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.
The dollar is up by 31 paisa compared to the previous day and trading at around Rs170.27.
It is the largest seed funding closed by a local women-led startup.
At 13.5 Mbps, Pakistan ranks 162nd for broadband performance according to the Global Index by Speedtest.net
The startup aims to build a platform that offers after-school academic support to 100 million Pakistani students.
Despite adding 5.5m accounts in three years, the total number of female bank accounts at the end of June 2020 stood at just 18.6m.
Pakistani start-ups have thus far secured at least 240 million dollars in investment in 2021 alone.
Value of greenback jumped by 80 paisa since the previous day's closing rate of Rs168.09.
Access to capital has become easier as we are seeing many foreign VCs showing interest in Pakistan
The average monthly pay for an entry-level programmer is Rs51,344 which goes up to Rs215,723 for a senior resource.
That gap between the market prices and FBR rates means only one thing....
"We’re excited to support Bazaar as they digitise Pakistan’s retail ecosystem,” says Paul Santos.
‘The consortium that will win this space is not the one with the money but the one that creates a cost-effective ...
‘The latest budget makes it mandatory for retailers to start accepting card payments which open up the market for BNPL, ...
It's clear enough that the average dukanwala will be the centre of startups' digitisation efforts.
It aims to empower and uplift SME retailers with a near-perfect supply chain and financial inclusion.
Chainalysis estimates that the country received about $1.5 billion in cryptocurrency during 2019-20.