Plan9. In the list of small business ideas in Pakistan, Fries Chips business is a good business idea to make handsome income on monthly basis. Ignite startup portal has a network of NICs in 5 major cities of Pakistan. Bol Network; Bol Entertainment; Bol BEATS; Friday, May 20, 2022; UPDATED 02:34 am PKT; E-Paper; Edition: English English; Urdu The startup was founded in 2018 (2 years before TAG) and most recently raised a $7.2MM Seed round of funding in May 2021, led by Recharge Capital. . Building Successful Agritech Startups In Pakistan Islamabad Jan 7, 2022 Virtual Event (Free) Startup Grind with Elif UĞUR Hosted By Fatima Azam , Community Manager Islamabad Jan 2, 2022 Virtual Event (Free) Startup Grind with Udhaar . By Muhammad Soban ISLAMABAD, Mar 07 (INP-WealthPK): In the first two months of 2022, Pakistani startups received $68.15 million from investors. Startup Cup is the country's Biggest Startup Competition, that aims to connect, scale and inspire young innovators and entrepreneurs all . 12 . He made this announcement while chairing a meeting in Islamabad on Tuesday to follow up on his foreign visits and IT sector initiatives introduced by the Government. Uncategorized. They however, beat that by 10x and crossed the target with over 10,000 retailers onboarded. The Q1 2022 Pakistan Venture Report is one of MAGNiTT's flagship reports that provides a quarterly update on the venture capital and startup ecosystems in Pakistan benchmarked with its peer EVMs. Rs 80,000 - Rs 100,000 a month. 1. 35 Low Investment, Small Business Ideas in Pakistan 2021. It aims to inspire, educate and inform existing and aspiring entrepreneurs. This digital lending platform offers loans to Pakistan's underbanked after performing a complete assessment using the alternative data. Finance; Funding; . "Pakistan start-ups raised more than $ 375 million in 2021, doubling the total for the last six years . Pakistan observed a start-up boom in 2012, after which an . Press Release Carrefour boosts its investment in Pakistan to PKR 10.5 billion with The Opening of its 10th store. It's a private tech incubator started by Netsol, a successful Pakistani IT services company. They are all exceptional startups well worth a follow. Vartahub. 13 Startups in Pakistan. Admin GRP; April 22, 2022; According to the most recent census, Pakistan has 212.2 million people. 2020: Pre-seed - $2.3 million Shorooq Partners, 500 Startups, and 92 Ventures. Sandhya D'Mello. Company Status. Bazaar Technologies, a B2B eCommerce startup based in Pakistan, has raised $70 million in what was the country's second-largest funding round on record, according to . Posted on March 15, 2022. 5) Inov8 ($5.4 million) Inov8 is an innovative B2B payment solution founded in 2004. 34. While TAG is often referred to as the "only" or the "first" neobank in Pakistan, Sadapay shouldn't be overlooked. Active. AFP. AarogyaAI. The "Invest in Pakistan" Forum was conducted in Silicon Valley's San Jose. "2021 was a remarkable year for Pakistani startups where investments grew by almost 5 times over 2020 and that 2022 is looking even better. These funding rounds have attracted the attention of a group of eight investors that have pledged a mammoth $102.1 Million to help the business to continue growing and expanding. So, if you're thinking of starting a business in Pakistan, perhaps high-quality leather footwear is the ideal industry for you. 83 startups in Pakistan raised $350 million in 2021 — more than five times the amount in 2020 — according . The rise of start-ups began a few years back, and now the trend has spread all across the world. In other words, the figures are expected to be larger this year. Here, we are going to talk about the top 5 startups of Pakistan that are bound to do really well in 2022 Moreover, the popularity of these startups has vigorously increased over the past few years. Inactive. Startups in Pakistan, one of the last untapped frontier markets, raised $486m of global capital since January 2021. . Nspire. These startups are taking a variety of approaches to innovating inside of Pakistan and around the world. Top 10 Innovative Startups in Pakistan in 2022. Funding this year has outstripped the last six combined . Updated Sunday Jan 30 2022. According to Pakistan's consultancy firm, there were 83 new startups in Pakistan in the midst of the global pandemic. Zameen.com has been able to secure $29 million . 