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Pakistani Startups Make Forbes’ Most Innovative Companies List

  • August 27, 2024
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Pakistan’s tech scene is gaining global recognition as DealCart and NayaPay have been honored by Forbes as among the world’s most innovative companies in 2024. These startups are pioneering innovative solutions in their respective industries, contributing significantly to the growth of Pakistan’s digital economy.

NayaPay, Karachi-based fintech startup, is transforming the payment landscape in Pakistan. The company’s comprehensive platform includes an e-wallet, virtual debit card, online payments, and point-of-sale devices for businesses. NayaPay has raised an impressive $13 million in funding, underscoring its potential to disrupt the financial services industry.

DealCart, an online grocery platform, has revolutionized the way consumers shop for fresh produce and household essentials. By offering a convenient and affordable online shopping experience, DealCart has garnered substantial traction and secured $7.5 million in funding.

The inclusion of DealCart and NayaPay on Forbes’ prestigious list is a testament to their groundbreaking innovations and their potential to drive economic growth. These startups are not only meeting the needs of Pakistan’s growing middle class but also paving the way for future generations of entrepreneurs.

As Pakistan’s digital economy continues to expand, it is encouraging to see homegrown startups gaining international recognition. DealCart and NayaPay serve as inspiring examples of the innovation and entrepreneurial spirit that is thriving in the country.

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Launched in 1967 internationally, ComputerWorld is the oldest tech magazine/media property in the world. In Pakistan, ComputerWorld was launched in 1995. Initially providing news to IT executives only, once CIO Pakistan, its sister brand from the same family, was launched and took over the enterprise reporting domain in Pakistan, CWPK has emerged as a holistic technology media platform reporting everything tech in the country. It remains the oldest continuous IT publishing brand in the country and in 2025 is set to turn 30 years old, which will be its biggest benchmark and a legacy it hopes to continue for years to come. CWPK is part of the SPIN/IDG Wakhan media umbrella.
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