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Pakistani startup Bazaar raises $30m in Series A financing

byMuhamad Arshad
August 25, 2021
in Business
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Pakistani startup Bazaar raises $30m in Series A financing
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Bazaar, a year-old B2B marketplace from Pakistan, has raised $30 million in Series A financing co-led by Silicon Valley-based Defy Partner and Singapore-based Wavemaker Partners.

According to a press statement, the round takes Bazaar’s total funding to $38m, “making it one of the best funded startups in the country”.

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Other investors who took part in the round included US-based Acrew Capital, Japan’s Saison Capital, UAE’s Zayn Capital and B&Y Venture Partners and a Silicon Valley-based growth fund.

Bazaar was founded in June 2020 with the aim of catering small and medium-sized enterprises in Pakistan to procure inventory, manage their bookkeeping and access financial services to simplify and help them grow.

Tags: B2B marketplaceBazaarCapitalUAE’s Zayn Capita
Muhamad Arshad

Muhamad Arshad

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