- Joined
- Oct 14, 2020
- Messages
- 27,425
- Likes
- 189,279
@Maharaj samudragupt saale wow ke chode fir shuru ho gaya tu.
@Maharaj samudragupt saale wow ke chode fir shuru ho gaya tu.
Ye sun le , aur so ja@Maharaj samudragupt saale wow ke chode fir shuru ho gaya tu.
WTF is lucky group?
WTF is lucky group?
Not going to happen just roohani newsPakistan Chooses Blasphemy Laws And Human Rights Abuses Over Trade With EU : Loss Of GSP+ Status May Result in €3 Billion Loss
#EU #EuropeanUnion #GSP #Pakistan #BlasphemyLaws #HumanRightsAbuses #EnforcedDisappearance #ForcedConversions
@Lonewolf @sorcerer @Hariharan_kalarikkal @rock127 @Raaakisazih @FalconSlayers @ladder @bhramos @asaffronladoftherisingsun @ezsasa @Nationalist Manasvi Papa @SUPERPOWER @Kchontha @Scramjet @StealthFlanker @roma @RoaringTigerHiddenDragon @mist_consecutive
Their 296 billion USD GDP went to shambles, lol. Ab karwa lo gadho ka survey hehe.Rupee weakens by Rs1.2 to hit nine-month low against dollar
At Rs163.67 per dollar, this is the lowest level reached by the rupee against the greenback since Oct 13, 2020.www.dawn.com
Their 296 billion USD GDP went to shambles, lol. Ab karwa lo gadho ka survey hehe.
is not 164 still high for PKR, they are importing everything and in return only exports some low value products like towels and kinnows. the original value could be around 250PKRDollar hits nine-month high at Rs164 in interbank
KARACHI: The rise of the United States (US) dollar in the interbank against the Pakistani rupee continued on Tuesday as it touched the Rs164 mark, thearynews.tv
Naacho bc
View attachment 103518
Export to where?Naacho bc
View attachment 103518
Peer baba koreysh ki dargah parExport to where?
Trade gap has been widening since December 2020, mainly led by exponential growth in imports and comparatively slow growth in exports.PM’s aide says government has set $38.7bn export target for FY22
SUCH IS THE CONDITION THAT JUST $85 MILLION FUNDING CAUSED PAKI PM TO CONGRATULATE, YAHA TOH BILLIONS OF DOLLARS KA HOTA HAI, MODI KO GHANTA FARK NAHI PADTA …Pakistani startup sees the country’s largest funding round (Lol seriously!!! )
The online shopping delivery firm pivoted in the pandemic to offer 30-minute deliveries, raised $85m in Series B round. (Yup it’s Pakiland’s largest, lmao ).
Airlift plans to expand its operations to 15 Pakistani cities by the end of the year [File: Asim Hafeez/Bloomberg]
By Faseeh Mangi and Chris KayBloomberg
18 Aug 2021
Airlift Technologies Pvt. has scored the largest single private funding round in Pakistan’s history ahead of plans to enter overseas markets, as the country begins to join a regional startup financing boom.
The Lahore-based online shopping delivery firm raised $85 million in Series B financing co-led by Harry Stebbings from 20VC and Josh Buckley from Buckley Ventures Ltd., with participation from former Y Combinator president Sam Altman. That would be the largest-ever round for a Pakistani startup, according to a data tracker from venture capitalist fund Invest2Innovate.
KEEP READING
How children are paying the price in Pakistan’s mass HIV outbreak
‘Challenge your limit’: Pakistani teenager who summited K2Fear and stigma
slow COVID vaccine drive among trans Pakistanis
Pakistan says ‘closely following’ situation in Afghanistan
Pakistan is “in the very early stages, but the transformation is happening very, very quickly and we are seeing a shift in behavior,” Airlift co-founder Usman Gul said in an interview. “We have a lot of people who previously didn’t shop online.”
The investment in Pakistan, a country of more than 200 million people — the world’s fifth-most populous — with a fledgling tech industry , mirrors a wave of investment across the border in IndiaView attachment 105665. Pakistani startups, the bulk of which are focused on e-commerce, raised a record $101 million in the first half of this year compared with $66 million in all of 2020, according to Invest2Innovate data. That’s still dwarfed by its neighbor, where technology startups scored a record $6.3 billion in the second quarter.
