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