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Calendar year 2021 was phenomenal in terms of investments as startup fever gripped the world’s last big untapped nation — Pakistan.Pakistani startups started making waves in the international...
Pakistani startup Bazaar raises $6.5 million seed capital Bazaar, a local B2B online marketplace, connects retailers directly to wholesalers and manufacturers Pakistani B2B online marketplace Bazaar has raised a $6.5 million seed round co-led by Global Founders Capital (GFC) and Indus Valley Capital. The Karachi-based startup connects retailers directly to wholesalers and manufacturers. Bazaar gives small and medium-sized retailers a platform to a large assortment of goods from several local and international brands as well as unbranded products on a single platform - which can be ordered on ...
Calling it an ‘impressive’ development, Commerce Adviser Abdul Razak Dawood asked the country’s youth to come forward and capitalise on the growing opportunity. — APP/File KARACHI: What is seen as a breakthrough for the country’s emerging digitising industry and growing potential of e-commerce markets, a less than one-year-old business startup has raised a $6.5 million pool of investment in one of the largest seed rounds in the region, a top official announced on Tuesday. The announcement came from Commerce Adviser Abdul Razak Dawood, who took to social media platform to share the m...
Rs 213 million for DLTL payments of non-textile sector approved: Razak Dawood - ISLAMABAD, Pakistan: Rs 213 million for Local Taxes and Levies (DLTL) payments of the non-textile sector have been approved, the Prime Minister’s Adviser for Commerce and Investment Abdul Razak Dawood said on Wednesday. In a statement on Twitter, the adviser said that these are now with the State Bank of Pakistan (SBP) and will soon be disbursed to the relevant exporters. Abdul Razak Dawood said that our policy is not to put any working capital constraints for our exporters. “I hope that this will facilitate t...