Carmudi.pk, Pakistan’s leading vehicle marketplace, was awarded one of the top 100 startups in Pakistan at the first ‘All Pakistan Startup Expo and Awards 2015’ that took place in Islamabad on the May 9th 2015. In addition to being a top startup winner, Carmudi was shortlisted for three award categories: Best Startup of the Year, Best Technopreneur of the Year, and Service Business of the Year Venture Funded Business of the Year.
Recognizing the annual achievements of startups in Pakistan, Startup Expo selected Carmudi as one of the best startups in Pakistan by taking into account their uniqueness of idea, business model, originality, evidence of success, clientele, cash flows, social impact, sustainability and partnerships.
Carmudi displayed its services to 5000 + visitors at one the biggest festival of startups and entrepreneurs in Pakistan and interacted with seasoned entrepreneurs and industry mentors. The General Secretary of Pakistan Tehreek-e-Insaf (PTI) Jahangir Tareen inaugurated the expo as the chief guest of first session while Petroleum Minister Shahid Khaqan Abbasi was the chief guest of second session.
Speaking about Carmudi’s participation at the Startup Expo, MD of Carmudi Pakistan, Raja Murad Khan said, “It is a great honor for the Carmudi team to have not only be selected as one of the 100 best startups in Pakistan, but also be shortlisted for three awards. We are committed in maintaining Carmudi as the best online car dealer in Pakistan.”
Recently dubbed ‘the next big thing’ in Asia with restored investor confidence, favorable conditions for private sector growth and a plethora of talented engineers, the country’s burgeoning startup community is emerging as the world’s next tech hotspot. Since 2012 there has been a massive shift in the Pakistani startup scene. Lahore, Karachi, and Islamabad – the three major cities – have become home for many new startups in Pakistan. With strong support from the government, Lahore has potential to be one of the most innovative startup hubs in the world. With a vibrant middle class is rising in Pakistan, home to more than 180M people, of which 60% are aged between 15 and 45. With just under 18M internet users, 15 million mobile users and the recent deployment of 3G networks across the country, internet usage and smartphone penetration is set to surge, supporting the growth of startups in Pakistan.
Carmudi is one of the leading online vehicle platforms in Pakistan offering private customers, car dealers and other partners a car trading platform that helps them sell and find cars, motorcycles or commercial vehicles in an easy and effective manner. The portal contains a wide range of car models including but not limited to brands like Honda, Toyota, Suzuki, Daihatsu, Mitsubishi and more dealing with both brand new and used cars.
