Karachi's startup ecosystem is marked by a strong focus on financial technology and logistics. Companies in these sectors are tackling key local economic challenges.
Financial wellness company Abhi leads with $57.8M in funding. Payments platform Haball has also secured a significant $52M.
Below is our list of 5 Karachi startups worth keeping an eye on.
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Get the Sheet for $50BusCaro created a technology platform to manage daily travel for students and corporate employees. Their service combines transportation logistics with integrated payment solutions, offering a streamlined commuting experience.
| Year Founded | 2022 |
| Founders | Maha Shahzad |
| Funding Amount | $4M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Seed |
| Top Investors | Wahed, Epic Angels, Orbit Startups, Accelerate Prosperity, Cartography Cap |
Abhi built a financial wellness platform that allows employees to access their earned salary at any time. The company provides this service as an employee benefit to help workers manage cash flow and avoid high-interest debt.
| Year Founded | 2021 |
| Founders | Ali Ladhubhai, Omair Ansari |
| Funding Amount | $57.8M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Debt Financing |
| Top Investors | Village Global, Speedinvest, Y Combinator, FJ Labs, VentureSouq |
Haball built a unified platform to automate the entire B2B transaction lifecycle, from order processing to invoicing and payments. They focus on digitizing supply chain payments, connecting distributors, retailers, and corporations for seamless financial settlements.
| Year Founded | 2017 |
| Founders | Omer Bin Ahsan |
| Funding Amount | $52M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Debt Financing |
| Top Investors | Zayn Venture Capital (Formally Zayn Capital), Meezan Bank, Majlis Advisory SPV |
Truck It In has built a technology platform to simplify road freight for businesses throughout Pakistan. The company connects shippers with a reliable network of truckers to streamline the country's complex logistics market.
| Year Founded | 2020 |
| Founders | Haider Navid, Muhammad Sarmad Farooq, Raza Afzal |
| Funding Amount | $17.5M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Seed |
| Top Investors | ADB Ventures, Picus Capital, Global Founders Capital, Zayn Venture Capital (Formally Zayn Capital), i2i Ventures |
Qist Bazaar operates an online marketplace that sells everything from mobile phones to groceries on a low monthly installment plan. This model provides a flexible payment solution, allowing customers to acquire a wide range of products without paying the full price upfront.
| Year Founded | 2021 |
| Founders | — |
| Funding Amount | $6.8M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Debt Financing |
| Top Investors | Gobi Partners, Indus Valley Capital, Bank Alfalah |