Prime Minister Imran Khan on Friday welcomed the $85 million investment through Series B financing — the largest single private funding round in Pakistan’s history — in Airlift, a Lahore-based online shopping delivery service.
Series B financing is the second round of funding for a company that has met certain milestones and is past the initial startup stage.
“We welcome the recent investment of $85m by leading VCs (venture capitalists) of the world in Airlift, a company led by young Pakistanis,” he tweeted.
The premier said Pakistan had “huge potential” and was open for business, adding that the PTI government was “fully committed” to creating further opportunities.
