by Sarwat Khan | Jul 18, 2024 | economy, insights, startup
The first half of 2024 presented a challenging environment for Pakistan’s startup ecosystem, mirroring global trends. According to S&P Global Market Intelligence, global VC funding declined in Q2 2024, an 8.3% drop from the previous year in deal value, and the...
by Khurram Schehzad | Jul 7, 2024 | economy, insights
Pakistan’s religious tourism, animal sacrifice and related exports collectively make up for at least $7.8 billion worth of economics, annually, where spending include estimated $3.5bn on outward religious tourism, and $3.0bn of sacrificial spend, while earnings...
by Sarwat Khan | Apr 1, 2024 | economy, insights, startup
The year 2024 started with a slow pace for startups in Pakistan after reaching $72 million in 2023 and $347 million in 2022. The trend mirrored the global VC slowdown, with a 35% year-over-year decline from the investment levels of 2022, and remaining flat...
by Sarwat Khan | Jan 3, 2024 | economy, insights, startup
Pakistan’s startup funding experienced a rebound, surging by 553% QoQ in 4Q23 after enduring consecutive dry quarters earlier during 2023, with total funds raised for the year reaching US$ 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 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...
