Strategy Note /
Pakistan

What Pakistan’s biggest start-up failure means for the country’s tech ecosystem

  • Airlift, one of Pakistan’s best-funded start-ups, announced a complete shutdown of its operations earlier this week

  • The company’s high cash burn and weak path to profitability made it vulnerable to the global VC funding crunch

  • Airlift’s demise indicates that only the most sustainable businesses are likely to survive the macro downturn

What Pakistan’s biggest start-up failure means for the country’s tech ecosystem
Rohit Kumar
Rohit Kumar

Global Financials/Thematics

Contributors
Rabail Adwani
Rahul Shah
Tellimer Research
14 July 2022
Published byTellimer Research

Watchlist

Tellimer | Start Following

Start following your markets today

Follow your key analysts, markets and more so they appear here in your Watchlist - allowing you to keep an eye on the latest updates.