Karachi-based B2B ecommerce marketplace Bazaar has raised $1.3 million in Pakistan’s largest pre-seed round. The round was led by Indus Valley Capital, a Pakistan-focused fund started by LinkedIn’s former VP Growth Aatif Awan that also led early investments in Airlift.
Alter Global, a Silicon Valley-based fund for emerging markets also invested in the round, making it their first investment in Pakistan. AlterGlobal has previously invested in similar startups across different emerging markets.
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