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Lumen Acquires Pakistani-Owned Startup Alkira for $475 Million to Advance Cloud Networking Strategy
Lumen Technologies agreed to acquire Pakistani-owned Alkira for $475 million in all-cash transaction announced May 5. Alkira was founded in 2018 by Pakistani brothers Amir…
Shabbar Zaidi Urges Pakistani Startups to Explore Funding Beyond Venture Capital
Former FBR chairman Shabbar Zaidi urged Pakistani entrepreneurs to explore diverse funding channels beyond venture capital at IBA Karachi. He advised studying local success stories…
Bangladesh-Based Travel Startup GoZayaan Exits Pakistan Market After Four Years
Bangladesh-based travel platform GoZayaan announced it will exit Pakistan after four years, citing strategic realignment toward markets with stronger long-term potential. The company entered Pakistan…
Can Defense Tech Startups Actually Operate and Grow in Pakistan?
Pakistan’s startup ecosystem has traditionally been dominated by fintech, e-commerce and software companies, but a new category is slowly beginning to emerge: defense and aerospace…
Pakistan Launches Green Fields Platform Connecting Climate Startups With International Investors
Pakistan is preparing to launch a new platform to connect green startups with global investors. The initiative aims to bridge the funding gap for climate-focused…
Meta’s New Robot Startup Acquisition Has Tech Giants Panicking
Meta Platforms completed the acquisition of Assured Robot Intelligence on May 1, 2026 for an undisclosed sum. The acquisition brings the startup developing artificial intelligence…
Pakistan and Japan Agree to Strengthen Tech Startup Partnership Through Strategic Innovation
Pakistan and Japan are expanding technology cooperation through the “GO GLOBAL” event in Tokyo. The forum connects startups, investors, and industry leaders to explore collaboration…
Pakistan Ranks 16th Globally in Outsourcing Talent Index Surpassing UK, Germany and China
Pakistan has ranked among the top 9% globally in outsourcing talent, according to the 2026 Global Outsourcing Talent Index. The country outperformed several major economies,…
Pakistani Drone Startup Attracts $2 Million Foreign Investment
NICAT-incubated drone manufacturer NEXERIN has secured a $2 million investment from a German corporation, marking a significant milestone for Pakistan’s aerospace startup ecosystem. The deal…
BridgeStart Pakistan Partners With Startupbootcamp to Unlock GCC Market for Startups
The Prime Minister’s BridgeStart Pakistan announced a strategic partnership with Startupbootcamp today. Together, they plan to open new pathways for local businesses into the Gulf…
Why Startups Now Brag They Spend More Money on AI Than Human Employees
A new class of AI startups is bragging that they are taking money that would normally be used to hire people and spending it on…
What Is Pakistan’s Contribution to the Success of Cursor AI?
Cursor AI’s global success has triggered debate in Pakistan about the country’s role in such breakthroughs. While some question local contributions, others argue the real…
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