In the past, Pakistani startup culture had a contaminated reputation. Only a few successful enterprises were known to the general public. The top Pakistani enterprises, on the other hand, have been presented in recent years. In addition, the popularity of these businesses grew as they made use of modern technology and as the usage of the internet for advertising grew.
Furthermore, in recent years, the prominence of these startups had skyrocketed. If you’re asking what the common component is for these startups’ growth and success, the answer is ‘digitalization.’
By utilizing online consumer engagement platforms, many service companies have seen significant development across the country. Let’s have a look at the ten top entrepreneurs in Pakistan that are altering business models for the local population.
During the first half of 2022, Pakistani entrepreneurs earned $174 million in reported investment across 17 deals. It’s a rise of 776 percent from $20 million in the first quarter of 2021.
It’s also up from $71 million in the fourth quarter of 2021, a 140 percent increase. The top most successful startups in Pakistan in 2022 will be listed and explained here.
If you’re seeking the best and most successful startups in Pakistan in 2022, stay on this Techburaq’s page.
Daraz.pk, Pakistan’s first and largest e-commerce site, started as an online retail shop in 2012 and has now expanded into a broad marketplace for firms offering anything from smartphones to household appliances to apparel.
Daraz, a Pakistani startup that was acquired by Chinese conglomerate Alibaba (9988.HK) in 2018, has 1 million SMEs on its platform.
Its main purpose is to provide a pleasant shopping experience, which it accomplishes by offering a range of payment options such as bank transfers, cash-on-delivery, excellent customer service, and simple returns. Daraz Group purchased Kaymu, a South Asian consumer-to-consumer online marketplace, in July 2016, and began operations in Sri Lanka and Nepal as a result of the acquisition.
Foodpanda Pakistan’s CEO is Nauman Sikandar Mirza. Since starting his own business in his father’s sitting room in 2011, he has grown to become the CEO of one of the country’s leading e-commerce enterprises.
For the convenience of the vendors, the procedure has been maintained very basic and straightforward to use. A vendor can request a rider on Pandago as soon as they get an order through any channel.
Foodpanda’s riders will come to pick up and deliver the order to the customer’s chosen location while they concentrate on making it. Foodpanda is just a simple online service that allows you to order meals from a range of restaurants. Enjoy a variety of foods and flavors delivered right to your house.
Another of Pakistan’s highest-profile startups is Zameen.com. It is a software program that aids in the discovery of the best real estate markets.
Zeeshan Ali Khan and Imran Ali Khan launched Zameen.com. It all began in Lahore in 2006. Zameen.com. The industrial services provided by zameen.com are listed below.
Portals on the internet
Management of real estate
It’s all about real estate.
Around 1001 to 5000 employees work on zameen.com. This startup received funding from four investors. It has gone through five rounds of fundraising. Zameen.com has a total funding amount of roughly $31,100,000. The zameen.com program uses tools to follow Zameen.
Calculator for home loans
Pages of land records
Converting Area Units Area Guides
In 2022, Tajir will be Pakistan’s best and most popular startup. Babar Khan and Ismail Khan came up with the idea. It was then launched in Lahore in 2018. It has now been included on a list of Pakistan’s finest startups.
B2B, retail, retail, and e-commerce facilities are all available at Tajir. It is now largely considered as the best B2B (business to business) smartphone app, with features such as e-commerce, store, and marketplace. Tajir has 22 sponsors and has raised funds in four rounds. It has total funding of $18,950,000. This startup employs approximately 11 to 50 people.
Dawaai is a famous digital healthcare information platform in Pakistan. It contains a variety of health-related information. It also includes a generic medicine network and an internet pharmacy.
Dawaai was founded in 2013 by Furqan Kidwai, who has become the inventor of this firm. It can be found in Karachi. It connects a variety of industrial services, including e-commerce, mobile health, the internet, medical services, and pharmaceuticals.
