This year’s challenge targeted businesses that had an operational history of 03 years and needed investment to scale their running business. Women-led businesses operating in any sector from anywhere in Pakistan were eligible to apply. ~245 applications were received, of which 19 were selected to receive business advisory services and an opportunity to pitch to a panel of Karandaaz judges to get funding.
19 businesses received business advisory in the following areas: Investment pitching, Corporate Registration, Taxation, Finance for Non-Finance, Strategy and Performance Management, Website Design and Digital Marketing. In December 2018, these businesses pitched to a panel of judges for investment. Karandaaz has signed investment contracts with 8 businesses for total funding of PKR 171 million.
New Age Flour and General Mills started operations in 1990. It is currently owned and run by a mother daughter duo and is located in Peshawar. They hope to one day become one of the leading flour mills in the country.
Web Work Solution is a leading e-commerce solutions provider in the local market, and is paving the path for becoming a competitive global player in the web-development space.
M-Tex is a partner of choice for top clothing retail brands who are looking to meet their embroidery needs in the local textile industry. Ever since entering the market in 2014, M-Tex strives to provide customers superior quality and customer service, while ensuring timely delivery- which is a major competitive factor.
Lel designs and manufactures high quality furniture, using semi-precious stones and marble. The mother daughter duo hopes to preserve and evolve the art of handcrafted stone inlay, while giving employment opportunities to local Afghan artisans displaced by conflict.
Noha Global is the only facility management service provider in Pakistan registered with the International Facility Management Association. Since their inception in 2010, they provide fully integrated waste management, HR outsourcing and procurement services.
Saira Rizwan is a high-end clothing designer and manufacturer of Pret, formal and Bridal wear for women.
Clayworks is Pakistan’s leading manufacturer of ceramic tableware, decorative items, tiles, and accessories.