Airlift Technologies, after successfully establishing its Airlift Transit business has launched its new Airlift Grocer App. The initiative, a result of its transit services being put on hold during COVID-19 situation, shows how much Pakistan stands to gain from innovation.
For starters, it has brought in investments worth $10 million – making it as one of the largest capital investments in the region. Quiet Capital, based in San Francisco, led the round with TrueSight Ventures (London), RT Ventures (London), Shorooq Partners (Abu Dhabi), and ACE Capital (Taiwan) participating, among other local partners. Existing investors, First Round Capital (San Francisco), Fatima Gobi Ventures (Pakistan) and Indus Valley Capital (Pakistan) also continued their support for Airlift in this financing. The grocery service is currently being offered in Lahore only and will soon launch for shoppers in Karachi.
For more details log on to www.airliftgrocer.com.