2022: A Year in Review

January 16, 2023

Despite the challenges presented to the venture capital industry and the start-up ecosystem over the past year, startups in Pakistan recorded a 17% year-on-year increase in total venture funding, raising US$426 Million in 2022.

We are proud to have continuously backed our portfolio comprising of the country’s most promising startups, which now includes 20 active companies that are levelling the playing field by providing the unserved and underserved with equitable access to financing, banking, education, asset ownership as well as convenience of online shopping, whilst highlighting Pakistan as an attractive investment proposition to global investors in the process.

Our heartfelt gratitude to our investees for making us part of their journey and to our network of co-investors and Limited Partners for their continued support and trust in us.