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Sehrish KayaniLast Updated: Jan 19, 2021
In one of the biggest seed rounds in the Middle East and North Africa region (MENA), the Pakistan B2B marketplace, Bazaar, raised $6.5 million. Bazaar is one of Pakistan’s best-funded startups, with its overall raise of $7.8 million.
This is the Global Founders Capital’s first investment in Pakistan, which is co-leaded by the Berlin-based Global Founder Capital and the Pakistanis-based VC Indus Valley Capital. According to MENAbytes info, this seed round was the second-largest startup ever in the MENA region and the largest in Pakistan. It should also be noted that Bazaar has a variety of leading global and regional institutional and angel investors in addition to its leading investors.