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Jugnu, a prominent player in Pakistan's startup ecosystem, has made the surprising decision to shut down its core business operations just a year after securing a substantial $22.5 million funding round.

Jugnu Ceases Core Operations Despite $22.5 Million Funding Round

OkayKer Raises $700,000 in Seed Funding to Revolutionize Automotive Services in Pakistan

In the October-December quarter, the Pakistani startups raised a total of $15.1 million in eight deals, which is also the lowest since the first quarter of 2020.

Pakistan’s Startup Funding Drops by 80%

Motive (formerly KeepTruckin) Lays Off 6% of the Workforce Just Months After Rebranding

DealCart

Pakistani Social Commerce Startup ‘DealCart’ Raises $4.5 Million in Pre-Seed Funding

Aleena Jawaid - July 29, 2022
0
Dukan.pk

Pakistani E-Commerce Startup ‘Dukan.pk’ Lays Off 25 Percent of its Employees

Aleena Jawaid - July 18, 2022
0
Airlift, has announced to permanently shut down its operations in the country as the finances started to dry up and the company could not secure any fresh funding.

Pakistan’s Q-commerce Startup Airlift Shuts Down its Operations in Pakistan

Mina Baig - July 13, 2022
0
financial tech startup

UAE-Based Financial Tech Startup ‘YAP’ Raises $41 Million Funding for Expansion

Aleena Jawaid - July 7, 2022
0
Retailo Technologies, a startup that aims to simplify retail by using technology, has laid off several employees from the engineering department

Retailo Technologies Lays off Several Employees Amid Global Economic Downturn

Mina Baig - June 30, 2022
0
startup

How to Make Your Startup Noticed?

Aleena Jawaid - June 23, 2022
0
Dastgyr

B2B E-Commerce Startup ‘Dastgyr’ Raises $37 Million Funding in Series A...

Aleena Jawaid - June 14, 2022
0
Truck It In

Truck It In is Now the Latest Startup Pursuing Massive Layoffs...

Aleena Jawaid - June 4, 2022
0
Airlift discontinued its operations from Faisalabad, Gujranwala, Sialkot, Peshawar, Hyderabad, Johannesburg, Cape Town and Pretoria.

Airlift Lays off 31% Workforce Amid Global Recession

Mina Baig - May 26, 2022
0
ZoodPay

ZoodPay Acquires Non-Bank Microfinance Company ‘Tez Financial’

Aleena Jawaid - May 24, 2022
0
123...15Page 2 of 15

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