Exclusive: Remotebase raises $1.4 million seed to connect Pakistani software engineers with Silicon Valley startups

Short Url
Updated 09 March 2021

Exclusive: Remotebase raises $1.4 million seed to connect Pakistani software engineers with Silicon Valley startups

March 9: Menabytes report by Zubair Naeem Paracha states that Lahore-based ten-month-old remote talent startup Remotebase has raised $1.4 million in a seed round led by Pakistan-focused VC Indus Valley Capital (which closed its maiden fund with $17.5 million last week), it told MENAbytes today. Draper Associates, the VC firm of Tim Draper, US-based early-stage VC Hustle Fund, and some other investors also participated in the round. It is the first investment for both Draper Associates and Hustle Fund in a Pakistani startup.

Read More I


Pakistan to Push Growth to 3.5% Amid IMF Austerity Measures

Updated 09 June 2023

Pakistan to Push Growth to 3.5% Amid IMF Austerity Measures

June 9: Bloomberg reported Pakistan’s government will present a carefully-knitted together budget for the next financial year as it looks to balance boosting stuttering economic growth with the tough conditions imposed by the International Monetary Fund to revive a bailout program. Read more I 


Old faces return to join Jahangir Khan Tareen’s new platform

Updated 09 June 2023

Old faces return to join Jahangir Khan Tareen’s new platform

June 9: Dawn reported the Istehkam-i-Pakistan Party (IPP) — the new home of most PTI deserters — was formally launched on Thursday with the objective to “give a new direction to politics and take the country forward with a strong economy”. Read more I 


Rs42.41b reserved for polls this year

Updated 09 June 2023

Rs42.41b reserved for polls this year

June 9: The Express Tribune reported The federal government has allocated around Rs42.41 billion in the next fiscal year’s budget for the upcoming general elections -- probably falling in October or November of 2023. Read more I 


China Hosts Rare Counterterrorism Talks With Iran, Pakistan

Updated 08 June 2023

China Hosts Rare Counterterrorism Talks With Iran, Pakistan

VOA reported, China, Iran and Pakistan held their first trilateral counterterrorism and regional security consultations on Wednesday in Beijing. Read More I


PBS survey to verify census data

Updated 08 June 2023

PBS survey to verify census data

Express Tribune reported The Census Monitoring Committee (CMC) decided on Wednesday to launch the post-enumeration survey for validating the provisional data collected during the country’s first-ever digital census. Read More I