New Delhi: B2B Marketplace Bazaar Pakistan is reported to be the latest to secure Mega Round in the South Asian market.
According to a report in Tech Crunch, a one-year-old startup has collected $ 30 million in a series.
The new financing round is said to be the largest A series in Pakistan.
Who led the funds in Bazaaras per report, the new financing round was led by the initial venture capitalist based in the Silicon Valley against Singapore-based Wavemaker partners and partners.
Other investors participating in the round were reported to include leaders of horns, rubber, endeavor, gum, LinkedIn and the current ideas and ex.
This list also has new investors Achew Capital, the capital of Japanese saison, the capital of Zayn UAE and B & Y business partners and investors with Industry Valley Capital, global founder capital, and global change.
What is Bazaar Intbagazaar built a business-to-business market for traders in Pakistan and helped them digitize their books.
Because compared to Indian Khatabook and Khatabook, Hamza Jawaid, the Bazaar Co-Founder to Tech Crunch in an interview, “it’s a good way to describe us.” He further added, “We have the benefits of not only seeing India but other developing country markets.” “We see a lot of synergy between the two.
If you see trade, you must get every trader in each different category.
Whereas with Khata, traders in each city and categories can be downloaded.
So, this is a great customer.
Acquisition tool for you, “He told Tech Crunch for WhatsApp calls.
Earlier this month, another one-year-old startup in this country, Airlift, collected $ 85 million.
Airlifts reportedly operated trading services in eight cities, including Lahore, Karachi and Islamabad in Pakistan.