Founder Pakistan

06/11/2023

Excited to announce our next session with Aman Nasir of Sarmayacar.

Aman comes from a decade long of experience in investment banking and M&As and has been a partner at Sarmayacar since 2022.

​Since then, he has been very active in the local ecosystem and has met dozens of founders and their teams.

​The Founder Pakistan team will be having a chat with him about all things VC Backed Startups (advice on when and how to raise, why people should work at these startups, how to get involved, etc.

​Even if you can't make it to the live session and want us to send you a recording, please register for the session!

Sign up here:

https://lu.ma/chat-with-aman

Or link in bio (on Instagram)

20/09/2023

We had an insightful session with Saif Ali where he talked about his experience working with startups, what should you expect when going into startups, how to make the transition and more.

Full session now available on YouTube.

12/09/2023

Calling out to the Creatives.

Excited to announce our next session with Arsalan Khatri where he will be talking about his journey into design strategy for business growth.

If you are a mid career professionals who want to go into  this session is for you.

Sign up with the link in bio.

07/09/2023

Rauff Hanif started the Founder Pakistan community and is a Strategy Associate at Reflect Ventures (a new fund for emerging markets).

He has built a large network throughout emerging markets which has enabled him to progress in his career from the early days.

He is a super-connector in the Pakistani ecosystem, being called upon by VCs, startups, and founders all across to help make connections within his network.

Learn from him the strategies he used to get started and build this world-class network.

To Sign up click the link in bio..

04/09/2023

Reliving the incredible moments from Pie&AI Summit held on 2nd Sept 2023.

Thank you to everyone who came and especially our esteemed speakers. During the event we had sessions on the opportunities and challenges AI presented, use cases for businesses and individuals, building a career in AI, and more.

01/09/2023

Announcing .pk as our official venue partner for Pie&AI Summit 'Navigating the AI Landscape' a conference by

01/09/2023

Announcing as our official sponsor for Pie&AI Summit 'Navigating the AI Landscape' a conference by

01/09/2023

🎙️ We are excited to introduce our esteemed speakers, all AI trailblazer who will guide us on the path to building successful careers in AI.

Join us as they share their thoughts and experience on AI, opportunities, challenges, case studies, tools and more. Don't miss this chance to gain valuable knowledge and set your course in the world of AI.

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29/08/2023

Excited to announce our next session this time with Ayaz Arshad, Senior Brand Manager at Bazaar Technologies.

Ayaz will explore different strategies for growth and expansion that he used in Bazaar.

Register now for the session:

Link in bio.

25/08/2023

Mastering AI is a skill and we are here to equip you with it. Register for our upcoming in at The Hive.

Pie & AI is a series of meetups by DeepLearning.AI with previous events in Toronto, Istanbul, London, Berlin, Sydney and Houston hosted by the global community to start thought provoking conversations and networking opportunities.

To register for free and checkout more information click the link in bio.

*Limited seats available*

24/08/2023

*Limited seats available*

🚀 AI is here and it is here to stay. We are proud to announce that Founder Pakistan (FP) will be hosting Pie&AI Karachi on 2nd September 2023 at The Hive

Pie & AI is a series of meetups by with previous events in Toronto, Istanbul, London, Berlin, Sydney and Houston hosted by the global community to start thought provoking conversations and networking opportunities about

To register for free dm us now. 🙌
*

21/08/2023

Join us before it's too late!

Sign up:

Link in bio

20/08/2023

Let's go!

20/08/2023

Something exciting is coming your way!

17/08/2023

Ever wondered how a startup environment differs from a corporate and more formal setting?

Making the switch into startup life is a game-changer because you won't have all the established systems and everything handed to you from day one.

Instead, you'll have the exciting opportunity to build them as you go along.

We are thrilled to invite you to the Founder Pakistan (FP) session where Saif Ali will dive deep into the journey of transitioning into a startup environment.

Drawing from his extensive experience at Dastgyr Technologies, one of Pakistan's largest startups, Saif will provide unique insights.

