by Nerizel Nawab | Oct 4, 2024 | insights, startup
Despite recent challenges, Pakistan’s startup ecosystem has shown resilience, hinting at opportunities with gradual recovery and growth. While the first half of 2024 was marked by subdued investment activity due to global VC funding slowdowns and domestic economic...
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 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 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. ...