0 - 450. 1. According to Invest2Innovate, a Pakistani consultancy firm, the sector raised more than fifty percent of what was raised in all of 2021 ($350m). Content Writing - Zero Investment Business Idea. In terms of investment, Bazaar raised a USD 6.5 Million seed round, followed by the country's largest Seed A round amounting USD 30 Million. In 2022, these blockchain "web3" startups have already received above $3.6 billion, surpassing last year's record pace. The site helps users to be more efficient in all parts of the event organising process, from planning, to promoting . Earlier in June 2020, the company had raised $1.3 million becoming the country's largest pre-seed round. 1. Startup Grind APAC Road to Global 2022 Lahore Feb 9, 2022 In-Person Event (Free) Biznet2022: Glamorizing Pakistan Startups Lahore Jan 12, 2022 In-Person Event SG Fireside Chat with Salman Aslam, CEO, Clustox Lahore Sep 9, 2021 Virtual Event (Free) Evolution Of Cricket With Technology Lahore . Timeline. . Startups; Startups in UAE; Believe it or not, starting a fries-chips business is also considered as a profitable business with low investment in Pakistan. Pakistan's Super Rich Own $10.6 Billion Worth of Property in Dubai. Pakistan Tech News gets you in touch with Auto, Pakistan Defense, Digital Pakistan, happenings in the Fintech . 1) Tajir. Redlemon Communications was founded by Rakesh Doley and Pankaj Gogoi in 2011. Plan X, a project of Punjab Information Technology Board, is one of the earliest accelerators in Pakistan and was founded in September 2014. Along with these projects, Redlemon offers training, consulting, and other services. It was founded in 2020 by Muhammad Talha Ansari, Muhammad Nowkhaiz, and Wahaj Ahmed. Agriculture entrepreneurs are bringing the digital age to Pakistan's farmers, helping them plan crops better and distribute their produce when the time is right . Pakistan in talks with Russia for LNG imports. Cha. 1. Most of startup investments never land in Pakistan. 2021: Seed - $6.7 million from Shorooq Partners, Abercross Holdings, AgFunder, and Arzan VC. Tajir is a business-to-business platform for small businesses. Ambassador Masood Khan thanked the audience from Pakistan and across the United States, including members of the US government, for attending the event, praising the organisers and speakers/panelists for their efforts in showcasing Pakistan's enormous potential to grow exponentially in the IT and Tech sectors. Most Popular Guides . More money has flowed into Pakistan's nascent technology sector during 2021 than in the previous six years combined. While TAG is often referred to as the "only" or the "first" neobank in Pakistan, Sadapay shouldn't be overlooked. . Only one business-to-consumer (B2C) company, Airlift Technologies, is in the running to become a unicorn this year. Ignite CEO Asim Shahryar Husain, talking about the event last week, said, "It is a proud moment for Pakistan, MoITT, Ignite and our NICs that 12 NIC startups will be participating in LEAP 2022. Since Pakistan is one of the top ten most polluted countries globally, it's important to maintain cleanliness and care about the . Global investors are pouring money into Pakistan's budding tech sector. Startup. Job Timings: 10 am to 7 pm *. Pakistan Trends; Startup Ideas; 233 views; 5 minute read; 7 Most Profitable Businesses in Pakistan 2022. Business analysis: While leather exports from Pakistan dropped by 5.6 percent from $58.186 million to $54.955 million from 2019 to 2020, year on year, exports have increased by 12.19 percent. Nspire is a newcomer. Speaking at an event Biznet 2022 to celebrate achievements of startups in Pakistan, he said it was heartening to note . TiE Islamabad is thrilled to announce the launch of the 8 th edition of the Pakistan Startup Cup. Fries Chips. This was the largest Series A funding raised by a startup in Pakistan. CreditFix was part of the Bill & Melinda Gates Foundation which was launched in 2016 in Pakistan. Applications Open for Pakistan Startup Cup 2022. Most of startup investments never land in Pakistan. Business. Startup Grind APAC Road to Global 2022 Islamabad Mar 7, 2022 In-Person Event (Free) Brand . Learn. In August 2021, Airlift raised $85 million in a series B funding round, an unheard of amount in the . #Pakistan , #Investments , #Pakistani startup , #Startups Writer Feb 28, 2022 PRINT EDITION . The company is based in Lahore with a total funding at 4 million, and certainly a startup to watch out for in 2022. HR Ways. Crowd funding is a digital platform that allows startups and SMEs to raise funds from investors in return for securities. 