Trends - Startups - Business Recorder

Startups

UAE startup Metric, founded by Pakistanis, announces 7-figure seed round

Launches 'world’s first Chief Financial AI' called Max

Published 17 Apr, 2025 01:04pm

Business & Finance

Dubai’s venture-capital-backed FDI soars 39pc in 2024

Dubai’s position on the global investment map has never been more pronounced. In 2024, the emirate experienced...

Updated 14 Apr, 2025 02:18pm

Technology

K-Electric turns to startups to help solve Pakistan’s energy woes—will it work?

In the world of big businesses, innovation often takes a backseat. Large corporations, with their rigid hierarchies...

Updated 03 Apr, 2025 11:38pm

Startup Recorder

Dubai’s Yango Group targets Pakistan, others with $20m startup fund: report

Dynamic, high-growth markets like Pakistan offer substantial opportunities, says spokesperson

Published 19 Mar, 2025 03:27pm

Technology

Paismo founders on why easypaisa partnership ‘a game-changer’ for their HR offering

Ability to get paid digitally safer for low-wage workers, says co-founder

Published 14 Mar, 2025 06:28pm

Business & Finance

Pakistanis residing in KSA keen to invest in IT sector

KARACHI: Pakistani entrepreneurs residing in Saudi Arabia, along with their Saudi partners, have expressed a strong...

Published 15 Feb, 2025 07:24am

Business & Finance

Ignite showcases promising Pakistani startups at LEAP 2025

RIYADH: Ignite – National Technology Fund, under the Ministry of IT & Telecom, presents 10 of Pakistan’s ...

Published 12 Feb, 2025 07:21am

Pakistan

HEC’s ICE25 concludes with resounding success

ISLAMABAD: The Investor Connect Event (ICE25), organised by the Higher Education Commission, on Tuesday, concluded...

Published 05 Feb, 2025 07:51am

Business & Finance

Pakistan’s LAAM Technologies raises $5.5mn seed funding

KARACHI: Pakistan-based technology-driven fashion startup, LAAM Technologies has successfully raised $5.5 million in...

Updated 13 Dec, 2024 11:02pm

Business & Finance

Ecosystem report: amid dwindling startup funding, i2i looks to offer insights

KARACHI: Invest2-Innovate (i2i) released on Thursday the fourth edition of its Pakistan Startup Ecosystem Report...

Published 13 Dec, 2024 06:29am

Business & Finance

NIC hosts Connect 2024, bringing Pakistan’s thriving startup ecosystem into spotlight

ISLAMABAD: The National Incubation Center (NIC), on Thursday, showcased local innovation, bringing Pakistan’s...

Published 08 Nov, 2024 07:10am

Business & Finance

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

Business & Finance

Top performers of PTCL’s ‘Ba-Ikhtiyar’ programme attend GITEX 2024 in Dubai

KARACHI: Pakistan’s leading telecommunications and ICT provider, PTCL Group (PTCL & Ufone 4G) showcased its...

Published 21 Oct, 2024 07:18am

Technology

Expand North Star in Dubai: from prosthetic limbs to drones for disaster relief, startups seek to address Pakistan’s challenges

DUBAI: Pakistan is a country grappling with a range of systemic challenges—be it healthcare, city management,...

Published 21 Oct, 2024 06:04am

Technology

UAE visa rejections, hosting GITEX in Pakistan: ambassador Faisal Tirmizi breaks it down

DUBAI: Ambassador to the UAE Faisal Niaz Tirmizi did not mince words as he acknowledged the recent ‘visa situation’...

Updated 21 Oct, 2024 01:26pm

Business & Finance

From ‘small village’ to humanoid teachers, hugging robots: GITEX GLOBAL highlights Dubai’s rise

DUBAI: Dubai Minister of State for Artificial Intelligence Omar bin Sultan Al Olama reminisced about the time when...

Published 17 Oct, 2024 06:34am

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

Pakistan’s tech sector reaps huge returns at GITEX, Dubai: PSEB acting CEO

DUBAI: Pakistan Software Export Board (PSEB) Acting CEO Zeeshan Khattak said the country’s tech companies are...

Published 16 Oct, 2024 06:58am

BR Research

Startups funding reviving?

After the boom in venture capital (VC) funding, the local startup scene entered a “funding winter,” with 2023 being...

Published 08 Oct, 2024 09:01am

Markets

Two Pakistani startups included in Forbes Asia 100 to Watch 2024 list

Two Pakistani startups, DealCart and NayaPay, have made their way to the Forbes list of Asia 100 To Watch 2024....

Published 27 Aug, 2024 10:54pm

Business & Finance

Govt ready to support startups, says Dar

ISLAMABAD: The government is ready to support the country’s youth in startups as they are s the biggest asset of...

Published 21 Aug, 2024 06:42am

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

Business & Finance

She Loves Tech launches Karachi round

KARACHI: She Loves Tech, the world’s largest women-led startup competition, launched its Karachi round, organized...

Published 14 Aug, 2024 06:40am

Business & Finance

Telenor Velocity, GSMA form alliance to empower startups

ISLAMABAD: Telenor Velocity, Telenor Pakistan’s premier startup accelerator, has formed a strategic alliance with...

Updated 10 Aug, 2024 08:09am

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 for Startups launches AI Academy

KARACHI: Google for Startups Tuesday announced the launch of AI Academy, a new program designed to support and...

Published 07 Aug, 2024 05:38am

Business & Finance

Byju avoids bankruptcy

MUMBAI: An Indian appeals tribunal stopped bankruptcy proceedings against troubled educational technology firm Byju...

Updated 05 Aug, 2024 07:34am

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

Markets

6 months of 2024: Pakistan’s startup funding falls 92%, amounts to measly $3mn

Pakistan’s startups attracted a measly $3 million in the first half of 2024, a massive 92% lower year-on-year,...

Updated 10 Jul, 2024 11:27pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 27	254.63
Diesel/Litre / Apr 27	258.64

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
Sui North Gas / Apr 25 Sui Northern Gas Pipelines Limited(SNGP)	13,338,455 ▲ 0.33
Secure Logistics / Apr 25 Secure Logistics Group Limited(SLGL)	12,723,116 ▲ 1.13

Markets →

Budget 2024-25: income tax calculator for FY25

Startups

Most Popular