Tech Company Financing Transactions
Dastgyr Funding Round
Dastgyr closed a $15 million Series A investment round on 6/14/2022. Backers included VEON Ventures, Astir Ventures and Cedar Mundi Ventures.
Transaction Overview
Company Name
Announced On
6/14/2022
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Proceeds Purpose
The company will remain an independent entity, with a minority position being taken by VEON Ventures. The new investment round will support Dastgyr's expansion into 15 new cities in Pakistan, alongside its existing network in Karachi, Lahore, Sialkot and Gujranwala.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
khayaban-e-Jami (601.94 km)
Karachi, Sindh, 75500
Pakistan
Karachi, Sindh, 75500
Pakistan
Phone
Website
Email Address
Overview
Dastgyr is a B2B marketplace app that connects retailers directly to sellers, in an attempt to fix the fragmented supply chain. We are on a mission to connect over 2 million underserved retailers across Pakistan directly to manufacturers, distributors, and wholesalers through an app-based marketplace in an attempt to disrupt the currently fragmented supply chain.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Zohaib Ali
Co-Founder
Muhammad Qureshi
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