Airlift secures $85m in Series B financing, highest in MENA region

 

Airlift has set a brand new precedent in an effort to deliver world-elegance buyers to spend money on Pakistan. It will garner self assurance that wonderful era and customer merchandise may be constructed in Pakistan, and that this place of the arena has a number of the nice talents.

Airlift Express on my own with its collection B investment of $eighty five Million has introduced 5% to Pakistan’s FDI for the Fiscal yr 2021. This financing spherical lays the rules of a brand new sunrise in Pakistan wherein era startups on my own can make contributions to greater than 10% of FDI in the imminent years.

The Airlift Mission - The group at Airlift is on a challenge to allow self-empowerment in the

place with the aid of using lowering character dependency on others thru safe, reliable, and affordable

logistics solutions. Airlift is constructing a platform for consumers, drivers, and small business

proprietors to transport customer goods. With an agile deliver chain, Airlift is nice located to

prevail and in the end create hundreds of jobs inside Pakistan. Airlift is on a challenge to

create 200,000 jobs in Pakistan in the subsequent 5 years.

Pakistan's various expertise base places Pakistan on the worldwide map - The group at Airlift is a

authentic illustration of the ability that is living in the country. The group is an

embodiment of relentlessness, hustle, and severe ownership, which has constructed one of

Pakistan's biggest era companies. This financing places Pakistan on the worldwide

roadmap for era entrepreneurship.

Usman Gul, Co-Founder and CEO of Airlift said, “A yr ago, Airlift halted operations at the transit provider and various into last-mile grocery shipping. Today, our group closed $85m in Series B financing to scale our shipping platform throughout continents. With this financing, we as Pakistanis need to go back to wherein we began out from -- preventing in opposition to the chances and staying authentic to our center values of hustle, teamwork, resourcefulness, and bias to action. If that is the adventure of one thousand miles, we've taken most effective the primary step.”

With the Series B investment, Airlift today, as a Pakistani-born startup is devoted greater than ever to revolutionize the retail enterprise with the aid of using leveraging era, and empower hundreds of thousands of people!