Tag: 10m

PPAF to launch euros 10m energy project in KPK

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article image STAFF REPORT IBD: The Pakistan Poverty Alleviation Fund (PPAF) has announced the launch of Euro 10 million multi-technology renewable energy project focusing on deprived and marginalised communities in 10 districts of Khyber Pakhtunkhwa province including Chitral, Upper Dir, Lower Dir, Swat, Buner, Swabi, Karak, Bannu, Hangu and Lakki Marwat. The project, funded by Germany, is planned to be implemented through six well-reputed PPAF partner organisations, who will be working in close…Read More

Pak blog gets acquired for Rs. 10m

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article image STAFF REPORT IBD: Gagism.com, a blog co-founded by Farrukh Zafar and Salman Saeed, has recently been acquired by an Australian firm at a whooping Rs. 10 million valuation.Farrukh Zafar, who left his remunerative job at LG Pakistan to dedicate his efforts for Gagism, said that the idea of selling Gagism hit him when blog traffic dipped down to 400,000 page views per day, while it had been serving a million hits per day in the past.Soon enough, Farrukh said, the blog was put up on an online…Read More

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