4) Bykea ($5.7 million) Bykea is an on-demand ride-hailing and parcel delivery startup founded in 2016 by Muneeb Maayr. 11. Pakistani startups raised $163m through 15 deals during the first three months of 2022 despite the COVID-19 fallout. While closing 17% of total transactions recorded in FY'21, and 1 fewer transactions compared to Q1'21, the Pakistani VC ecosystem was able to . Share Share Twitter Pinterest. During the first three months of the year, Pakistani startups . A great number of successful startups originated from this program. "The question is, when the slowdown happens, what is the cause of the slowdown and how it affects local startups.". 4 Failed Courses Startups & the Reasons Behind. All you need for it is a laptop along with internet access or simply a pen and paper . 32. Discover startups in different industries and the investments made. 3. Here are 4 courses startups that have . 1) Zameen.com ($29 million) Zameen.com was founded in 2006, it's the most well-funded startup of Pakistan. Freelance Business. Crypto platform Fasset raises $22 million in Series A funding and plans its next expansion into Pakistan News [ April 13, 2022 ] UAE's foodtech startup, Right Farm . — SEC Pakistan (@SECPakistan) October 27, 2020 No. Active. Pakistani startups have raised a total of $563.5 million across 255 deals since 2015 with $350 million raised via 83 deals in 2021 alone . . The "Invest in Pakistan" Forum was conducted in Silicon Valley's San Jose. According to the Pakistan Software Houses Association (PASHA), the local industry generates approximately US$2 billion in annual revenue, with a growth rate of around 30 per cent. If you are wondering what the common factor of growth and success of these startups is, the answer is a single word 'Digitalization'. 0 Comments 53 Views. The startup was founded in 2018 (2 years before TAG) and most recently raised a $7.2MM Seed round of funding in May 2021, led by Recharge Capital. The most influential investors, global startup champions, and corporate executives will be joining the Startup World Cup grand finale event in San Francisco on September 30, 2022 to crown a global . To further promote the culture of startups in Pakistan, Prime Minister Imran Khan recently announced to establish Pakistan Technology Startup Fund worth Rs1 billion that will provide funding to 50 startups annually. The country has seen startup hubs form around elite universities in cities like Lahore and Karachi—similar to Boston and San Francisco—in the last few years. Since its inception in 2012, it has been home to many successful startups like TiketKataao, Qayaam, HomeStove and many more. Startup Fever Is Gripping the World's Last Big Untapped Nation. February 3, 2022, 5:00 PM PST. Overall, Arafat (Saudi Arabia) has recorded 47°C and is the fourth hottest place on earth while Matam (Senegal) has recorded . Compared to the first quarter of 2021, it's an increase of 776% from $20 million. Studio 90 Solutions. It was 4%. President Dr Arif Alvi Thursday said the government was taking measures to encourage the growth of information technology startups and also ensuring their access to bank loans at low interest rates. MAGNiTT provides a full list of startups and early-stage companies in the Middle East, Africa, Pakistan and Turkey. Technology startups in Pakistan were . May 19, 2022 Eventually, they settled on Pakistan's retail sector, where huge fragmentation and inefficiency provided a real opportunity for a technology-enabled solution. . SadaPay: Pakistani Neobank. Get the latest technology news and know more about Pakistan's