The Pakistani start-ups raised approximately US $ 375 million last year, nearly doubling their total investment over six years. Foreign investors continue to flood into Pakistani companies following the pandemic. According to startup investment advisory platform Alpha Beta Core, Pakistani startups are leading the way in logistics finance at 32%, followed by e-commerce at 27%, fintech at 25%, and health tech at 4%.
In the final year of the survey, 174 transactions worth $231 million were reported, compared to 81 investments by Pakistani startups. In August, Pakistan’s Airlift Technologies closed its largest private funding round in history, a Series B funding round of $ 85 million. Other startups including B2B Marketplace Bazaar, Tajir, and TAG have raised $30 million, $ 17 million, and $ 17.5 million respectively.
Source: PTV News