DealCart and NayaPay, two Pakistani firms, have been featured on Forbes’ ‘Asia 100 to Watch 2024’ list, demonstrating the expanding IT sector in the nation. Due to the Special Investment Facilitation Council’s (SIFC) efforts to support Pakistan’s startup scene, this recognition has been granted.
DealCart has raised $5 million in pre-seed funding with the goal of easing financial restraints for Pakistani consumers in the low- to middle-income range amidst escalating food prices. Through online sales, small grocery stores can increase their consumer base while also enabling users to acquire fresh produce, detergents, and other necessities. DealCart received an additional $3 million in seed funding in July from Shorooq Partners in Abu Dhabi and Sturgeon Capital in London.The goal of NayaPay is to digitalize business-to-consumer transactions.
