Connect with us

Business

Standard Chartered Foundation, Village Capital expand women in tech accelerator to eighth cohort

Published

on

LAHORE – Standard Chartered, in collaboration with Village Capital and InnoVentures Global, announced the launch of the eighth Women in Tech Pakistan Accelerator cohort today, celebrating eight years of supporting women-led, tech-enabled businesses nationwide.

Since its launch in Pakistan, the programme has supported more than 1,300 enterprises, with over 150 women founders graduating and more than 50 ventures securing seed funding.

The 2026 cohort will equip founders with investment readiness training, catalytic funding, and access to world-class networks, helping them strengthen their businesses and position for growth. In Pakistan, the accelerator will be delivered by InnoVentures Global, leveraging its proven expertise in entrepreneur support and ecosystem development.

Rehan Shaikh, Chief Executive Officer & Head of Coverage, Pakistan, Standard Chartered, said: “Our eighth cohort underscores our consistent commitment to empowering women entrepreneurs in Pakistan and reflects the steady growth of the ecosystem over time. While access to funding and networks remains a challenge, expanding opportunities for women-led businesses is essential to building a stronger entrepreneurial landscape.”

He added: “Our focus is to equip founders with the tools, capital access, and structured support they need to scale sustainably. By strengthening the pipeline of women-led businesses, we aim to foster innovation, create jobs, and drive meaningful economic impact.”

Nakami Walunywa, Regional Director, Africa and Middle East at Village Capital said: “In 2025, 71 women-led startups in the programme grew their businesses and collectively generated over USD 2 million in additional revenue. This demonstrates that when founders have access to structured, locally embedded support and catalytic funding, they can strengthen their strategies, engage investors confidently, and unlock sustainable impact. In 2026, we’re continuing to create the conditions for even more women-led startups to thrive and positively impact their communities.”

The three-year initiative continues to address key barriers facing women entrepreneurs, particularly in accessing finance, networks, and business development resources. Through the accelerator, 400 women founders across the region are expected to benefit from structured support to help them develop and grow their ventures.

Nida Athar, Founder of InnoVentures Global Private Limited, said: “Our continued work through the Women in Tech Accelerator reflects a long-term commitment to supporting women entrepreneurs across Pakistan. In a time of ongoing uncertainty, these founders are not only demonstrating resilience but are building credible, growth-oriented businesses that contribute meaningfully to the economy. Their journeys are helping shape a pipeline of strong role models for future generations of women in entrepreneurship. As we begin the next cycle, we look forward to continuing this work and supporting a new wave of women entrepreneurs stepping forward to build.”

Applications for the Pakistan cohort are open until 1 May 2026, with selected participants joining the programme between June and October.
The Standard Chartered Women in Tech Accelerator builds on the successful global track record, which has supported over 4,000 women across 17 markets since inception. This year, the program has allocated more than USD 600,000 in grant funding to entrepreneurs across 12 markets, including Pakistan, Saudi Arabia, the UAE, South Africa, and Nigeria.
Full details and availability criteria can be found here: Women In Tech – Standard Chartered Pakistan.

Gold

Today’s gold rates in Pakistan – June 21, 2026

Published

on

KARACHI – On June 21, 2026, gold prices in Pakistan increased, following the upward trend in international markets.

According to the Saraffa Association, the price of 24-karat gold per tola increased to Rs 445,500 after a rise of Rs 500, while the rate for 10 grams was Rs 381,950.

 

Today’s Gold and Silver Rates in Major Cities
City Gold Rate Silver Rate
Karachi PKR 445,500 PKR 3,830
Lahore PKR 445,550 PKR 3,830
Islamabad PKR 445,600 PKR 3,830
Peshawar PKR 445,650 PKR 3,830
Quetta PKR 445,700 PKR 3,830
Sialkot PKR 445,500 PKR 3,830
Hyderabad PKR 445,500 PKR 3,830
Faisalabad PKR 445,500 PKR 3,830
Multan PKR 445,500 PKR 3,830

Note: It is pertinent to mention here that Upfront News in no way claims these rates to be accurate at all times, as the prices can continuously vary.

Continue Reading

Forex

Today’s currency exchange rates – June 21, 2026

Published

on

KARACHI – Foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, Euro, and other currencies in Pakistan open market on June 21, 2026. The US Dollar’s buying rate stands at Rs 279, and the selling rate at Rs 279.3.

Several other currencies, which include the Australian Dollar (AUD), Canadian Dollar (CAD), Chinese Yuan (CNY), Danish Krone (DKK), Japanese Yen (JPY), Kuwaiti Dinar (KWD), Malaysian Ringgit (MYR), New Zealand Dollar (NZD), and Swiss Franc (CHF), showed no significant change in their rates compared to the previous update.

Currency Symbol Buying Selling Charts
Australian Dollar AUD 192.9 196.75 📊
Bahrain Dinar BHD 737.16 747.75 📊
Canadian Dollar CAD 195.71 200.25 📊
China Yuan CNY 38.1 38.85 📊
Danish Krone DKK 43.35 43.75 📊
Euro EUR 318.12 322.17 📊
Hong Kong Dollar HKD 35.06 36.04 📊
Indian Rupee INR 2.75 3.05 📊
Japanese Yen JPY 1.71 1.81 📊
Kuwaiti Dinar KWD 884.6 894.85 📊
Malaysian Ringgit MYR 67 67.85 📊
NewZealand $ NZD 157.64 161.65 📊
Norwegians Krone NOK 27.97 28.27 📊
Omani Riyal OMR 722 732.25 📊
Qatari Riyal QAR 75.04 75.95 📊
Saudi Riyal SAR 74.25 75 📊
Singapore Dollar SGD 213.9 217.64 📊
Swedish Korona SEK 30.25 30.55 📊
Swiss Franc CHF 342.45 346.2 📊
Thai Bhat THB 8.5 8.75 📊
U.A.E Dirham AED 75.95 76.75 📊
UK Pound Sterling GBP 371.49 375.25 📊
US Dollar USD 279 279.3 📊

Continue Reading

Gold

Today’s gold rates in Pakistan – June 20, 2026

Published

on

KARACHI – On June 20, 2026, gold prices in Pakistan decreased, following the downward trend in international markets.

According to the Saraffa Association, the price of 24-karat gold per tola decreased to Rs 444,500 after a fall of Rs 5300, while the rate for 10 grams was Rs 381,090.

 

Today’s Gold and Silver Rates in Major Cities
City Gold Rate Silver Rate
Karachi PKR 444,500 PKR 3,830
Lahore PKR 444,550 PKR 3,830
Islamabad PKR 444,600 PKR 3,830
Peshawar PKR 444,650 PKR 3,830
Quetta PKR 444,700 PKR 3,830
Sialkot PKR 444,500 PKR 3,830
Hyderabad PKR 444,500 PKR 3,830
Faisalabad PKR 444,500 PKR 3,830
Multan PKR 444,500 PKR 3,830

Note: It is pertinent to mention here that Upfront News in no way claims these rates to be accurate at all times, as the prices can continuously vary.

Continue Reading

Trending

Copyright © 2026