Pakistani startups raised around PKR 1,044 crore ($36.6 million) in equity funding during 2025, signaling a modest recovery compared to the previous year, according to data from Data Darbar. Although funding activity remained well below the peak years of the ecosystem, the total reflects growing investor interest in promising startups across key sectors.
The funding came through 14 deals, with larger individual deal sizes driving overall growth. Fintech startups led the way, both in terms of deal count and total funding received, followed closely by healthtech ventures. Analysts suggest that these sectors continue to attract investors due to their scalability, digital adoption, and potential to address large market gaps in Pakistan.
An encouraging development was the performance of female-led startups, which secured nearly a quarter of the total disclosed funding. This highlights increasing recognition of women entrepreneurs and their contribution to the ecosystem, even as overall investment volumes remain below historical highs.
Despite slower momentum compared to past years, industry experts point to alternative financing models, such as revenue-based funding and angel networks, as key drivers of resilience in the startup ecosystem. In addition, ongoing sector consolidation and strategic partnerships are helping companies stabilize and attract more substantial investment.
The report indicates that while Pakistan’s startup funding is still in a rebuilding phase, there are clear signs of gradual stability. Investors and founders are optimistic that with continued focus on fintech, healthtech, and inclusive entrepreneurship, the ecosystem can sustain growth and regain the momentum seen in earlier years.
