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Pakistan’s shrinking tech landscape: global companies exit amidst capital crunch
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Pakistan’s shrinking tech landscape: global companies exit amidst capital crunch
Pakistan’s once-promising tech startup ecosystem is in crisis. Once poised to be the next emerging-market for digital innovation, the country is now facing high-profile exits. July will witness the closures of giants such as Careem, which will wrap up its ride-hailing operations in the country by July 18. Meanwhile, several high-profile startups have shuttered operations in the past 18 months, including: Airlift (Raised $85M, shut down 2022) S…
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