Startups
Pak-American Entrepreneur Raises $600M for AI Vehicle Startup Applied Intuition
SAN FRANCISCO: In a major development for the autonomous vehicle industry, Pakistani-American entrepreneur Qasar Younis has raised $600 million in new funding for his AI-driven startup, Applied Intuition, more than doubling the company’s valuation to an impressive $15 billion, according…
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MIT Enterprise Forum Pakistan launches Registration Drive for Smart City: The Hackathon
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MIT Enterprise Forum Pakistan, in collaboration with Center of Innovation and Entrepreneurship (CIE) at Information Technology University (ITU), has launched the registration drive for Smart…
SECP launches single online procedure for swift company registration
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The Securities and Exchange Commission of Pakistan (SECP), in continuation of its reforms to provide ease of doing business, has combined the procedures of reserving…
How can Pakistani Startups make the most of limited resources?
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The startup ecosystem in Pakistan is expanding and the journey might be close enough to make a significant impact, but this doesn’t mean that startups…
Nabeel Qadeer exits PITB
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The long-serving Director of Punjab Information Technology Board, Nabeel A Qadeer, who was managing the entrepreneurial wing at PITB has resigned from his position. Most…
Plan9 Launchpad 11: Meet the 10 shortlisted startups
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Plan9, the PITB-run startup incubator, has shortlisted 10 startups for its upcoming incubation cycle as the Launchpad11 concludes. The startup incubation and mentorship program run…
Global investors show interest in funding Pakistani startups, report
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The future of Pakistan’s entrepreneurial ecosystem looks very bright with local and international investors stating that Pakistan is “an opportunity too large to ignore”, according…
PTCL invests PKR 1 Billion in U Bank
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Pakistan Telecommunication Company Limited (PTCL) has injected an additional equity of PKR 1 billion in U Microfinance Bank Ltd. (U Bank), which is a wholly…
Nest I/O has incubated over 100 startups which have created 370 new jobs in 3 years
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The Nest I/O, a tech incubator backed by P@SHA has recently hosted an event for its network of alumni and startups to mark its 3-year…
DreamX claims the top prize on the last day of APIthon
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APIthon concluded after two days of API filled hacking and coding. ‘DreamX’, a platform looking to introduce conversational banking, claimed the top prize with ‘RepairWala’…
Peshawar gets another tech incubation center for startups and entrepreneurs
4 min read
In recent years, Pakistan has seen a rise in the number of tech-centric startups. However, there is also a need for developing incubators and accelerators…
SECP records 44% increase in companies registration in Pakistan
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In the first half of current financial year, the Securities and Exchange Commission of Pakistan (SECP) registered 4,954 new companies, raising the total number of…
Meet the 20 startups shortlisted for the NEST 7th batch
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The Nest I/O, business incubator at Karachi, has introduced its latest cohort of 20 startups working in areas as diverse as Education, Technology, Healthcare, and…
Y Combinator is launching a biotech track
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Y Combinator aka YC, an American seed accelerator that backed many big firms including Airbnb and Redditt is now funding more startups in the field…
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