Blockchain is too complex and rapidly developing an industry that needs more nuanced understanding.
Oladoc now "aims to evolve into a digital health mall that serves patients’ needs across complete lifecycle", says founder.
Pakistani startups collectively raised a record $365.87m in 2021, 450pc higher than the $66.44m raised in 2020.
What one can say with a reasonable level of certainty is that the capital frenzy is not stopping anytime soon.
With new funds, startup will offer working capital financing to fresh produce sellers and streamline the supply chain.
Funding round led by VC firms Tiger Global and firstminute Capital, both of which invested in Pakistan for the first time.
Company offers delivery of groceries and other products in 10 minutes through a network of dark stores.
The online business aims to launch new projects in 2022 with the funding.
Total capital secured by the company at seed is $8.6 million which is the second largest investment at this stage in Pakistan.
"Despite a staff-level agreement with the IMF, the market is giving precedence to the interest rate hike," says an analyst.
Udhaar Book was launched last year to help small business keep a track of sales, expenses and credit.
It aims to "eliminate the friction small-scale sellers face in sourcing products, arranging delivery and collecting payment".
The benchmark KSE-100 gave away some of the gains in the second half of the session, closing the day with a rise of 790.07 points.
“If you look at the different markets in which the company operates, Pakistan has ...
Analyst says bullish trend likely to continue in the near term.
Pakistan has recorded around $20 billion of cryptocurrency value received during 2020-21, growing by an eye-popping 711 per cent.
Room for manipulation with facts becomes much more liberal within regulated space since few investors are aware of nitty-gritty.
The company aims to transform the agriculture space in Pakistan, improve the access to capital for farmers.
PostEx says it is working to solve the problems of cash recovery cycles and working capital constraints.
The rupee also reached a historic low of Rs170.27 against the dollar, weighed down by the situation in Afghanistan, analysts say.