investment

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IFC to Invest $2.5 million in Sarmayacar...

August 5, 2019

Karachi, Pakistan, July 30, 2019—International Finance Corporation (IFC), a member of the World Bank Group, will invest $2.5 million in Sarmayacar, one of the first early-stage venture capital funds supporting tech-driven startups in Pakistan, to help boost entrepreneurship and spur economic growth. Of the total amount, $2 million is equity commitments from Startup Catalyst, IFC’s […]

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Sybrid Announces Investment in Shopsy Search Engine

August 5, 2019

02 August 2019 – Sybrid announces investment in Shopsy.pk, an online shopping search engine that uses machine learning and artificial intelligence to help shoppers in Pakistan find the best price for any product online. This round of funding will help Shopsy further develop their technology and scale the platform nationally. The deal is part of […]

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CarFirst raises investment from Frontier Car Group

June 8, 2017

CarFirst, a Pakistani startup which sells used cars, has just raised an investment from the international investor Frontier Car Group. CarFirst is hailing this investment initiated in late 2016 as one of the leading series “A” funds for a startup in Pakistan. With a number of inspection outlets in Karachi, Lahore and Islamabad this digital […]

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Panel discussion at Echelon Asia Summit 2017

June 6, 2017

Singapore: Starting a business is usually easier said than done. Piles and piles of paperwork are required with long queues and processing timelines. Bizarre (sometimes shady) but compulsory documentation is need to be prepared by regulating bodies from startups with an added burden of limited funding recourses. And that’s just when someone has a chance […]

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IFC to increase program portfolio in Pakistan...

April 25, 2017

International Finance Corporation Executive Vice President Phillippe Le Houerou said that IFC is keen to invest in Pakistan’s private sector. He said this in a meeting held at World Bank, Washington with Pakistan delegation headed by Finance Minister Ishaq Dar. He congratulated the finance minister on completing the IMF program and implementing structural reforms in […]

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Winners of Fintech Disrupt Challenge secure up...

December 7, 2016

Pakistan’s startup industry has come a long way from a series of ranges and came to a point where it landed itself at FinTech’s first Disrupt Challenge in Pakistan hosted collectively by Karandaaz and LUMS Center for Entrepreneurship. The Fintech Space in Pakistan FinTech has had incredible success globally reaching to $5.2 billion in investments […]

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Bank of China positioned to bring Investments...

November 29, 2016

CPEC has lead to major economic changes in Pakistan and givien way to a number of new projects and investments from almost all parts of the world. With the collaboration of potential economic powers of the world, the infrastructure projects in Pakistan are aiming to build a pro-business environment. The statement was given by the […]

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According to SECP Investments have increased in...

November 6, 2016

Company Registration Office (CRO) reports Foreign Companies entering the local market. According to the SECP figures of August 2016 ,the highest no of these companies were registered in Islamabad followed by Lahore and Karachi. The SECP also reports that registrations and investments have increased in the following sectors: 1) Auto and Allied construction, 2) Corporate […]

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Pak-Bahrain Investment Opportunities Conference on September 27th

September 22, 2016

The first Pak-Bahrain Business Opportunities Conference will take place on 27th September, 2016. The conference will be held in collaboration with the Ministry of Industry, Commerce and Tourism of Kingdom of Bahrain. The main focus of the conference is on investment opportunities in the field of agriculture products, meat, fruits and vegetables, banking, aviation services, […]