by Malaika Tabassum | Feb 13, 2024 | insights
In the wake of Pakistan’s 2024 general elections, key findings suggest possibility of a hung parliament, with independent candidates leading the tally at 38% of National Assembly seats. PML-N follows with 28%, and PPPP with 20%, fueling speculation of coalition...
by Sarwat Khan | Jan 3, 2024 | economy, insights, startup
Pakistan’s startup funding experienced a rebound, surging by 553% QoQ in 4Q23 after enduring consecutive dry quarters earlier during 2023, with total funds raised for the year reaching US$ 71.5 million. Q4 2023 Snapshot In Q4 2023, 12 startups disclosed...
by Sarwat Khan | Oct 2, 2023 | economy, insights, startup
Amidst the persistent challenges of the ongoing funding winter, Pakistan’s startup ecosystem managed to secure $5.8 million across four seed-level deals in the third quarter of 2023, a 23% increase compared to the previous quarter. The average deal size also saw...
by Sarwat Khan | Jul 5, 2023 | insights, startup
Pakistan’s startup ecosystem has experienced significant challenges in recent times. The first half of 2023 saw a sharp decline in funding, with the sector raising only $28 million, a staggering 90% drop compared to the same period in the previous year. ...
by Sarwat Khan | Apr 1, 2023 | insights, startup
Against all odds, Pakistan’s startup funding saw an uptick in Q1 2023. A total of $23.1 million were raised in the quarter, marking a 55% increase from the previous quarter. After a slow start to the year with only one deal in January, there were six new deals...
by Khurram Schehzad | Jan 27, 2023 | economy, insights
A country with one of the largest populations in the world is facing the worst of its political, social and economic challenges, ranging from political uncertainty to macroeconomic instability, security threats and social issues, rising poverty and unemployment, low...