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Impact Investment

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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Ecosystem

SEDF and Accelerate Prosperity MoU Expands Finance Access for Startups and SMEs in Sindh

Sindh Enterprise Development Fund and Accelerate Prosperity sign a strategic MoU in Karachi to improve access to formal finance for startups and SMEs through investment readiness and markup subsidy support.
Investments

Accelerate Prosperity Invests in Kai Café, Empowering Women Entrepreneurs in Chitral’s Culinary Scene

Accelerate Prosperity has made a strategic investment in Kai Café, Chitral’s first women-led restaurant serving authentic Chitrali cuisine, to support its expansion, local employment, and women entrepreneurship in the region.
Investments

Accelerate Prosperity Backs BusCaro to Expand Affordable and Safe Urban Transport in Pakistan

Accelerate Prosperity invests in BusCaro, a leading tech-driven ride-sharing platform in Pakistan, to expand operations, improve safety, and enhance affordable urban mobility.
Investments

Sarmayacar Dropped from UN-Backed $40M Climaventures Climate Fund by NRSP

NRSP ends partnership with Sarmayacar for $40M UN-backed Climaventures climate fund following a final due diligence, leaving the fund manager role vacant ahead of the September 2025 deadline.

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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.