Startup fever is rising to the fullest in Pakistan as 2021 marked the highest ever inflow of investment. Multiple startups accumulated a hefty fund of $300 million this year. This is an indication of a long awaited attention towards the world’s last big nation with this much potential.
IT exports grew by 17.5pc in 2021, adding $2.5 billion to the country’s dwindling economy. MyTM won the world’s top startup award at largest global tech event where 700+ companies participated. The world noticed and responded with huge investments in Pakistani startups. Here is a list of few big names that secured foreign investments.
Systems Ltd
Systems Limited is Pakistan’s first IT company to reach a mark of 100 Billion Rs worth. Recently, Malinda Gates foundation has invested in its stocks. The company has also won Asia’s best ‘under $1 Billion company’ award this year.
VavaCards
This company works in an unconventional style in the auto industry. They have recently secured an investment of $50 million
Rider
A Pakistan based logistics startup raised $2.5 million.
Want to start your own business? Read this Business Ideas in Pakistan 2021: Complete Roadmap
MunchiesPakistan
Karachi based quick delivery app has secured $2.5 million investment
PostEx
Lahore based logistics and fintech has raised $1.5 million
QisstPay
This is a buy now pay later service and it has raised $15 million in 2021
Oraan
A startup to empower Pakistani women has raised $3 million
Maqsad
A startup to make education easier for 100 million Pakistani students has raised $2.1 million pre-seed investment
TAG
a fintech startup that has raised $12 million and has valued at $100 million after the funding.
Bazaar
A digital ledger and B2B marketplace raises $30 million investment. The digital ledger app is under the name ‘Easy Khata’
Tazah
B2B agriculture marketplace secured $2 million in pre-seed
This is the change that Pakistan needs. A latest study by Future of Work report by the Prince’s Trust group of charities has revealed that more Pakistani youngsters are into entrepreneurship than a regular 9 to 5 job. When so many qualified and energetic professionals enter into the market, new inventions and improvisations begin. This is what is happening in Pakistan now. Fingers crossed.
