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Mon, December 23, 2024
Pakistan
Business Now

Pakistani Startups’ NayaPay, DealCart Featured in Forbes ‘Asia 100 to Watch 2024’ List

Source: NayaPay/DealCart

Pakistani startups DealCart and NayaPay have earned spots on Forbes’ prestigious “Asia 100 to Watch 2024” list, highlighting their significant contributions to the country’s digital economy.

DealCart, based in Karachi, operates an online grocery platform targeting Pakistan’s expanding middle class. The startup, which raised $4.5 million in pre-seed funding, allows customers to order a range of products, including fresh produce and household items.

DealCart also empowers small grocery stores by enabling them to reach a broader customer base through its platform.

Meanwhile, fintech startup NayaPay offers a comprehensive payment processing platform aimed at digitizing transactions between consumers and businesses.

The company’s app includes an e-wallet, virtual debit card, and online payment options, alongside point-of-sale devices for businesses. NayaPay raised $13 million in 2022 in one of the largest seed rounds in South Asia.

Also read: Bata Pakistan Reports Rs. 256.5 Million Profit for Second Quarter of 2024

Both startups’ inclusion in the Forbes list underscores Pakistan’s growing influence in the global tech and business landscape. NayaPay expressed excitement over the recognition, calling it an honor to be named among the region’s top innovators.

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