

Co-founder says company in talks 'with a few large players who have shown interest in buying its technology and brand, Tabiyat.pk'

Updated 15 Jul, 2023 05:19pm

Business & Finance

‘Pakistan needs to adopt global approach towards building startups’

ISLAMABAD: Pakistan needs to adopt a global approach towards building startups and training founders in the global...

Published 11 Jul, 2023 06:08am

Technology

Pakistan’s startup funding suffers massive fall in April-June

Funding attained by Pakistani startups on a quarterly basis fell to the lowest level in three years during...

Published 04 Jul, 2023 12:06pm

Business & Finance

‘Third party communication’: Bykea apologises for ‘inappropriate messaging’

At around mid-day on Tuesday, Bykea users received two unfortunate notifications

Updated 13 Jun, 2023 03:49pm

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

Business & Finance

Correction needed in Pakistan startups’ business model: Rider CEO Salman Allana

Company founder says offering discounts means you are not confident that your product is solving a real problem

Updated 05 May, 2023 07:07pm

Business & Finance

First time in three years: no startup deal for Pakistan in April 2023

Fall seen due to global downturn in funding and it is not exclusive just to Pakistan

Published 01 May, 2023 10:45pm

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
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

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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