After the first two successful seasons of Idea Croron Ka, the third season also turned out to be equally, if not more, popular. It provided a brilliant end to year 2018 as the final episode aired on 30th December in which an astounding amount of Rs. 170 millions of investment was announced.
Idea Croron ka is Pakistan’s first Business reality show, one of its kinds. The idea behind the production of such a show is to bridge the gap between investors and entrepreneurs. It’s to invite new startups to come forward and interact with business tycoons and investors who can help them scale their entrepreneurship. The show also features segments focusing on prominent figures that have had similar business journeys in order to inspire budding entrepreneurs.
In Season 3, 17 startups raised funding out of which 9 are women entrepreneurs. Facebook and USAID Small and Medium Enterprise Activity were major partners for this season. In addition to that, this season got Sprite on board as the first sponsors of Pakistan’s premier business reality show.
Following is the gist of the startups present and the funding they received:
- Lahore New Media Network– Lahore New Media Labs owns and maintains EasyTickets, which is Pakistan’s leading online marketplace for entertainment and hospitality bookings including Cinemas, Buses and Events.
Founder: Muhammad Imran
Funding: Rs. 26 lacs
Grant Body: USAID SMEA
- Transconomy– The purpose of Transconomy is to serve the logistics and transportation industry by providing ICT solutions for supply chain management processes at ports and end-to-end visibility across an entire supply chain cycle.
Founder: Amer Zafar Durrani
Funding: Rs. 26 lacs
Grant Body: USAID SMEA
- Sheops– Pakistan’s first women’s marketplace, facilitating women entrepreneurs and women-oriented businesses to start and scale their business leveraging technology.
Founder: Nadia Patel Gangjee
Funding: $20000
Grant Body: Facebook
- BatteryLala– BatteryLala is the first of its kind to bring the battery purchase to a click with free same day delivery, cheaper prices, free professional installation, free after sale services.
Founder: Qamar Abbas
Funding: Rs. 40 million
Investor: Shahida Saleem, Founder Impact Network and Naeem Zamindar, Founder Zamindar Capital, sweat equity by Badar Khushnood
- Marham– a community created with an aim to provide quick medical help to the patients in terms of right doctor identification, sharing quick access points of the doctors and other such problems. The community has 100K+ members.
Founder: Asma Omer
Funding: $ 20000
Grant Body: Facebook
- JF Labs– Provide Agricultural Drone Services.
Funding; Rs. 30 lacs
Investor: Shahida Saleem, Founder Impact Network
- Karachi Schools’ Guide– a community that provides a unified platform to bridge the gap between parents, teachers, educators and students.
Founders: Binish Umair, Ishroon Nazish
Funding: $20000
Grant Body: Facebook
- Special Needs Pakistan– a platform and a resource network for parents, siblings, families and friends of all those who need extra love, attention or care. The group has 6K+ members.
Founder: Rabia Aziz Rzivi
Funding: $20000
Grant Body: Facebook
- Le Pur Organics– Le Pur Organics is 100% natural Organic Skincare product selling company.
Founder: Rukhsana Ibad
Funding: Rs. 30 million
Investor: Munawar Abadullah, Founder Imptrax
- Sustainable Living Environment– It is a startup that’s working on integrated waste management system.
Founder: Syed Hasham Nasir
Funding: Rs. 14 lacs
Grant Body: KP Impact Challenge Fund
- Soul Sisters Pakistan– a community formed with the intention to provide an online support system for every Pakistani woman, regardless of where she lives.
Founder: Kanwal Ahmed
Funding: $ 20000
Grant Body: Facebook
- HARIS – Human Aid Robotics and Intelligent System. HARIS has a vision of Research & Development for Industrial Sector in order to provide low cost Electro-Mechanical machines where required and reducing the import cost and expensive imported machinery.
Founder: Muhammad Waqas Yusufi
Funding: Rs. 50 million
Investor: Munawar Abadullah, Founder Imptrax
- Daffodils Day Care & Montessori– This is a day care center set up for mothers who want to work but have nowhere to leave their kids at.
Founder: Gulmeena Khan
Funding: Rs. 9 lacs
Grant Body: KP Impact Challenge Fund
- Dervish – The Food Souq. It is a food incubator.
Founder: Fareed Zaheer
Funding: Rs. 20 million
Investor: Naeem Zamindar, Founder Zamindar Capital
- Edkasa– Edkasa Private Limited is a woman-led, ICT-driven educational tutorial services business.
Founder: Annum Sadiq
Funding: Rs. 26 lacs
Grant Body: USAID SMEA
- Downtown Bistro– Down Town Bistro is a retro thematic restaurant located in Peshawar.
Founder: Saad
Funding: Rs. 26 lacs
Grant Body: USAID SMEA
- Karachi Chefs at Home– a female-only Facebook group where members share a love for food and cooking.
Founder: Saba Mohsin Shaikh
Funding: $20000
Grant Body: Facebook