The quarter just ended, and the numbers are in. Pakistani startups raised $6.8 million in disclosed equity funding across five deals in Q3 2023.
That’s 87% less than the $55 million raised in Q3 of 2022 but 40% more than the $5 million raised in Q2 of 2023. This brings the YTD funding to $35 million.
So what gives? To answer that question and better understand the current trends in Pakistani startup funding, in this episode of the misaal podcast, I am joined by Mutaher Khan.
He covers startups for DAWN and is the co-founder of Data Darbar.
We discuss the funding winter, startup failures, and how media creates and shapes narratives.
Funding data and article links mentioned in the episode:
https://techshaw.com/pakistani-startups-raised-6-8-million-q3-2023/
https://insights.datadarbar.io/q323-startup-funding-deals-lowest-in-5-years/
https://insights.datadarbar.io/strategic-divestment-or-desperation-exploring-finjas-emi-sale-to-opay/
Guest: Mutaher Khan | https://www.linkedin.com/in/mutaherkhan/
Website: Data Darbar - https://datadarbar.io/
Host: Zahid Lilani - https://twitter.com/ZahidLilani
Startup funding news: Techshaw - https://techshaw.com
Free newsletter: https://techshaw.substack.com/
Other ways to listen: https://techshaw.com/misaal
Buy me a coffee: https://www.buymeacoffee.com/zahid