Currently, this firm operates between 101 and 250 employees. This firm has received investment from eight investors and has finished six funding rounds to date. It has a total budget of $9,500,000. Customers can order products for daily well-being, herbal and homoeopathic remedies, sexual fitness, and medical equipment. It has also offered articles more about products that include usage, health consequences, warnings, and other product information.
To deliver superior services, airlift technologies make use of cutting-edge technology and revolutionary logistics. It provides consumers with critical household supplies delivered in 30 minutes or less.
Meher Farrukh, Usman Gul, Muhammad Owais, Awaab Khakwany, Ahmed Ayub, and Zohaib Ali, formed the Airlift startup in Lahore in March 2019. At the time, its services were provided in eight different cities across Pakistan. It has a total funding amount of $109.2 million.
During the COVID-19 epidemic, airlift operations were also available. They use contemporary buses to provide services to its consumers. The business, however, was destroyed by the pandemic.
They started up once more in September 2020, this time with an emphasis on the delivery of products. The airlift, on the other hand, marked a new high for Pakistani startups. It got $85 million in a new B investment in August 2021. As a result, it will be necessary to monitor airlift in 2022.
Bykea, a 3-year-old ride-hailing and courier service, now has over 500,000 registered bikes. It is present throughout Pakistan’s most populous cities, including Karachi, Lahore, and Islamabad.
Bykea is sustainable development software that provides clients with INSTANT transportation and courier services, saving them time and money.
Bykea is a transportation, logistics, and cash-on-delivery payment app in one. Our services assist in the efficient movement of people, parcels, and money in a safe, dependable, and cost-effective manner. Our mode of mobility is the motorbike, which outnumbers cars three to one in Pakistan.
Ahmed Khan founded Cheetay, another of Pakistan’s highest-performing firms. It all began in Lahore in 2015. Cheetay is a Pakistani firm that focuses on delivery orders, logistics, and e-commerce. It is now regarded as Pakistan’s fastest-growing e-commerce platform.
Cheetay now employs between 501 and 1000 people. Despite the fact that it only possesses a sponsor, it has finished five rounds of investment. Cheetay received over $11,600,000 in investment.
As previously said, Cheetay provides a wide range of market services. Some of them are detailed as follows. It delivers the necessities, such as grocery items or other daily necessities, to the customer’s door. Customers can also have their food goods delivered to their door in a timely manner.
Medications can be ordered by emailing a prescription. It also brings over-the-counter medications right to the customer’s door.
Finja is a modern financial services platform that caters to the needs of professionals, merchants (Karyana stores), and small and medium-sized businesses in terms of payments, collections, and credit. They have a unique place in the value chain as friends of banks, financial institutions, and merchants, allowing all participants in the eco-system to engage digitally.
The startup’s specifics include:
- Lahore is the capital of Pakistan.
- 2016 was the start of the project.
- Founders: Monis Rahman, Qasif Shahid, and Umer Munawar Manufacturers: Financial Services, FinTech, Loans, Mobile Payments, and Payments Founders: Monis Rahman, Qasif Shahid, and Umer Munawar Founders: Monis Rahman, Qasif Shahid, and Umer Muna
- Employees range from 101 to 250.
- The total amount of funding is $24,547,936.
- The total number of funding rounds is five.
- Six investors are involved.
The Grocer App is one of Pakistan’s best startups. It offers online food stores at the most competitive pricing available. Customers can order a wide range of supermarket products from the company. The items are delivered to the customer’s doorstep.
Ahmed Saeed, Rai Bilal, and Hassan Sadiq founded Grocer App.
It all began in Lahore in 2016. Consumer goods, food marketplaces, shopping, e-commerce, and web platform services are among the industrial services available.
Currently, 11 to 50 individuals work in the Grocer App.
This App has received investments from fifteen investors, and various funding phases have been completed yet. It has received over $6,200,000 in total investment.
Customers can take advantage of a variety of deals and offers provided by Grocer App. Fruits, vegetables, samosa sheets, Meat, mince, and other goods are featured in this app.