startup ecosystem. Employer. So, Ignite is igniting the startup ecosystem of Pakistan." In 2021, investment in Pakistani startups grew by 5 times over 2020 to $373 million and 2022 is looking even better. Collection of best startups from different industries to inspire you. Resources 157. The fivefold growth of Pakistan tech startups from $66 million in 2020 to around $280 million in 2021 will likely slow. Asif Javed. Pakistan's startup sector witnessed the best year in 2021, as 81 deals worth $350 million . By JayGeater March 21, 2022 . January 10, 2022. . Fintech startups booming in Pakistan. There is . In comparison, only $66.44million was raised in 2020. 33. It has successfully secured $5.7 million of disclosed venture capital till date. . Karachi. Additionally, Poridhan, a Guwahati-based NGO launched by this startup, works to promote healthy living among youth. 8. According to Payoneer survey, six countries such as India, Bangladesh, United States, Pakistan, Philippines and United Kingdom are the clear cut capitals of freelancing. WhatsApp. Howler is the next South African startup company to watch in 2022 and it operates within the events industry, using technology to provide an organising platform.The platform gives its customers the ability to control the event they are trying to run, with a whole lot less stress. ANL 12.26 Increased By 0.66 . By ProPK Staff | Published Mar 16, 2022 | 1:22 pm. Pakistan's Truck It In has raised $13 million in early-stage funding, the largest for a logistics startup in the Middle East, North Africa and its home country . By ProPK Staff | Published May 13, 2022 | 6:39 pm. The momentum appears to be regular for startups after a joyous 12 months, and as startups enter into a […] Co-founded by two brothers, zameen.com is considered to be the best property portal of Pakistan which allows for the buying, selling, and renting the properties in major cities of Pakistan. It is a leading fintech startup in Pakistan that offers very unique financial services. 3) Retailo ($45 million) Retailo is a B2B marketplace for small businesses (Kiryana stores) in Pakistan. Applications are currently open till 31st December 2021. More specifically, funding to Web3 companies in 2020 was about USD 20 million in 30 deals, while 2021 saw investments rise to USD 380 million in 93 deals . The pair launched Bazaar in June 2020. of Employees. The UAE startup sector's trajectory is unstoppable as the industry has retained its top position both in terms of funding and deals in 2021 . Urgently hiring. Startup businesses are real grown-ups in Pakistan if we compare them with the past, but yet there is a lot we need to do to make Pakistan's economy good. Unlike other accelerator programs, PlanX does . Nine Pakistani women entrepreneurs have left for the United States this week under a program funded by the American Embassy in Islamabad and . This article showcases Startup Pill's top picks for the best Pakistani startups. Updated Mar 23, 2022. Easily apply. Company Portfolio: Hiring for one of the leading messaging app services in Pakistan with top-notch 50+ employees.*. Gold Rate Pakistan Provides the Most Up-To-Date Live Gold Prices and Charts to Make Following the Price of Gold Simple and Quick. Prime Minister Imran Khan has taken the initiative of Kamyab Jawan startup Pakistan registration 2021 with the vision to develop a national startup ecosystem that provides one million young people training in entrepreneurship and launch 10,000 startups by 2023. 1980 - 2022. 8. Thu, 3 Mar 2022, 10:49 PM. Most of startup investments never land in Pakistan. The Startup Guide is a monthly magazine focused on capturing the future of business in Pakistan. Applications for its first batch of startups are currently open. Business. Pakistan's GiG Economy, Technology and Business News. Startups and Innovation; GiG Economy; Ecommerce Up to date, it has committed to funds worth PKR 8.28 billion, admitted 846 startups, graduated 317 startups and have generated total revenue of PKR 2.95 billion. Daily Times Pakistan. News; Business. Most of startup investments never land in Pakistan. 