Pakistani startups raised a mere $196,000 across one publicly disclosed deal in the first quarter of 2025, with three funding deals signed up, involving Chrio, BusCaro, and Qist Bazaar, according to a report issued by Invest2Innovate.
Bank Alfalah Limited, which invested in Qist Bazaar, disclosed that it is investing Rs. 55 million (~$196,000) as part of a larger Series A funding round. Investor sentiment remained subdued throughout most of Q1 2025 as Pakistan grappled with securing the International Monetary Fund’s (IMF) approval for the second tranche of $1 billion under the Extended Fund Facility (EFF) of $7 billion.
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