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Startups

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

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

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

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

Technology

Pakistan’s DealCart announces $3mn seed round led by international investors

DealCart, a Pakistani social e-commerce startup, announced on Thursday that it has successfully raised $3 million in...

Updated 05 Jul, 2024 07:09pm

Pakistan

Enhancing exports a must for sustainable growth: Senate chief

ISLAMABAD: Chairman Senate Syed Yousuf Raza Gillani has said that for country’s sustainable and inclusive growth ...

Published 27 Jun, 2024 06:52am

Business & Finance

‘Pitch2Fork’: Startups from Pakistan, India & BD showcase their initiatives

LAHORE: Entrepreneurs across Pakistan, India and Bangladesh recently presented their initiatives to a panel of...

Published 16 May, 2024 06:28am

BR Research

Startups in misery?

Pakistan’s startup landscape largely led by tech startups in terms of both funding and growth has made significant...

Published 05 Apr, 2024 09:39am

Technology

Google Cloud announces ‘startup competition’

KARACHI: Google Cloud has launched its Startup Competition Pakistan 2024, which aims to unearth the nation’s most...

Published 05 Apr, 2024 04:50am

BR Research

Interview with Qazafi Qayyum, CEO - TenX

‘Adoption of AI much faster among startups than large organisations’ Qazafi Qayyum is Chief Executive Officer of...

Published 15 Mar, 2024 08:58am

Business & Finance

Investors, startups: PTBA urges SECP to update guidelines, remove procedural snags

KARACHI: The Pakistan Tax Bar Association (PTBA) has requested the Securities and Exchange Commission of Pakistan...

Published 08 Feb, 2024 05:02am

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 1	278.43
USD PKR Interbank Buying / Jan 1	278.23
USD to Japanese Yen / Jan 1	156.83
USD to Swiss Franc / Jan 1	0.91
Pound Sterling to USD / Jan 1	1.28
Euro to USD / Jan 1	1.09

Stock	Volume
S&P 500 / Jan 1	5,304.72
India Sensex / Jan 1	75,390.50
Tokyo Nikkei / Jan 1	38,852.02
Nasdaq / Jan 1	16,920.79
Hang Seng / Jan 1	18,827.35
FTSE 100 / Jan 1	8,317.59
Dow Jones / Jan 1	39,069.59
Germany DAX 30 / Jan 1	18,774.71

Item	Value
Petrol/Litre / Jan 1	273.10
Crude Oil USD/Barrel / Jan 1	78.75
Karachi Cotton PKR/37.32 KG / Jan 1	19,935
Gold 10 Grams PKR / Jan 1	206,447
Gold Spot USD/Ounce / Jan 1	2,351.39
Diesel/Litre / Jan 1	274.08

Gainers
Losers
Leaders

Stock	Price
Bank Makramah / Jan 20 Bank Makramah Limited(BML)	3.61 ▲ 0.91 (33.70%)
Burj Clean Energy Modaraba / Jan 20 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.60 ▲ 1.00 (13.16%)
Apna Microfin. / Jan 20 Apna Microfinance Bank Limited(AMBL)	10.50 ▲ 0.97 (10.18%)
I.C.C. Ind. / Jan 20 ICC Industries Limited(ICCI)	11.61 ▲ 1.06 (10.05%)
Loads Limited / Jan 20 Loads Limited(LOADS)	17 ▲ 1.55 (10.03%)
AKD Securities / Jan 20 AKD Securities Limited(AKDSL)	24.93 ▲ 2.27 (10.02%)
Ghani Chem. Ind. / Jan 20 Ghani Chemical Industries Limited(GCIL)	18.24 ▲ 1.66 (10.01%)
Attock Cement / Jan 20 Attock Cement Pakistan Limited(ACPL)	254.47 ▲ 23.13 (10.00%)
Baba Farid Sugar / Jan 20 Baba Farid Sugar Mills Limited(BAFS)	53.44 ▲ 4.86 (10.00%)

Stock	Price
Hussain Industries / Jan 20 Husein Industries Limited(HUSI)	31.09 ▼ -3.45 (-9.99%)
Faisal Sp. / Jan 20 Faisal Spinning Mills Limited(FASM)	334.01 ▼ -35.89 (-9.70%)
Parmount Sp. / Jan 20 Paramount Spinning Mills Limited(PASM)	4.61 ▼ -0.44 (-8.71%)
Sindh Abadgar / Jan 20 Sindh Abadgar's Sugar Mills Limited(SASML)	38.04 ▼ -3.46 (-8.34%)
MithchellsFruit / Jan 20 Mitchells Fruit Farms Limited(MFFL)	279 ▼ -24.10 (-7.95%)
LSE Financial Serv. / Jan 20 LSE Financial Services Limited(LSEFSL)	19.26 ▼ -1.62 (-7.76%)
AN Textile Mill / Jan 20 AN Textile Mills Limited(ANTM)	11.80 ▼ -0.99 (-7.74%)
Service Textile / Jan 20 Service Industries Textiles Limited(SERT)	13.82 ▼ -1.16 (-7.74%)
Masood Textile / Jan 20 Masood Textile Mills Limited(MSOT)	52.02 ▼ -4.22 (-7.50%)

Stock	Volume
WorldCall Telecom / Jan 20 Worldcall Telecom Limited(WTL)	101,934,297 ▼ -0.01
Lotte Chemical / Jan 20 Lotte Chemical Pakistan Limited(LOTCHEM)	59,408,954 ▲ 1.94
Bank Makramah / Jan 20 Bank Makramah Limited(BML)	57,604,421 ▲ 0.91
Hub Power Co. / Jan 20 The Hub Power Company Limited(HUBC)	36,888,747 ▲ 0.70
Hascol Petrol / Jan 20 Hascol Petroleum Limited(HASCOL)	32,496,536 ▲ 0.17
Dewan Motors / Jan 20 Dewan Farooque Motors Limited(DFML)	28,438,701 ▲ 1.02
Citi Pharma Ltd / Jan 20 Citi Pharma Ltd.(CPHL)	24,244,731 ▲ 7.71
Maple Leaf Cement / Jan 20 Maple Leaf Cement Factory Limited(MLCF)	19,741,577 ▲ 2.08
The Searle Co. / Jan 20 The Searle Company Limited(SEARL)	17,062,686 ▲ 4.29

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