Investment
SECP Warns Public Over Illegal 4D Group Investment Scheme
The Securities and Exchange Commission of Pakistan (SECP) has issued a public warning about an illegal investment and deposit taking scheme promoted by the 4D Group of Companies and its owner Muhammad Asif. SECP Warns Public that the scheme promises…
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Pakistan’s foreign direct investment drops by 27pc
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Foreign Direct Investment (FDI) declined by 27.4 percent during the July-Jan 2021 period of the current fiscal year. According to the latest State Bank of…
Chinese firm to set up $150m industrial park in Lahore to boost exports
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A Chinese apparel firm is investing a grand total of $150 million in an industrial park project on Lahore’s border with Kasur. The park will…
Egyptian companies are interested in investing in energy, health sectors of Pakistan
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Encouraged by Foreign Minister Shah Mahmood Qureshi, Egyptian businessmen have expressed a keen interest in investing in various sectors in Pakistan, including housing, energy, and…
Pakistani startup VINNCORP raises $100,000 from HRSG
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VINNCORP, a digital tech startup, has secured its first around of funding from HRSG, a leading people and business solutions firm. The six figure initial…
A Pakistani fintech startup called Safepay raises 7 figure seed funding from global company
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Safepay, a startup located in Karachi, raised upto nearly a 7 figure seed funding in USD from a global financial technology company called Stripe. The…
Bogo Pakistan raises six-figure investment for its performance-based marketing and discovery platform
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Bogo Pakistan, a subscription-based deals and discounts app providing offers for food and lifestyle merchants, announced today that it has raised six-figure investment from local…
Kuwaiti tech firm keen to invest in water and solar projects in Sindh
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Enertech, a Kuwaiti state-owned enterprise, has declared its interest in the Pakistani space, as it looks forward to invest in water, solar, and food security…
Pakistani startup Bazaar raises a staggering $6.5 million in a seed funding round
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In one of the largest seed funding rounds, Bazaar has raised $6.5 million in seed funding in a round co-led by Global Founders Capital and…
Pakistan’s fintech giant Finja raises $9 Million in Series A1 round
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A few days back, we reported about Finja getting a much-needed approval from SECP to start pilot operations for their peer-to-peer platform. That was pretty…
Breaking: Pakistan’s leading organic skin care and hair care brand raises six digit investment
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Conatural, Pakistan’s leading natural and organic skin and hair care brand announced their Pre Series A round of investment. The Company raised a USD six-figure…
Miniso has acquired ToSharing for around $7 million to expand eCommerce operations in Pakistan
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Miniso intends to ramp up its operations in Pakistan by acquiring Cheezmall subsidiary ToSharing for a valuation between $5 million to $7 million. This acquisition…
Amazon registered over 30 Pakistani sellers on their platform
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Pakistan is currently going through the process of registering the e-sellers with Amazon. By far over 30 sellers have been registered with the e-commerce giant.…
Tesla becomes most valuable automaker in the world as stock price hits $1000
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Tesla has overtaken Toyota to become the most valuable car manufacturer In the world by market capitalization after its stock price hit $1000 for the…
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