Startups
Neem Paymenow Gets Rs100 Million from HBL to Scale Earned Wage Access
Neem Paymenow, Pakistan’s pioneering earned wage access platform, has secured a Rs100 million term sheet—the first tranche of a $4 million credit facility—from HBL. This strategic move will enable Neem Paymenow to accelerate its Shariah-compliant solution, empowering working Pakistanis with…
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EcoEnergy raises over $600,000 from SIMA funds
2 min read
EcoEnergy is a pay-as-you-use solar energy provider in Pakistan. They have successfully penned down a debt finance deal with Social Investment Managers and Advisors (SIMA).…
The legal spat between OLX and PakWheels will pave way for investments, Industry Experts
4 min read
A legal battle has ensued between PakWheels and OLX over copyright infringement and intellectual property theft, as reported by Reuters. OLX has claimed that the…
Careem launches in Quetta
2 min read
Balochistan, located on the intersection of the Middle East, Central Asia, and South Asia, has the potential of becoming a regional hub for trade in…
foodpanda turns Rawalpindi & Faisalabad pink
3 min read
foodpanda, the on-demand international food delivery service, has headed up north and opened up a world of exciting flavours to residents in Rawalpindi and Faisalabad…
These 7 Pakistanis made it to the Forbes 30 Under 30 Asia List
3 min read
Pakistani entrepreneurs, startups, and inspirational stories are quite often neglected by international media due to the negative impact of terrorism, religious extremism and women’s rights…
Beyond the Buzz: Pakistan’s most comprehensive startup report launched
3 min read
Social Innovation Lab, a social enterprise incubator, today, has launched its report ‘Beyond the Buzz: A deep dive into Pakistan’s entrepreneurial ecosystem’. The report claims…
Sehat Kahani closes $500,000 seed funding round
2 min read
Sehat Kahani, a social impact telehealth startup, has raised $500,000 collectively in seed funding from multiple sources including equity investment and grant funding. The recent…
Alibaba in talks to acquire Daraz
2 min read
The rumors surrounding the acquisition of Pakistan’s biggest ecommerce store Daraz have once again started to get strong. As reported by Bloomberg, there is a…
Entrepreneurship Bootcamp concludes at National Incubation Center Islamabad
2 min read
Teamup collaborated with the Pakistan-US Alumni Network and conduct an Entrepreneurship Bootcamp at the National Incubation Center, here in Islamabad last week. The bootcamp which…
Superior Group launches its entrepreneurship facility Innovation District 92
4 min read
Launched on the 17th of March, Innovation District 92 is announced itself as the new hub for innovation and change makers in Lahore. This private…
Pakistani govt to set up PKR 1 billion Venture Capital fund for startups
2 min read
The startup ecosystem in Pakistan is expanding and the journey might be close enough to make a significant impact. Earlier this month, the ministry of…
ModulusTech to represent Pakistan at the Global Manufacturing & Industrialization Summit, Germany
2 min read
ModulusTech has been selected by the Pakistani office of United Nations Industrial Development Organization (UNIDO) to represent the country at the world’s first Global Manufacturing…
PakVitae, a startup for clean drinking water, wins regional HULT prize
2 min read
Unfortunately, in Pakistan, almost 22 million locals are forced to drink contaminated water due to the poor sanitary conditions in the country. To challenge that,…
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