Pakistani startups raise $300mn in 2021

MG News | December 09, 2021 at 07:43 PM GMT+05:00

0:00

December 9, 2021 (MLN): Pakistan's startup ecosystem has been able to secure over $300 million in funding this year after four e-commerce companies raise fresh funds, adviser to PM for Commerce and Investment Abdul Razaq Dawood said on Thursday.

“It's been a fantastic year for Pakistan's startup ecosystem,” he tweeted.

He congratulated Bookme, Bagallery, Clicky, and DevNation for getting investments of $7.5mn, $4.5mn, $2.4mn, and $170K respectively.

Pakistan’s startups have received a major boost this year, getting over $300mn is a record funding, more than the previous six years combined.

“All the startups raising investment are coming up with innovative business solutions. We, as a nation, need more entrepreneurs and brands,” the advisor added.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	187,688.16 462.47M	0.35% 654.90
ALLSHR	112,627.69 1,066.28M	0.24% 272.05
KSE30	57,478.24 133.38M	0.39% 224.59
KMI30	266,443.18 171.92M	0.80% 2103.94
KMIALLSHR	72,592.65 594.36M	0.43% 312.04
BKTi	53,552.73 28.61M	-0.31% -167.51
OGTi	39,279.97 12.36M	0.20% 77.32

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	89,320.00	90,425.00 88,490.00	-910.00 -1.01%
BRENT CRUDE	64.44	65.38 63.56	-0.80 -1.23%
RICHARDS BAY COAL MONTHLY	86.75	0.00 0.00	-3.10 -3.45%
ROTTERDAM COAL MONTHLY	98.50	98.55 98.20	-0.25 -0.25%
USD RBD PALM OLEIN	1,027.50	1,027.50 1,027.50	0.00 0.00%
CRUDE OIL - WTI	59.67	60.82 58.96	-0.95 -1.57%
SUGAR #11 WORLD	14.96	14.98 14.70	0.22 1.49%