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Pakistani Startups Raise $15 Million in Q3 2024 Despite Global Venture Capital Slowdown
3 min read
Pakistan’s startup ecosystem is showing signs of resilience despite the diminished VC trends around the world. Pakistani startups secured $15 million in four transactions in…
OpenAI’s valuation raises to $157 Billion following latest funding round
3 min read
OpenAI, the company behind ChatGPT, recently closed a $6.6B funding round, which brings the company’s valuation to $157B. The major shareholders are a company that…
46,000 Job Opportunities for Pakistanis through CPEC Energy Projects
3 min read
So far, 46,500 Pakistanis have been engaged in energy projects (finished and under development) funded by the China-Pakistan Economic Corridor (CPEC). Considering the various economic…
Ericsson brings $31 million investment to Pakistan: IT Minister
2 min read
Concerted efforts to attract foreign investment to Pakistan have clearly been bearing fruit, as exemplified by the recent instance of Ericsson – the world’s largest…
Pakistani startups have raised $300mn so far: Shibli Faraz
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Minister of Science and Technology Shibli Faraz observed that the incredible rise in investment in the country’s technology sector is indicative of the fact that…
German investors interested in auto, aviation sectors of Pakistan
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Accoridng to German Emirati Joint Council for Industry and Commerce Chief Executive Officer Oliver Oehms, German businesses are keen on exploring joint venture and investment opportunities in…
Pakistan Kuwait Investment makes PKR 500 million equity investment in Planet N, the highest ever
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In a press release issued to the media, Pakistan Kuwait Investment Company (Private) Limited (PKIC) has announced that it is making an equity investment of…
Japanese investment firm to invest in Pakistan’s tech sector
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A Japanese firm has established its investment arm in Pakistan as it takes a look at promising companies amid rising growth and potential in the…
Is Waqar Zaka responsible for leading the youth into losing millions due to the Bitcoin crash?
5 min read
A good number of people who wanted to make a “quick buck” had put their life’s savings into purchasing Bitcoin and said “Amen” to the…
British companies urged to invest in Pakistan
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British businesses have been encouraged to invest in Pakistan as part of an ongoing program of events run by the UK government to highlight new…
Pakistan’s environment is conducive for a new oil refinery, Hammad Azhar
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The Minister for Energy, Hammad Azhar, has expressed optimism for establishing a new oil refinery because Pakistan’s environment is feasible for that purpose. The minister…
Thal Limited to establish a polypropylene plant with Rs. 1.7 billion investment in Hub
2 min read
Thal Limited has announced a plant for polypropylene woven bags in Hub with an investment of Rs1.7 billion. “Polypropylene bags are used for multiple purposes…
Pakistani trucking marketplace startup Truck It In raises $1.5m in pre-seed round
2 min read
Pakistan’s Truck It In has raised $1.5 million for its trucking marketplace in a pre-seed round led by Global Founders Capital. This is one of…
