Tag Archives: Startups face steep funding downturn

KARACHI: The total funding raised by Pakistani startups in 2023 was $75.8 million, experiencing a sharp decline of 77 per cent compared to the preceding year, according to a Pakistan Tech and VC landscape report by Data Darbar and Indus Valley Capital. Similarly, the number of deals also decreased by 41.8pc to 39pc, the lowest since 2019. Consequently, the average ticket size …

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