Stablecoin startup ZAR raised $12.9M led by a16z to test USD-backed coins for Pakistan, which the World Bank estimates has the third-largest unbanked population
Andreessen Horowitz is leading funding for a year-old startup that seeks to popularize the use of stablecoins through neighborhood stores …
Sources: Spotify plans to raise prices by $1 to $2 per month in the UK, Australia, Pakistan, and two other markets by the end of April, and the US later in 2024
- The audio service will raise prices in a few major markets — Spotify will create new plan that doesn't include audiobooks
Disney+ Hotstar reclaims the global streaming record for most live concurrent views with 35M watching the October 14 India-Pakistan ICC Cricket World Cup match
In India, few events garner as much attention as a cricket game. A high-profile match between neighbors India and Pakistan delivered …
Islamabad-based fintech Dbank, which aims to “democratize banking” in Pakistan, raised a $17.6M seed led by Sequoia Capital Southeast Asia and Kleiner Perkins
Manish Singh / TechCrunch :
Pakistan-based Airlift, which delivers goods in 30 minutes, is shutting down after failing to raise more funding; Airlift raised an $85M Series B in August 2021
Manish Singh / TechCrunch :
Dubai-based digital bank YAP has raised $41M as part of a Series A, and says it plans to expand into Saudi Arabia, Egypt, Pakistan, and Ghana
Alexander Cornwell / Reuters :
A look at Alibaba's plans to expand into South Asia as its Chinese operations sputter, including through its Daraz unit in Pakistan, acquired for $194M in 2018
Financial Times : Tweets: @rencapman , @dreyerchina , and @b_parkyn Tweets: Charlie Robertson / @rencapman : South Asia smartphone penetration forecast to boom - Bangladesh from 41% to 62% 2020-25, P...
Pakistan-based Dastgyr, which is building an e-commerce service, raised a $37M Series A, the country's largest-ever, led by telecom Veon's venture arm
Pakistan's Dastgyr Technologies Pvt., which aims to create an e-commerce platform similar to Alibaba Group Holding Ltd. for emerging markets …
Karachi-based lending app Abhi, which offers loans to people and SMBs, raises a $17M Series A led by Speedinvest at a $90M valuation and says it has 650K users
Faseeh Mangi / Bloomberg : Tweets: @biaohs23 Tweets: @biaohs23 : Pakistan's startup scene is on 🔥 since 2020. I see larger funding rounds, more VCs pouring in, bigger names coming to Pakistan. This i...
Pakistan-based Jugnu, an e-commerce marketplace that connects retail stores and SMBs directly to manufacturers, raises a $22.5M Series A led by Sary
Kul Bhushan / Tech in Asia :