Karandaaz has signed investment agreements with seven women-led businesses under its Women Entrepreneurship Challenge to help these small and medium enterprises. These include New Age Flour and General Mills, Web Work Solution, M-Tex, Lel, Noha Global, Kamal Impex and Saira Rizwan. This second round of the challenge provided business advisory support to 19 women-led businesses from across the country. Out of those, seven businesses were selected after a competitive process to receive the investment.