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Pakistan’s Airlift secures record funding by global investors

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Pakistan's Airlift secures record funding by global investors


Airlift Applied sciences, a pioneer within the current wave of expertise companies, was began in Pakistan, constructed by native entrepreneurs and for native populations.

Airlift has secured $85 Million Collection B financing led by a number of the most iconic investors on the globe. The financing is about twice the scale of the most important non-public firm IPO in Pakistan’s historical past and the very best within the MENA area, bringing quite a lot of implications for the nation:

Airlift has set a brand new precedent that can carry world-class investors to put money into Pakistan. It is going to garner confidence that nice expertise and shopper merchandise will be in-built Pakistan, and that this area of the world has a number of the finest abilities. Airlift Specific alone with its sequence B funding of $85 Million has added 5% to Pakistan’s FDI for the Fiscal yr 2021. This financing spherical lays the foundations of a brand new chapter in Pakistan the place expertise startups alone can contribute to greater than 10% of FDI within the upcoming years.

The crew at Airlift is on a mission to allow self-empowerment within the area by lowering particular person dependency on others by protected, dependable, and reasonably priced logistics options.

Airlift is constructing a platform for shoppers, drivers, and small enterprise house owners to maneuver shopper items. With an agile provide chain, Airlift is finest positioned to succeed and ultimately create 1000’s of jobs inside Pakistan. Airlift is on a mission to create 200,000 jobs in Pakistan throughout the subsequent 5 years.

Pakistan’s various expertise base places Pakistan on the global map — The crew at Airlift is a real illustration of the potential that resides throughout the nation. The crew is an embodiment of relentlessness, hustle, and excessive possession, which has constructed one among Pakistan’s largest expertise corporations. This financing places Pakistan on the global roadmap for expertise entrepreneurship.

With the Collection B financing, Airlift as we speak, as a Pakistani-born startup is dedicated greater than ever to revolutionize the retail trade by leveraging expertise, and empower hundreds of thousands of individuals!

 





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