Startups
Foodpanda Pakistan’s €11.2 Million Profit: Milestone or Mirage?
Foodpanda Pakistan has reported its first-ever annual profit, according to Delivery Hero GmbH’s 2024 financial results. The company posted a net income of €11.2 million, marking a major shift after years of continuous losses. Despite the positive result, Foodpanda Pakistan…
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Elevate The Youth is a capacity building accelerator for the youth of Pakistan
3 min read
The need of time has allowed entrepreneurship and social innovation to become a popular global phenomenon around the world. Whilst youth of developed countries has…
Careem acquires a chunk of VentureDive in a hefty deal
2 min read
Taxi-hailing cab service, Careem, has acquired a one-third chunk of VentureDive’s development team for an undisclosed amount that includes cash and equity, both. The acquired…
Pakistan among emerging markets of the future, new report says
5 min read
BMI Research, a financial market analysis firm, has recently identified 10 emerging markets from the Asia and Africa region that are set to become new…
Careem acquires 50 engineers in Pakistan, will invest 100 million dollars in R&D
2 min read
Update: A previous version of the story indicated that Careem has hired 50 engineers – which is slightly incorrect. Careem has acquired a chunk of…
Careem introduces real-time ride tracking system in Pakistan
2 min read
Taxi-hailing startup Careem has now introduced a new feature to let people track their friends’ or loved ones’ rides in real-time. “At Careem we value…
This MIT-based startup is hoping to change the Agriculture setup starting with Pakistan
4 min read
Agriculture remains a widely untapped area from our startup industry viewpoint. This area is so vast that several startups can co-exist without the fear of…
Postmortem of My First Startup
10 min read
Like many programmers and developers, I have also been inspired by the glorious entrepreneurs like Steve Jobs, Mark Zuckerberg, or Larry Page. This inspiration led…
Well.pk, health ecommerce site, closes seed funding round of around US $1 million
2 min read
Health and lifestyle e-commerce startup Well.pk has secured close to US$1 million from its initial seed funding round, primarily backed by angel investors Nadeem Hussain…
ATM Skimming: A guide to keeping your ATM credentials safe
5 min read
Hackers have a way to bypass everything from machines to handheld devices. They can make your security measures seem useless and sometimes even foolish. Today,…
KarloCompare closes angel investment round with a 7-figure funding
3 min read
KarloCompare announced today that they have raised a PKR 7-figure funding from Hina Khawaja Bayat and Roger Dawood Bayat in their first angel investment round.…
Cheezmall and ACCA sign MoU for improving eCommerce industry in Pakistan
2 min read
Cheezmall and The Association of Chartered Certified Accountants (ACCA) have signed an Memorandum of Understanding (MoU) for the promotion of eCommerce in Pakistan. Cheezmall itself…
Invest2Innovate is hosting the local edition of Slush Global Impact Accelerator 2016
2 min read
Invest2Innovate has partnered with Slush for the second time to host the local edition of the Global Impact Accelerator 2016. The event is scheduled to…
Marham, a healthcare startup, vows to transform health sector for good
4 min read
In a matter of a few months, plenty of health segment startups have emerged in Pakistan. Why should they not? Of all the segments, healthcare…
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