Saif, a heartfelt thank you for agreeing to share your insights – it truly means a lot!

Here's the scoop:

🗓️ When: Friday, 25th August - 5 to 6 pm.

📍 Where: Zoom Live

🔗 How:

Saif Ali is one of the movers in the Pakistan startup ecosystem. He was an early, high impact employee at Dastgyr and helped them through lots of Business Operations hurdles, landing high...

30/11/2022

, a Pakistani eCommerce marketplace, has partnered with Hefazat Technologies, an Insurtech startup specializing in takaful insurance.
tech , founded by serial entrepreneur Kash Rehman, is a new entrant to the Pakistani market trying to simplify takaful insurance for the masses.

Its goal is to provide Takaful Insurance for gadgets, appliances, and other electronic devices to Pakistani consumers. The startup offers insurance solutions for both new and old electronic devices.

The partnership will focus on mobile phone insurance, but it hopes to expand into other goods in the future. In the previous fiscal year, Pakistan imported mobile phones worth more than $2 billion.

30/11/2022

Consumers on Careem’s ride-hailing platform have completed 1 billion rides across the MENAP region since launching in 2012, the company announced.

Pakistan topped the list of countries with the highest number of rides recorded (299 million), followed by Saudi Arabia (242 million) and Egypt (230 million).

Recently we saw Uber, a US-based mobility giant that owns Careem, announcing an exit from 5 major Pakistani cities, recently we also saw the departure of Swvl entirely from the Pakistani market.

The mobility market in Pakistan is now divided among three big players fighting for market share and hoping to gain an upper hand.

29/11/2022

Krave Mart, a Pakistani quick commerce startup has launched a private label vertical to address consumer demand.

Krave Mart began operations with 16+ categories and 3000+ SKUs with a diverse range of brands. The product mix for the customer base provided a balance of food and non-food necessities. Krave Mart later launched the Private Labeling Initiative from this.

Beginning with staples like common spices and kitchen necessities like eggs and sugar, the startup claims to have successfully launched more than 100 private-label SKUs intending to provide their customers with high-quality goods that are – sourced, packed & delivered with love.

29/11/2022

Zindigi, powered by JS Bank, has joined hands with Careem, a ride-hailing giant operational in Pakistan, to provide digital payment solutions to its Captains in Pakistan.

Through this partnership, Zindigi and Careem will issue co-branded debit cards to Careem Captains, which will be used for faster daily payouts and fund withdrawals via ATMs and POS terminals across the country.

This partnership aims to provide Careem Captains with the financial freedom to access their Careem earnings instantly using the Zindigi App. Captains will also be able to utilize the complete product suite of the Zindigi App and access features, including mobile top-ups and utility bill payments.

Careem Captains will also get an opportunity to use wealth management tools such as mutual funds, stock trading, and financing.

23/11/2022

Google, a technology giant part of Alphabet Inc. with a market cap of $1.26 Trillion is planning to launch operations in Pakistan next month.

This announcement was revealed by a government official on Twitter, the announcement also stated that the technology giant plans to launch a 15,000 scholarships program for Pakistani students. A delegation of Google is said to visit the country on December 11th to start operations.

The Advertising landscape of Pakistan is worth approximately $2 Billion according to an article in Profit Magazine. The market is dominated by advertising on digital players since Covid-19 digital ad spending has increased drastically.

17/11/2022

According to sources close to the launch, AKD Group, a Pakistani financial giant, is looking to revive its venture capital and private equity arm TMT Ventures.

Although details regarding the fund’s size and focus are not yet public, the firm has started hiring for several positions, according to a few LinkedIn posts.

16/11/2022

World Bank-backed International Financial Corporation (IFC) recently launched a $225 million venture capital platform targeting emerging markets like Pakistan.

The platform’s main focus will be early-stage startups in Africa, the Middle East, Central Asia, and Pakistan, the platform’s main focus area will be startups in the climate, healthcare, education, agriculture, eCommerce, and other sectors.

