Venture capital

Anthropic raises USD 65 billion at USD 965 billion valuation ahead of expected IPO
Business

Anthropic raises USD 65 billion at USD 965 billion valuation ahead of expected IPO

Anthropic has secured USD 65 billion in funding at a USD 965 billion post-money valuation in its latest funding round, marking what could be the AI startup’s final private fundraising before entering public markets.The Series H round was co-led by Altimeter Capital, Dragoneer, Gr...
Business DeskBusiness DeskMay 29, 2026
Epic Angels invests in Pakistan payments startup Neem
Business

Epic Angels invests in Pakistan payments startup Neem

Epic Angels, the world’s largest all-female investment collective, has invested in Pakistan-based payments platform Neem as part of the company’s pre-Series A funding round, the firm said on Thursday.The investment round also includes participation from DNI Group, Hi2 Global and ...
Business DeskBusiness DeskJan 22, 2026
After years of struggle, Pakistan’s fintech sector ‘finds its feet’
Business

After years of struggle, Pakistan’s fintech sector ‘finds its feet’

Pakistan’s fintech industry is showing signs of a strong rebound after years of lagging behind regional powerhouse India, as investors’ interest and simplified regulatory framework increases funding inflows, Forbes reported.The global publication said venture funding in the count...
Business DeskBusiness DeskDec 1, 2025
Pakistani-founded AI startup Jams acquired by OpenAI in landmark deal
Business

Pakistani-founded AI startup Jams acquired by OpenAI in landmark deal

U.S. artificial intelligence leader OpenAI has acquired Jams, a generative AI startup founded by Pakistani engineers Asad Awan and Hamza Aftab, marking a notable milestone for Pakistan’s tech ecosystem and venture capital scene.Awan, announcing the development on LinkedIn, said t...
Business DeskBusiness DeskNov 10, 2025
Pakistan fintech startup ZAR raises $13M to test stablecoins
Business

Pakistan fintech startup ZAR raises $13M to test stablecoins

Pakistan’s fintech startup ZAR has raised $12.9 million in fresh funding to pilot dollar-backed stablecoins, a move seen as a major boost for Pakistan’s growing crypto market.A stablecoin is a type of cryptocurrency designed to maintain a stable value by being pegged to a more st...
Hammad QureshiHammad QureshiOct 28, 2025
Pakistani fintech ABHI selected for global startup program
Business

Pakistani fintech ABHI selected for global startup program

Pakistan’s fintech company ABHI has been selected as one of the eight startups worldwide to join Mastercard Start Path’s Small Business program, according to a statement.This program, by the global payment gateway, supports startups in scaling their business and developing produc...
Business DeskBusiness DeskSep 30, 2025
Pakhtun Wardrobe receives funds committed during Shark Tank Pakistan after due diligence completed
Business

Pakhtun Wardrobe receives funds committed during Shark Tank Pakistan after due diligence completed

Pakhtun Wardrobe, a sustainable fashion startup founded in Pakistan's Swat, has secured investment from Shark Tank investor Junaid Iqbal and CEO of Allied Services Shezad Mumtaz after successfully clearing a detailed due diligence process.The investment marks a key milestone in t...
Business DeskBusiness DeskAug 7, 2025
DIFC sees record growth in H1 2025 as global finance firms flock to Dubai
Business

DIFC sees record growth in H1 2025 as global finance firms flock to Dubai

Dubai International Financial Centre (DIFC) registered a record-breaking first half in 2025, driven by the emirate’s robust financial sector and growing global appeal.The DIFC added 1,081 new companies between January and June—up nearly 33% year on year, marking the highest-ever ...
Dubai DeskDubai DeskJul 29, 2025
Pakistan's Bazaar Technologies eyes profitability as it acquires Keenu
Business

Pakistan's Bazaar Technologies eyes profitability as it acquires Keenu

Bazaar Technologies Pvt., one of Pakistan's most-funded startups, expects to achieve profitability in the coming quarters, marking a key milestone for the five-year-old company as it ramps up ambitions to become the country’s leading e-commerce and fintech platform, Bloomberg rep...
Business DeskBusiness DeskJul 9, 2025
Pakistan startups rebound with homegrown funding as foreign investors pull back
Business

Pakistan startups rebound with homegrown funding as foreign investors pull back

Pakistan's venture capital ecosystem has rebounded in the first half of 2025, with domestic investors increasingly filling funding gaps as international backers grow more cautious about emerging markets, according to a new report released Saturday.The recovery marks a significant...
Business DeskBusiness DeskJul 6, 2025