Zayani VC, Tricap invest in Pakistan-based Dastgyr’s $3.5 million Seed round

Zayani VC, Tricap invest in Pakistan-based Dastgyr’s $3.5 million Seed round

Bahrain-based Zayani Venture Capital and Dubai's Tricap investments have participated in Pakistan-based B2B e-commerce startup Dastgyr's $3.5 million Seed round, led by SOSV.  

Other investors participating in this round include ADB Ventures, the Asian Development Bank's venture capital arm, Seedstars, and Edgebrook Partners.

Founded in 2020 by Muhammad Owais Qureshi and Zohaib Ali, Dastgyr looks to serve two million retailers in Pakistan by linking them directly with wholesalers, offering next-day delivery for 2,000 stock-keeping units (SKUs).  

The startup plans to use the funds to expand its sorting centre operations, grow its team as well as launch its fintech products in Q3 2021.

Over the past year, Dastgyr has been working closely with London-based advisory firm EquiTIE, which helped the startup to successfully raise its Seed round and boost its scalability.

Bahrain-based Zayani Venture Capital and Dubai's Tricap investments have participated in Pakistan-based B2B e-commerce startup Dastgyr's $3.5 million Seed round, led by SOSV. Other investors participating in this round include   ADB Ventures, the Asian Development Bank's venture capital arm, Seedstars, and Edgebrook Partners.

Launched in 2020 by Muhammad Owais Qureshi and Zohaib Ali, Dastgyr looks to serve two million retailers in Pakistan by linking them directly with wholesalers, offering next-day delivery for 2,000