For Airlift, the funding comes after the company pivoted around September into e-commerce with 30-minute shipments after the pandemic halted their main business — selling air-conditioned bus rides. It enters a space that’s hotly competitive around the world, where grocers and e-commerce startups like Dunzo, Gorillas, Getir, and Gopuff battle to provide swift deliveries across traffic-clogged cities from Delhi (What’s the obsession with India?) to New York and London.
Airlift’s fund raise is equal to the entire amount raised by Pakistani startups in the first half of the year. It also eclipses the largest initial public offering by the nation’s private sector, according to data compiled by Bloomberg (Such a pathetic state of Paki economy).
It now plans to expand its operations to 15 Pakistani cities by end of the year, up from a current eight. It’s also in the middle of a hiring spree with plans to double its core workforce to 400 by the end of next year, Gul said. The company is looking to enter an overseas developing market in about three months.
“Very quickly we realized that the distribution of consumer goods was quite broken,” he said. “I ordered groceries and had to wait six hours to get that delivery. So we wanted to change that.”
Pakistani startup sees the country’s largest funding round
The online shopping delivery firm pivoted in the pandemic to offer 30-minute deliveries, raised $85m in Series B round.www.aljazeera.com
____________________________________________________________________________________
Funniest shit, I’ve ever heard of!!!
Everywhere trying to compare with India, can’t live without India these Pakis!
View attachment 105667
Imran Khan will start Dancing even for a rupee in his Begging bowl let alone 85million USDSUCH IS THE CONDITION THAT JUST $85 MILLION FUNDING CAUSED PAKI PM TO CONGRATULATE, YAHA TOH BILLIONS OF DOLLARS KA HOTA HAI, MODI KO GHANTA FAR NAHI PADTA …
'Pakistan is open for business': PM Imran lauds Airlift achievement of securing $85m financing
Dawn.com
August 20, 2021
View attachment 105866
Prime Minister Imran Khan says the PTI government is fully committed to creating further business opportunities.
Prime Minister Imran Khan on Friday welcomed the $85 million investment through Series B financing — the largest single private funding round in Pakistan’s history — in Airlift, a Lahore-based online shopping delivery service.
Series B financing is the second round of funding for a company that has met certain milestones and is past the initial startup stage.
"We welcome the recent investment of $85m by leading VCs (venture capitalists) of the world in Airlift, a company led by young Pakistanis," he tweeted.
The premier said Pakistan had "huge potential" and was open for business, adding that the PTI government was "fully committed" to creating further opportunities.
Responding to the prime minister's tweet, Airlift thanked him for bringing attention to the milestone, adding that it would pave the way for more investments in Pakistani startups.
Punjab Chief Minister Usman Buzdar also praised the achievement. He said he was "glad" to share that global investors were exhibiting confidence in Pakistan's evolving technology space.
Azhar Mashwani, Punjab chief minister's focal person for digital media, meanwhile, pointed out that investment in Pakistani startups had increased from $170m between 2015 and 2020 to $193m in 2021 alone.
"Best of luck to Airlift and all others," he tweeted.
The $85m amount raised is around twice the size of the largest private company initial public offering in Pakistan’s history and the highest in the Middle East and North Africa region.
Airlift Technologies Co-founder and CEO Usman Gul said the financing would add five per cent to the country’s foreign direct investment for the fiscal year 2022.
“A year ago, Airlift halted operations on the transit service and diversified into last-mile grocery delivery. Today, our team closed $85m in Series B financing to scale our delivery platform across continents.
"With this financing, we as Pakistanis must return to where we started from fighting against the odds and staying true to our core values of hustle, teamwork, resourcefulness, and bias to action. If this is the journey of a thousand miles, we have taken only the first step,” he said.
Thread starter | Similar threads | Forum | Replies | Date |
---|---|---|---|---|
India added 20% of Pakistan GDP in 2 days to her economy. | Economy & Infrastructure | 125 | ||
Pakistan will be 16th largest economy by 2050: PWC report | Pakistan | 75 | ||
B | Pakistan's economy facing existential crisis: Report | Pakistan | 2 | |
Pakistan's economy better than India's: Bloomberg | Pakistan | 38 |