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Pakistani Startups Secure Funding on Season 14 of Investor Show

  • November 19, 2024
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Pakistani Startups Secure Funding on Season 14 of Investor Show

Five Pakistani startups secured funding on season 14 of the popular investor show, with established businesses in sports, food, healthcare, and natural products attracting the most interest.

Revenue-Generating Businesses Dominate

All five funded startups were at the revenue-generating stage, demonstrating traction and market validation. Knock Sports, led by Mawaz Taimia, secured the largest investment of PKR 7.5 million for a 30% equity stake with a 10% royalty agreement. The nature of the investment from the show’s sharks (investors) – Romana, Rabeel, and Usman – suggests the sports brand has strong potential for growth.

Pink Salt, led by Wahab Ahmed Mubeen, followed closely with PKR 8 million raised for a 20% equity stake and a 10% royalty agreement. The show’s judges Faisal, Rabeel, and Usman were impressed with the food company’s performance.

Kangaroo Care AI, a baby healthcare company founded by Muhammad Laiq and ASAD ASLAM, secured PKR 3 crore (30 million) for a 25% equity stake. The involvement of additional judges Junaid and Faisal in the investment highlights the promising future of the technology-driven healthcare solution.

Arshad Khan Chaiwala, a food and beverage brand, received PKR 1 crore (10 million) for a 24% equity stake. Investor Romana and Rabeel participated in the deal, demonstrating their confidence in the brand’s potential.

Rounding out the funded companies was Aashi Herbs, a natural hair care brand led by Hira Lashari. The company secured PKR 2 million for a 10% equity stake from investor Faisal Aftab.

High Stakes for Pre-Revenue Startups

The show also featured several promising pre-revenue startups seeking funding. Aero Engine Craft, led by Dr. SARAH QURESHI, aimed for a significant PKR 250 million investment for a 5% equity stake, highlighting the ambitious nature of the aerospace venture.

PillBox PK, a health and medicine company founded by Adeel Ahmed and Ghulam Mustafa, sought PKR 1 crore (10 million) for a 2% equity stake. Gum & Gums, a pre-revenue dentistry venture led by Hassan Kashif, aimed for PKR 7 million with a 10% equity stake.

Two revenue-generating startups also pitched on the show. Trash It, an agriculture and corporate gifting company founded by Anosha and Rahul, sought PKR 4.5 crore (45 million) for a 7.5% equity stake. Zee .Sy Jewellery, a fashion brand led by Muhammad Zeeshan, requested PKR 5 crore (50 million) for a 12.5% equity stake.

Season 14 of the investor show showcased the diverse landscape of Pakistani startups, with established businesses securing significant funding and pre-revenue ventures demonstrating innovative ideas. The show’s platform continues to be a valuable resource for entrepreneurs seeking investment and exposure for their ventures.

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