With total funding of $37.8 million to date, Bazaar Technologies is among Pakistan’s most capitalized startups.
Pakistani blockchain-powered business-to-business (B2B) marketplace, Bazaar Technologies, has secured $30 million in the country’s largest Series A round to date.Bazaar announced the closure of its latest raise on Aug. 24, revealing that th Silicon Valley-based Defy Partners and Singapore’s Wavemaker Partners had led the funding round.The round also saw participation from dozens of other investors, including Endeavor, LinkedIn, Japan’s Saison Capital, and existing investors Indus Valley Capital and Alter Global.Bazaar claims to be the leading B2B marketplace platform for small merchants in Pakistan, serving 750,000 merchants spanning 400 towns and villages. Many of Bazaar’s users are small ‘mom-and-pop’ grocery stores (locally known as “kiryana” stores) which use the platform to purchase inventory
Źródło: https://cointelegraph.com/news/pakistani-blockchain-marketplace-completes-record-30m-raise
