Pakistani B2B startup Dastgyr raises $37m in country's largest Series A round
The round has been led by Veon Ventures with the participation of other investors.
Stay updated with breaking news from Reflect Ventures. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The round has been led by Veon Ventures with the participation of other investors.
The deal expands VEON’s investment in Pakistan’s digital economy at a time when tech startups are facing rising inflation and a global recession.
The round was led by VEON Venture — the corporate venture arm of Jazz Pakistan’s parent company — with a contribution of $15m.
FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!
RIYADH: Pakistani health-tech platform MEDZnMORE has raised $11.5 million in Pre-Series A funding. MEDZnMORE aims to utilize this funding to expand its team, MAGNiTT reported. Investors included Integra Partners, Nunc Gestion, Sturgeon Capital, and Alta Semper. Other investors in the Karachi-based company, which was founded in late 2020, include AlTouq Group, ACE & Company,