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Investments

barq Becomes a $1.85 Billion Unicorn, and Its Pakistan Arm Has a Story of Its Own

Saudi digital payments company barq has closed a $329.5 million Series A at a valuation of $1.85 billion. Noon Investments, Sohar International Bank and M20 Fund took part in the round. barq plans to spend the money on new products, on running its operations more efficiently, and on moving into markets outside Saudi Arabia. Farooq now runs barq PK, the group's Pakistani arm, as Managing Director.
Ecosystem

TiE Islamabad Partners With Sehat Kahani For Women Empowerment

TiE Islamabad has announced a strategic partnership with Sehat Kahani under the Digitalization for Women's Economic Empowerment program, supported by UN Women Pakistan and KOICA.
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Investments

Sarmayacar Launches $40 Million Climaventures Fund to Tackle Climate Change in Pakistan

Sarmayacar has launched the Climaventures Fund with $15 million from the Green Climate Fund to invest in Pakistani startups addressing climate change. Focus areas include renewable energy, e-mobility, water treatment, and agritech, fostering sustainable development and a thriving climate tech ecosystem.

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Investments

barq Becomes a $1.85 Billion Unicorn, and Its Pakistan Arm Has a Story of Its Own

Saudi digital payments company barq has closed a $329.5 million Series A at a valuation of $1.85 billion. Noon Investments, Sohar International Bank and M20 Fund took part in the round. barq plans to spend the money on new products, on running its operations more efficiently, and on moving into markets outside Saudi Arabia. Farooq now runs barq PK, the group's Pakistani arm, as Managing Director.
Ecosystem

TiE Islamabad Partners With Sehat Kahani For Women Empowerment

TiE Islamabad has announced a strategic partnership with Sehat Kahani under the Digitalization for Women's Economic Empowerment program, supported by UN Women Pakistan and KOICA.
Ecosystem

Pathfinder CITADEL Formalizes LegalTech Partnership With Eligient For Startups

Pathfinder CITADEL has formalized a collaboration with Eligient across LegalTech, startup enablement, and strategic innovation, aiming to create new opportunities across the ecosystem.
Fresh

NICAT Unveils Hatch 08 Cohort Featuring Six New Startup Founders Across Sectors 

NICAT has unveiled its Hatch 08 cohort, featuring six founders building ventures spanning consumer platforms, sustainability, email verification, and workflow automation.