KARACHI: Bazaar, a Karachi based B2B ecommerce and fintech startup, has raised $70 million in a Series B round led by Dragoneer Investment Group and Tiger Global, a statement said. The round that came just six months after Bazaar’s $30 million Series A was also joined by existing investors, including Indus Valley Capital, Defy.vc, Acrew … Read more
KARACHI: NayaPay, a Pakistan-based fintech platform, has raised $13 million in one of the largest seed rounds in South Asia, a statement said. The round was led by Zayn Capital, global fund manager MSA Novo and early-stage VC Graph Ventures from Silicon Valley, bringing together a diverse mix of leading global institutional and angel investors. … Read more
BEIJING: With the two e-commerce companies recently obtaining large amounts of financing, Pakistan’s startups have raised more than $300 million this year, higher than the sum of the past six years. It is reported that Bookme, Pakistan’s leading online ticket booking platform, and Bagallery, a Karachi-based beauty and fashion e-commerce startup, recently announced the collection … Read more
KARACHI: PostEx, a provider of courier and financing to e-commerce companies, completed one of the country’s largest early-stage funding to help with its expansion plans, Bloomberg reported on Monday. The Lahore-based startup raised $8.6 million through multiple tranches in its seed funding, according to its founder Muhammad Omer Khan. The latest tranche was led by Global Founders … Read more
