• Download the Constitution of Pakistan
  • Advertise
WRITE FOR US
Economy.pk
No Result
View All Result
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
No Result
View All Result
Economy.pk
No Result
View All Result
Home Business

Pakistan’s Jugnu; A B2B Ecommerce Marketplace Raises $3.2 Million

by News Desk
June 16, 2021
in Business, Entrepreneurship
Reading Time: 1 min read
Jugnu
Share on FacebookShare on Twitter

As per sources, A Karachi-based B2B Ecommerce Marketplace Jugnu and Its Parent Company Saleflo Raised $3.2M (PKR 518 million) From Lahore-based Systems Limited.

Their objective is to use funds to grow in a very competitive market, said sources.

The startup goal is to use this latest flood of funds to expand in a highly competitive market, with the likes of Bazaar, Dastgyr, Retailo, and Tajir currently operating as well.

With a market value of $430 million, Systems will serve as a partner to unlock potential, aiming to improve its presence within the digital retail environment.

According to the official reports, in 2015, a software company “Salesflo” started, and they built the country’s first cloud-based platform for FMCGs. Through its software, “Salesflo” has worked with 40 enterprise FMCGs, pharmaceutical, and distribution companies, and helped them to get access to over 300,000 retailers across the country.

And then Salesflo launched Jugnu in 2020, making it possible for small grocery stores in the country to get stock for their stores. Jugnu is currently working in Lahore, providing its services to thousands of grocery stores through its mobile app and fulfillment centers, and offers store owners next-day delivery for all purchases.

Tags: A B2B Ecommerce MarketplaceBazaarDastgyrKarachi-basedPakistan’s JugnuRaises $3.2 MillionRetailoSalesfloTajir
News Desk

News Desk

Related Posts

Intra-day update: rupee falls against US dollar in inter-bank and open markets

Intra-day update: rupee falls against US dollar in inter-bank and open markets

The Pakistani rupee slipped modestly against the US dollar on Monday, falling about 0.08% during interbank trading. Around 11:15 a.m.,...

Oil tanker association suspends supply in twin cities

Oil tanker association suspends supply in twin cities

The Oil Tanker Association voted on Monday to halt the supply of oil in Islamabad and Rawalpindi. According to facts,...

Direct Hajj Flights from Quetta Start for the First Time in Pakistan’s History

Direct Hajj Flights from Quetta Start for the First Time in Pakistan’s History

As Hajj flight operations ramp up, another major Pakistani city has begun to provide direct flights to Saudi Arabia. According...

Budget 2023-24: Pakistan plans to hike prices of cars

Budget 2023-24: Pakistan plans to hike prices of cars

In the upcoming fiscal year 2023-24 budget, the federal government is considering imposing a withholding tax (WHT) on locally built...

Govt sets 3.5pc GDP growth target for FY 2023-24

Govt sets 3.5pc GDP growth target for FY 2023-24

Pakistan's government established a 3.5 percent GDP growth target for the fiscal year 2023-24, with agriculture growing at 3.5 percent,...

Ishaq Dar vows to steer country out of existing hardships

FM Ishaq Dar vows to steer country out of existing hardships

Finance Minister Ishaq Dar vowed on Saturday to help steer the country out of its current predicament. While speaking to...

Next Post
Cotton Sowing

Cotton Sowing finished on 84% of Target Area

Please login to join discussion

Recent Posts

  • US Space Company Offers Out-of-This-World Wedding Destination
  • After 7-year closure, Iranian embassy to reopen in Saudi Arabia on Tuesday
  • Trade with Turkiye can exceed $5bn, says PM
  • President directs COMSATS to let student complete degree
  • Wahab Riaz wants to join Pakistan team’s upcoming training camp

Advertisement

Twitter

Economy.pk

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Categories

  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos

Privacy & Legal

  • Privacy Policy
  • Cookies

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • About
  • Advertise
  • Contact

© 2023 Economy.pk

No Result
View All Result
  • VIDEOS
  • World
    • Europe
    • Americas
    • Asia
    • Oceania
    • Africa
    • Middle East
  • Finance
  • Politics
  • Business
    • Economy
    • Finance
    • Entrepreneurship
    • Real Estate
  • Technology
    • Cyber Security
    • Mobiles
    • Social Media
  • Education
  • Sports
  • Life & Style
    • Personalities
    • Art
    • Culture
    • History
    • Entertainment
    • Fashion
    • Food
    • Health
      • Environment
      • Fitness
  • Sponsored

© 2023 Economy.pk