News Snapshot:
Dastgyr , a marketplace that connects suppliers with mom and pop retailers in Pakistan, announced that it has raised a US$3.5 million in a seed round led by venture capital firm SOSV. Dastgyr co-founders Zohaib Ali (left) and Owais Qureshi / Photo credit: Dastgyr ADB Ventures, Seedstars, and Edgebrook Partners also took part in the financing round, marking their first investment in Pakistan. Other investors including Zayani Venture Capital and Tricap Investments, also injected money into the Karachi-based firm. To date, Dastgyr has raised a total of US$4 million. The new funds will be used to improve its tech stack,...
