News

November 17, 2023

JazzCash and Fatima Gobi Ventures Team Up to Boost Startu...

Karachi, Pakistan: 15 November 2023 – JazzCash, Pakistan’s leading FinTech platform and Pakistan’s most active venture capital (VC) company, Fatima Gobi Ventures (FGV) announced a strategic partnership that…

Releases
April 27, 2023

TaqwaTech Thursdays: Breaking the cultural taboo with Udh...

Nobody should miss out on precious family time because they were struggling to fill out a balance sheet. Seeing this happen year after year drove Fahad Kamr to create a…

Startups
April 20, 2023

TaqwaTech Thursdays: Social selling made easy with Zarya

Fatima Gobi Ventures (FGV)’ TaqwaTech initiative allows aspiring tech startups to drive innovation and growth in Muslim economies like Pakistan. One such startup is Zarya which has simplified…

Startups
April 13, 2023

TaqwaTech Thursdays: No one goes hungry during Ramadan an...

Co-founder and Chief Executive Officer of financial wellness company Abhi, Omair Ansari, aspires to make Eid Mubarak a joyous occasion for all, by enabling them to access advances on…

Startups
April 6, 2023

TaqwaTech Thursdays: Celebrating Pakistan’s Most Promisin...

As we welcome the arrival of spring, the burgeoning startup scene in Pakistan continues to flourish. The country achieved a remarkable 17% year-on-year increase in total venture funding,…

Fatima Gobi
March 20, 2023

Internet Startup Maqsad Scores Pakistan’s Biggest Edtech ...

Pakistan’s Maqsad raised the nation’s largest funding round by an education technology provider, showing that some startups in the nascent market are attracting investors despite a global venture financing slump.

Startups
March 2, 2023

Helping Millions Of Pakistanis Get Credit For The First T...

Pakistan’s banks face a chicken-and-egg problem when it comes to lending money to their customers. They lack the data on customers’ credit histories that they need in order to decide whether to lend; but until they start lending, they won’t amass any of that data. Enter AdalFi, a Lahore-based fintech, which has developed a technology-driven solution to help break the logjam.

Startups
January 16, 2023

2022: A Year in Review

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…

Fatima Gobi
November 29, 2022

ADGM’s FSRA Grants the first Open Banking Third Party Pro...

Open Banking platform Lean Technologies today announced that it has received its Financial Services Permission (FSP) to carry out the regulated activity of providing Third Party Services from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), the international financial centre of the capital of the UAE.

Startups
August 30, 2022

PriceOye.pk Raises US$7.9 Million in Seed Funding Round

Investment in one of Pakistan’s leading B2C eCommerce platform will enable the startup to acquire customers, add new products and expand its network of partners ISLAMABAD,  August 30,…

Startups
August 16, 2022

Karachi-based fintech Safepay secures pilot licence from SBP

The pilot approval is the second step towards receiving a full payment service provider licence and was granted based on Safepay fulfilling the SBP’s stringent criteria.

Startups
July 28, 2022

DealCart is focused on price-conscious Pakistani consumers

Founded by Haider Raza and Ammar Naveed, DealCart wants to address the low usage of e-commerce among middle and lower-income segments in Pakistan.

Startups
March 25, 2022

COLABS Gets US$3 Million Seed to Expand Across Pakistan

Lahore-based coworking space COLABS seeks to empower entrepreneurs and freelancers through its spaces and tech platform across Pakistan.

Startups
February 4, 2022

Truck It In Raises Seed Money to Fund Expansion

Trucking marketplace startup’s new round was co-led by Global Founders Capital and Fatima Gobi Ventures

Startups
January 26, 2022

Inventhub Raises a Pre-seed Round Led by Fatima Gobi Vent...

Pakistan has seen exponential interest in the past two years, with Bloomberg reporting that Pakistani startups raised over US$300 million in 2021 alone.

Startups
January 20, 2022

Saudi fintech start-up Lean Technologies has won a $33 mi...

KSA-based Lean Technologies closes US$33 million in Series A — the round marks Sequoia Capital’s first investment in the Gulf region.

Startups
January 10, 2022

2021: Year in Review | Fatima Gobi Ventures

2021 has been a year of record-breaking growth for Pakistan’s vibrant startup ecosystem, and we’re proud to have continuously backed Pakistani entrepreneurs as the most active venture capital investor. Our portfolio now includes 18…

Fatima Gobi
December 22, 2021

Pakistan’s Tazah closes $6.5 million pre-seed for its B2B...

Pakistan’s Tazah Technologies , a B2B fresh produce marketplace, closes US$6.5 million — the largest pre-seed round in Pakistan to date.

Startups
November 9, 2021

Pakistani Fintech Savyour Raises US$3.3 M Seed

Karachi, November 09, 2021 – Pakistan based fintech Savyour, which developed the country’s first cashback app and pay-per-sale affiliate marketing network, has raised US$3.3 million in a seed round…

Startups
November 8, 2021

YC-backed Udhaar Book raises US$6 M to help Pakistan merc...

Udhaar Book, a super app for small businesses, raised US$6 million in seed funding from Fatima Gobi Ventures, Muir Capital, JAM Fund, Commerce Ventures, Soma Capital, Liberty City…

Startups
November 3, 2021

Housing Fintech Trellis Raises Funding to Expand Across P...

Karachi, Pakistan, November 3, 2021: Trellis Housing Finance Limited (Trellis), an SECP licensed Housing Finance Company based in Karachi, has raised an investment round led by local and…

Startups
November 1, 2021

Zarya Raises $1.7M to Support Social Sellers in Sourcing,...

A digital wholesale platform for social sellers & retailers, Zarya will use this pre-seed round to expand its team and scale its offering.Zarya, a B2B platform for small…

Startups
October 20, 2021

Pakistani Last-mile Delivery Provider Rider Bags US$2.3 M...

Rider closed a US$2.3 million seed round led by Global Founders Capital, Fatima Gobi Ventures and ADB Ventures (the Asian Development Bank’s venture arm). Local investors TPL E-Ventures…

Startups
October 1, 2021

CDC Group Becomes Anchor Investor of Fatima Gobi Ventures...

With an accelerated interest in Pakistan‘s ecosystem, we are happy to announce CDC Group, a leading financial institution from the United Kingdom has become our anchor investor in…

Videos
September 30, 2021

CDC Group backs Fatima Gobi Ventures’ Pakistan-focused fund

The new funds injection will boost Techxila Fund I’s investments in early-stage tech companies across Pakistan

Fatima Gobi
September 20, 2021

Maqsad raises USD 2.1 million to make education accessibl...

Founded by childhood friends Taha Ahmed and Rooshan Aziz, Pakistan based ed-tech Maqsad is addressing the challenges within the Pakistani education system.

Startups
September 7, 2021

Pakistani trucking marketplace Truck It In adds $3 millio...

The startup has raised the largest ‘pre-seed round’ for any trucking startup in the world.

Startups
August 31, 2021

Forbes Asia 100 To Watch

Forbes Asia showcases 100 Asia-Pacific companies and startups that are on the rise, bullish and agile even throughout the pandemic.

Startups
July 2, 2021

Pakistani startups on a roll as they rake in $120 million...

Recent flurry of foreign investors has helped increase round sizes significantly as 20 of the 35 deals were worth more than $1m.

Startups