19. SECP has granted approval to the first technology-based crowd funding platform for commencement of live testing under first cohort of Regulatory Sandbox. April 28, 2022. It's been somewhat over three months because the 12 months 2022 began and Pakistan's startups have introduced elevating investments value $130 million. Pakistan's economy has been battered . Kalsoom Lakhani, the founder of Invest2Innovate and general partner at its . Plan 9 is a Lahore based tech incubator. Startup Pakistan got you the latest news to have an eye on Pakistan's Affair. Page Contents. We've decided to take a deep dive and put together a list containing 13 fast-growing startups in Pakistan that have top-tier venture capital funding. . Pakistani companies raised $350 million. Pakistan's startup ecosystem is ready for lift-off now as the investment forecast in Pakistani startups is more than $600 million by end of this year, said CEO Ignite here on Wednesday. SadaPay: Pakistani Neobank. Govt gets financial relief as China rolls over $4.2b debt. It is a 5-step process with assistance provided at each step. 2022. There are several startups that have raised eye-popping funding as investors recognize the potential of startups in the Pakistani market. In 2021, Pakistani startups gained the largest share of logistics finance at 32%, followed by e-commerce at 27%, fintech at 25%, and tech and health tech, according to data from startup investment advisory platform Alpha Beta Core. Updated Mar 23, 2022. Aitmaad. Apr 6, 2022 . 2022. May. Pakistan women fight gender norms to build online health business . Prime Minister Imran Khan has announced the establishment of Pakistan Technology Startup Fund to provide seed funding worth one billion rupees to around 50 Startups annually. Launched as a mass transit startup in 2019, Airlift pivoted to B2C e-commerce in the middle of Covid-19 lockdowns in 2020. . Small Business Ideas with Low Investment and High Profit. May 19, 2022. According to an article published in Dawn, the total amount of funding raised by all startups in 2021 was over $360 million. May 19, 2022 Take a look at the 50 best startup companies to keep an eye on in 2022. September 9, 2018. Pakistani startups collectively raised a record $365.87m in 2021, 450pc higher than the $66.44m raised in 2020. The startup had an initial target of serving 800 retailers in Karachi by the end of 2020. The Punjab province, where Lahore . However, this . 4. Startups: It's not just the cuisine and the rich culture that make Kolkata, West Bengal's capital, so special—In eastern and northeastern parts of India, it is the financial.Kolkata is an entrepreneurial hub bustling most of us don't realize how many startups there are. The company has done very well in terms of attracting investment support, with funding rounds in 2020, 2021 and 2022. The startup scene in the world's fifth-largest nation is having a breakout year. Pakistan's startup sector witnessed the best year in 2021, as 81 deals worth $350 million were made, according to . Published: Tue 18 Jan 2022, 6:30 AM. They promote a free . In the first quarter of 2022, Pakistani startups have raised more than $150 million already and if the momentum continues like this, forecast for 2022 is between $600 . January 21, 2022. Project Coordinator. Ambassador Masood Khan thanked the audience from Pakistan and across the United States, including members of the US government, for attending the event, praising the organisers and speakers/panelists for their efforts in showcasing Pakistan's enormous potential to grow exponentially in the IT and Tech sectors. Ignite's . 25,336 talking about this. 24. CreditFix. Top 10 Most Reputed Startups In Kolkata 2022. Simply yesterday, B2B startup Bazaar introduced a hefty $70 million elevate in Sequence-B spherical. Published On 16 Mar 2022 16 Mar 2022. Pakistani startups raised $174 million in disclosed funding across 17 deals in the first quarter of 2022. "It's not going to go to $1.5 billion [next year]," Gondal of Zayn Capital said. PlanX. And, compared to the fourth quarter of 2021, it is an increase of 140% from $71 million. From 2015 to 2022 YTD, Pakistani startups have now raised a total of $728 million across 272 deals. and easy on the environment. 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