The platform will also be backed by an additional $50 million from the Blended Finance Facility of the International Development Association’s Private Sector Window, which helps de-risk investments in low-income countries.

Read more:

https://founderpakistan.com/ifc-launches-225-platform-to-back-startups-in-emerging-economies-like-pakistan/?amp=1

13/11/2022

HBL and Sturgeon Capital led a $10 million series A2 round of funding for the Lahore-based fintech Finja. Equity, debt, and off-balance sheet funding make up this round.

The Lahore-based fintech startup was launched in 2016 by Qasif Shahid, Monis Rahman, and Umer Munawar. To date, it has raised $25.6 million in funding.

11/11/2022

Social Champ (Techstars '22), a Martech player with its headquarters in Karachi, Pakistan recently announced un-disclosed funding from Tech Stars Toronto.

Techstars is a global network that helps entrepreneurs build a better future for everyone by driving innovative collaborations worldwide.

To date, Techstars has invested in more than 2900 companies with a cumulative marketing capital of $189 billion.

This marks the third investment of Tech Stars in Pakistan, the other two investments include startups Swag Kicks (Techstars '22, SOSV '21) and DevNation (Techstars '21) . Judging by the average cheque size the investment can be between $100k to $120k.

Featuring Sameer Ahmed Khan of Social Champ.



https://lnkd.in/dqwpMMZg

Social Champ a Martech player with its headquarters in Karachi, Pakistan recently announced un-disclosed funding from Tech Stars Toronto. Techstars is a global network that helps entrepreneurs build a better future for everyone by driving innovative collaborations worldwide. To date, Techstars has i...

07/11/2022

BusCaro a Mobility startup based in Karachi, Pakistan recently announced a $500k angel round, angel investors in the round include Kashif Rehman of Hefezat Technologies, Safee Shah of Byte, Muhammad Yusuf Jan of Dot Zero Ventures, and others.

BusCaro was launched in July 2022 by Maha Shahzad, an industry veteran of over 13 years in companies such as Foodpanda, Careem, and Swvl where she led the Pakistani division as a general manager playing a role in achieving significant revenue growth while paving the way towards profitability.

Read more the round and details about the startup:

https://founderpakistan.com/mobility-startup-buscaro-raises-500k-in-an-angel-round/

04/11/2022

Waada an insurance technology startup from Pakistan has raised $1.3 million in seed funding from local angel investors and international venture capital firms.

The startup also announced the acquisition of MicroEnsure Pakistan, a subsidiary of MIC Global that operates in South Asia and Africa, in an all-stock buyout. The insurance technology player did not disclose the total amount of the buyout.

Read more:

https://founderpakistan.com/waada-an-insurance-technology-startup-from-pakistan-announces-1-3-million-in-seed-funding/?amp=1

01/11/2022

500 Global, one of the most active venture capital firms in the world, has partnered with JS Group, one of Pakistan’s leading financial services conglomerates, to support startups in Pakistan.

With this collaboration, 500 Global aims to bring its range of startup and investor education programs to Pakistan. It will also continue to scout for top founders and high potential technology startups to invest in.

As the world’s fifth most populous market with a young population that is rapidly digitizing, Pakistan aims to become a regional technology hub. Pakistani startups just reached a new funding milestone of $331 million in the first three quarters according to FP Insights. Just $19 million shy of the $350 million raised in 2021.

31/10/2022

A glimpse into the business model of Pakwheels!

31/10/2022

A glimpse into the business model of Pakwheels!

28/10/2022

Remotebase, a recruitment marketplace that hires, trains, and places the top 1% of developers in well-known US-based tech companies has raised $2.1 million in a Pre-Series A round.

This round takes the total funding raised by the startup to a figure of $3.5 million, The startup was founded by founded in 2020 by Qasim Asad Salam and Talha Masood and had previously raised a seed round of $1.4 million from Indus Valley Capital, Draper Associates, and Hustle Fund.