Pakistani Start-ups Break Records in 2020 Despite Global Economic Slowdown

0
pakistan
pakistan

Despite an international financial slowdown because of the Coronavirus pandemic, Pakistani start-ups controlled to elevate a record $ forty-seven million in pre-seed, seed, pre-Series A, Series B, and Series B investment rounds all through 2020 in 23 offers, a 26% growth from 2019. Pakistani businesses had raised $37 million throughout 19 offers in 2019.

According to Techshaw, 23 offers, maximum of them inside the transportation category, had been signed remaining yr with the common deal being really well worth simply over $2 million.

n phrases of investment raised in every zone all through 2020, eight offers really well worth $1.265 million had been signed all through Q1 at the same time as three offers really well worth $13.1 million had been inked all through Q2.

Eight offers really well worth $sixteen million had been finalized all through Q3 at the same time as eight offers really well worth $sixteen. Three million had been signed all through Q4 remaining yr.

Sr. No.Company nameFunding raised
1.Screen-IT$250,000
2.InstaCare$140,000
3.MandiExpress$725,000
4.Tajir$3,300,000
5.Bazaar$1,300,000
6.Airflift$10,000,000
7.Emeds.pk$250,000
8.Social Champ$225,000
9.GrocerApp$1,000,000
10.Baby Planet$250,000
11.Safepay$150,000
12.Byte$150,000
13.Aimfit$1,000,000
14.Bykea$13,000,000
15.Healthwire$700,000
16.MedznMore$2,600,000
17.FindMyAdventure$600,000
18.Bagallery$900,000
19.Conatural$825,000
20.Clicky$700,000
21.Roomy$1,000,000
22.Finja$9,000,000

LEAVE A REPLY

Please enter your comment!
Please enter your name here