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‘Pakistan is open for business’: PM Imran lauds Airlift achievement of securing $85m financing

by News Desk
August 20, 2021
in Business, Main
Reading Time: 1 min read
Business
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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.

We welcome the recent investment of 85 Million USD by leading VCs of the world in Airlift, a company led by young Pakistanis. Pakistan has huge potential and we are open for business. My govt is fully committed to creating opportunities.

— Imran Khan (@ImranKhanPTI) August 20, 2021
Tags: AirliftB financingBusinessPM Imran Khan
News Desk

News Desk

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