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Calling it an ‘impressive’ development, Commerce Adviser Abdul Razak Dawood asked the country’s youth to come forward and capitalise on the growing opportunity. APP/File KARACHI: What is seen as a breakthrough for the country’s emerging digitising industry and growing potential of e-commerce markets, a less than one-year-old business startup has raised a $6.5 million pool of investment in one of the largest seed rounds in the region, a top official announced on Tuesday. The announcement came from Commerce Adviser Abdul Razak Dawood, who took to social media platform to share the major success of two young entrepreneurs who founded the company just eight months ago. ....
streetAsia s premium subscription service Unlock your competitive advantage in a rapidly evolving landscape. Our packages come with exclusive access to archive content, data, discount on summit tickets & more. Be a part of our growing community now. SUBSCRIBE NOW Singapore Reporter/s In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We ....
Bazaar, a Pakistan-based B2B e-commerce startup, has raised $6.5 million in one of the region’s largest seed rounds, reported MENAbytes. The seed funding ....
Sehrish KayaniLast Updated: Jan 19, 2021 In one of the biggest seed rounds in the Middle East and North Africa region (MENA), the Pakistan B2B marketplace, Bazaar, raised $6.5 million. Bazaar is one of Pakistan’s best-funded startups, with its overall raise of $7.8 million. This is the Global Founders Capital’s first investment in Pakistan, which is co-leaded by the Berlin-based Global Founder Capital and the Pakistanis-based VC Indus Valley Capital. According to MENAbytes info, this seed round was the second-largest startup ever in the MENA region and the largest in Pakistan. It should also be noted that Bazaar has a variety of leading global and regional institutional and angel investors in addition to its leading investors. ....