Daraz, the leading e-commerce platform in Pakistan, recently announced the expansion of its company’s delivery service by adding female riders to its fleet as a way to promote diversity and inclusivity in modern e-commerce. By welcoming female riders into the Daraz Express family, the company is taking a transformative step towards breaking traditional gender roles. … [Read more…]
In May 2023, 2,539 new businesses were registered by Pakistan’s Securities and Exchange Commission (SECP), increasing the total number of registered companies to 194,466. The firms that were established in May have a combined paid-up capital (capitalization) of Rs. 2.7 billion. A little more than 57% of firms were registered as private limited companies, 40% … [Read more…]
Over the last few decades, the face of the global economy has transformed, with more start-ups rolling in the market. According to datadarbar, Pakistani startups have received more than $347 million in VC funding in 2022 alone. Being the financial capital of the country, Karachi is beaming with startups that require coworking spaces to run … [Read more…]
Microsoft for Startups Middle East, in partnership with the Abu Dhabi Investment Office (ADIO), today graduated the latest cohort of tech startups from its GrowthX Accelerator program. The conclusion of the cohort was celebrated during a Demo Day event, hosted at Abu Dhabi’s financial centre, Abu Dhabi Global Market (ADGM), with attendees including startup founders, … [Read more…]
United Bank Limited (UBL) recently collaborated with LMKT and the National Incubation Center, Karachi (NICK) to host the BuiltByHer 3.0 Hackathon. The Hackathon focused on empowering aspiring female entrepreneurs in creating technologies to improve Pakistani women’s economic inclusion, while promoting Science, Technology, Engineering and Mathematics (‘STEM’) education amongst young women. At the event, 13 participating teams pitched … [Read more…]
National Incubation Center Karachi, in collaboration with The Asia Foundation, concluded the 3rd BuiltByHer Hackathon by hosting the top eleven teams for a competitive grand finale. BuiltByHer is a 48-hour long hackathon that requires women lead teams to hack and find solutions to the most pressing issues prevalent in society. The 3rd iteration of competition … [Read more…]
16 different start-ups from across Pakistan pitched their business ideas to a set of decorated judges during the Huawei Cloud Start-up program. The program is a global support program launched by HUAWEI CLOUD for global startups. The main purpose is to help and accelerate the business growth of technology startups and ecosystem partners. Eligible start-ups … [Read more…]
Google in this program will choose and work with new businesses and non-benefit associations that utilization innovation to tackle circularity challengesGoogle has forever been holding nothing back for advancing sound monetary action and new business thoughts. As of late, the tech monster proceeded to begin a startup gas pedal for advancing roundabout economy in Pakistan. … [Read more…]
The National Incubation Centre Lahore (NICL) at LUMS held its capstone event – the Investor Summit, which brought together its 9th Cohort of change-driven start-ups, pitching their ventures in Agritech, Cleantech, Edtech, Healthtech, and Fintech to seasoned investors and start-up founders in Pakistan. The Investor Summit is the culmination of a 6-month long Foundation Programme … [Read more…]