Amid challenging economic conditions, Pakistan’s startups DealCart and NayaPay have earned spots on the prestigious Forbes ‘Asia 100 to Watch 2024’ list.
This list showcases the region’s most promising startups across various sectors, including finance and retail. This year’s list featured businesses from 16 different nations and territories, functioning in ten different categories, including manufacturing and energy, robotics and enterprise technology, and banking.
DealCart, headquartered in Karachi, operates an online grocery platform aimed at the country’s growing middle-class consumers. Also based in Karachi, NayaPay is a fintech startup offering a range of digital payment solutions, such as an e-wallet, virtual debit cards, and point-of-sale devices for businesses.
Danish A. Lakhani, CEO and founder of NayaPay, expressed pride in being recognized by Forbes.
He said, “This recognition underscores our efforts to simplify financial services in Pakistan and drive digital adoption across the country. We’re excited to continue our journey toward becoming the financial management platform of choice for Pakistani consumers and businesses.”