Deals up by 13% in H1 2020 according to MAGNiTT’s first venture report on Pakistan, showing a market with the potential to become the next big South Asian tech market.

 

As MAGNiTT builds the first venture data platform for emerging markets, we are excited to launch the first venture funding report on Pakistan. This venture report deep-dives into the first six months of 2020, highlighting key trends in the Pakistani venture capital and startup ecosystem. The number of deals and amount of funding ($) invested are both up in H1 2020 in Pakistan.

Want to access the full H1 2020 Pakistan Venture Investment Report? Discover more by purchasing our full 40+ page data-driven report, including country comparisons and industry trends!

We’re seeing increasing investor appetite: Pakistani startups saw ($10M) invested in H1 2020, a 9% drop in total funding from H1 2019. Despite the impact of COVID-19, the overall number of deals increased by 13% to 17 deals from H1 2019.

The ecosystem is evolving and maturing: 76% of all investments in H1 2020 came from international investors. Furthermore, the average ticket size of disclosed deals was ($0.6M), down 14% compared to H1 2019.

Looking at Pakistan’s entrepreneurship ecosystem in context. When we compare the amount of funding raised ($) to MENA countries in H1 2020, Pakistan ranks joint 4th with Jordan, after the UAE, Egypt, and Saudi Arabia with ($10M).

 

The Pakistan Venture Funding Snapshot includes an overview and analysis of: 

- Pakistan’s yearly funding evolution, from 2015 onwards 

- Quarterly funding evolution & analysis

- Emerging markets comparison & Pakistan’s ecosystem in context

- Industry breakdown by number of deals and amount of funding ($) invested

- H1 2020’s top 5 funding rounds 

- Top funding institutions, most active investors, and investor landscape overview