Pakistan’s youth has proven itself to be highly talented and creative time and time again. In every field, we have seen youngsters of our country outshine with their ingenuity. Despite the lack of sufficient support and funds from the government, the young generation of Pakistan has been able to start lucrative businesses. Below is a list of the 11 most successful young Pakistani entrepreneurs of 2021.
Hamza Jawaid and Saad Jangda
Hamza Jawaid and Saad Jangda are co-founders of Bazaar technologies – an e-commerce B2B platform for offline grocery retailers. At an early stage, the company raised $30 million from investors in one of the nation’s largest fundraisings. Hamza served as a Management Consultant with McKinsey prior to founding Bazaar. Saad Jangda was also one of the founding team members of Careem NOW. Hamza and Saad lived in Dubai for a few years prior to moving back to Pakistan. They have also been featured in Forbes 30 under 30. The company recently launched a digital ledger product that helps to record orders. The founders are aiming to expand their company across ten major cities within the next year.
Iman Jamall and Hasib Malik
Iman Jamall and Hasib Malik are social young Pakistani entrepreneurs. She has worked on technology adoption and social development projects in Pakistan, the UK, the Netherlands, Spain, and Uganda. She completed two master’s degrees with distinction. Hasib is an expert in leading startup designs & lean experimentation at large firms in the UK, Europe & Pakistan, including the development of Tez financial services. Hasib Malik graduated from ESADE Business School and City University London.
They founded a Pakistani fintech startup called CreditBook. It is a digital platform that aims to help small business owners to manage their finances. They have raised $175,000 in pre-seed funding. The company ensures that businesses registered with them receive the services of tracking both cash received and payments pending, transparency, automated payment reminders, etc. They have also appeared on Forbes’ 30 Under 30 list for 2021.
Yaseen Khalid, M. Saquib Malik and Nabeel Siddiqui
Entrepreneurs Yaseen Khalid, M. Saquib Malik, and Nabeel Siddiqui are co-founders of ModulusTech. They completed Bachelor of Engineering (B.E.) degrees in construction engineering at NED University of Engineering and Technology. ModulusTech provides accessible and sustainable flat-packed houses. These houses can be set within a day using simple hand tools. ModulusTech has been recognized by the UN, Forbes (30 under 30), and others for its efforts. These young entrepreneurs have developed home solutions for the poor people of society through their creative minds.
Muhammad Owais Qureshi and Zohaib Ali
Entrepreneurs Muhammad Owais Qureshi and Zohaib Ali co-founded a business to a business e-commerce platform called Dastgyr. Dastgyr is a start-up aimed at resolving the inventory procurement challenges of retailers across Pakistan. The founders had invested $300,000 to begin their start-up. Despite lockdown, the founders worked hard so much that Forbes recognized them in their 30 Under 30 list this year. Due to their entrepreneurial skills, their company has raised $3.5 million from SOSV and other global investors. Zohaib Ali and Muhammad Owais Qureshi are alumni from LUMS and students of the BSc 2014 class.
Waqas Ali and Sidra Qasim
Last but not least, Markhor is a luxury men’s shoe brand founded by a college dropout Waqas Ali and his wife Sidra Qasim to promote Pakistan’s shoe crafts. It is named after a wild goat natively found in the northern and central mountainous regions of Pakistan and Central Asia. During a trip to a village in Pakistan, Okara, Waqas Ali, and Sidra Qasim discovered that luxury brands collaborate with craftsmen in developing countries like Pakistan, but that they rarely discuss the collaborations. To change this, they started working on Markhor. The company is of the view that traditional craftsmanship is the source of modern design. Behind the best product are the passion and hard work of skilled craftsmen.
All the above-mentioned young Pakistani entrepreneurs are highly inspirational. If they can do it then you can too.