Top 10 Startups In Pakistan In 2024
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The startup scene in Pakistan is quickly gaining traction. Over the years, the country has produced dozens of successful startups, some already valued at billions of dollars. Whether you’re looking to start your own business or are just interested in learning about fast-growing startups from Pakistan, here’s an extensive list of the top 10 startups founded in the country.
1. Tajir
Description: Tajir is a business-to-business platform designed for small businesses, enabling them to procure goods directly from suppliers.
Details:
- State: Punjab
- City: Lahore
- Started in: 2018
- Founders: Babar Khan, Ismail Khan
- Industries: B2B, E-Commerce, Marketplace, Retail
- Number of employees: 11-50
- Funding: $18,950,000
- Funding rounds: 4
- Investors: 22 (Flexport, Graph Ventures, Pioneer Fund)
2. GrocerApp
Description: GrocerApp is an online grocery store offering a variety of products delivered directly to customers' doors.
Details:
- State: Punjab
- City: Lahore
- Started in: 2016
- Founders: Hassaan Sadiq, Rai Bilal, Ahmad Saeed
- Industries: Consumer Goods, E-Commerce, Grocery, Marketplace, Online Portals, Shopping
- Number of employees: 11-50
- Funding: $6,200,000
- Funding rounds: 3
- Investors: 15 (Ziyad Alami, Khaled Alami, Jon Puckhaber, Lean Bricks Ventures)
3. Dawaai
Description: Dawaai is a digital health platform that includes an online pharmacy network and provides access to generic pharmaceuticals.
Details:
- State: Sindh
- City: Karachi
- Started in: 2013
- Founder: Furquan Kidwai
- Industries: E-Commerce, Health Care, Internet, mHealth, Pharmaceutical
- Number of employees: 101-250
- Funding: $9,500,000
- Funding rounds: 6
- Investors: 8 (Planet N Group of Companies, Sarmayacar, Crimson Seed Capital)
4. Finja
Description: Finja is a financial services platform providing professionals and SMEs with various payment, loan, and collection services.
Details:
- State: Punjab
- City: Lahore
- Started in: 2016
- Founders: Monis Rahman, Qasif Shahid, Umer Munawar
- Industries: Financial Services, FinTech, Lending, Mobile Payments, Payments
- Number of employees: 101-250
- Funding: $24,547,936
- Funding rounds: 5
- Number of investors: 6 (VEF, BEENEXT, Quona Capital, ICU Ventures, Habib Bank Limited)
5. Salesflo
Description: Salesflo is a B2B platform that allows retailers to place orders directly with manufacturers, wholesalers, and authorized distributors.
Details:
- State: Sindh
- City: Karachi
- Started in: 2015
- Founders: Naveed Memon, Sharoon Saleem, Syed Khurram Haider, Yasir Suleman Memon
- Industries: B2B, Crowdsourcing, E-Commerce, Logistics
- Number of employees: 51-100
- Funding: PKR518,000,000
- Funding rounds: 1
- Number of investors: 1 (Systems Limited)
6. Daraz.pk
Description: Daraz is an online retailer offering branded clothing, footwear, apparel, jewelry, and accessories for men and women.
Details:
- State: Sindh
- City: Karachi
- Started in: 2012
- Founders: Farees Shah, Muneeb Maayr, Ahmed Khan, Muhammad Ahsan Raza
- Industries: E-Commerce, Fashion, Shopping
- Number of employees: 501-1000
- Funding: $55,600,000
- Funding rounds: 2
- Number of investors: 3 (Alibaba Group, CDC Group, Asia Pacific Internet Group)
7. Bykea
Description: Bykea is a social impact app providing instant transport and courier services, saving clients time and money.
Details:
- State: Sindh
- City: Karachi
- Started in: 2016
- Founder: Muneeb Maayr
- Industries: Courier Service, Shopping, Ride Sharing
- Number of employees: 101-250
- Funding: $18,700,000
- Funding rounds: 2
- Number of investors: 3 (Prosus Ventures, Middle East Venture Partners (MEVP), Sarmayacar)
8. KASB Securities (KTrade)
Description: KTrade simplifies investing, making it accessible and convenient for everyone.
Details:
- State: Sindh
- City: Karachi
- Started in: 2018
- Founder: Ali Farid Khwaja
- Industries: Finance, Financial Services, Stock Exchanges
- Number of employees: 11-50
- Funding: $4,500,000
- Funding rounds: 1
- Number of investors: 4 (HOF Capital, Christian Angermayer, TTB Partners, David Mortlock)
9. Cheetay
Description: Cheetay is Pakistan's fastest-growing NOW-Commerce platform with diverse service verticals.
Details:
- State: Punjab
- City: Lahore
- Started in: 2015
- Founder: Ahmed Khan
- Industries: Delivery, E-Commerce, Food Delivery, Logistics
- Number of employees: 501-1000
- Funding: $11,600,000
- Funding rounds: 5
- Number of investors: 1 (Jabberwock Ventures)
10. SadaPay
Description: SadaPay is a "neobank" in Pakistan, providing digital banking services aimed at simplifying financial transactions.
Details:
- State: Islamabad
- City: Islamabad
- Started in: 2018
- Founder: Brandon Timinsky
- Industries: Banking, Financial Services, FinTech
- Number of employees: 51-100
- Funding: $9,300,000
- Funding rounds: 2
- Investors: 6 (Kingsway Capital, Raptor Group, Brian McGrath)
These startups reflect Pakistan's dynamic entrepreneurial landscape, offering innovative solutions across various sectors. They showcase the country’s potential to foster businesses that can scale and succeed on a global stage.