Bazaar Technologies, a Pakistani blockchain marketplace, successfully raised about $30M in Pakistani’s biggest Series A round.
An خبر made by Bazaar states that August 24th will be the closing of its raise. It also reveals that Singapore’s Wavemaker Partners and Silicon Valley-based Defy Partners were the leaders of the funding round.
Many other investors also participated in the funding round, including Japan’s Saison Capital, LinkedIn, Endeavor, and numerous present-day investors such as Alter Global and Indus Valley Capital.
خواندن مرتبط | پی پال برای تسهیل مشتریان بریتانیا با ویژگی تجارت ارز دیجیتال
In Pakistan, Bazaar asserts that they are the leading Business-to-business marketplace group for small-scale merchants. They serve up to 750,000 merchants across 400 villages and towns.
The majority of those that make use of Bazaar are small-scale ‘mom-and-pop grocery stores known locally as “Kiryana Stores.” They buy stock from suppliers through this platform.
Bazaar’s round this period has grown its funding to $37.8 million. This figure grew from its $6.5M seed round of January 2021 after eight months of its launching and its pre-seed round of $1.3M in June 2020.
The seed-round was co-led by the Global Founders Capital based in Berlin. The seed round was the firm’s first Pakistani investment. Also, VC Indus Valley Capital is another partner in the June seed round last year.
Bazaar Seed Round Is The Largest In Pakistan
علاوه بر این، داده ها نشان می دهد that this latest seed round is the largest of its kind ever raised in Pakistan at a startup level. As a result of this raise, Bazaar right now has a total of $7.8 million. This makes it the largest funded startup in all of Pakistan.
Furthermore, Bazaar also brought in top global and regional organizations as well as angel investors. For example, Wavemaker Partners based in Singapore, Early-stage VC S7V, Saudi’s Derayah Venture Capital, and Next Billion Ventures based in the United States participate in the seed round.
Hamza Jawaid and Saad Janda founded Bazaar in 2019. Janga was formerly the product manager of Careem, a local Uber subdivision, whereas Jawaid worked in McKinsey, a management consulting company.
In recent months, the Pakistani government has initiated strategic ways of building a better regulatory apparatus that will be permissive to the country’s crypto sector.
خواندن مرتبط | 37 درصد از سرمایه گذاران ایالات متحده از انحلال دارایی های رمزنگاری در شرایط نزولی امتناع می کنند.
The Pakistani Securities and Exchange Commission issued a consultation paper in November. The paper surveyed the advantages of cryptocurrency assets as well as tokenization. In addition, the paper also embraced the industry feedback regarding the development of local regulations.
In March, Khyber Pakhtunkhwa, a Pakistani province, announced how it would manage two hydro-powered cryptocurrency mining farms for a government-supported mining pilot.
تصویر برجسته از Pixabay
Source: https://www.newsbtc.com/news/blockchain/bazaar-secures-30-million-in-funds/
- 000
- 2019
- 2020
- 2021
- معرفی
- سرمایه گذاران فرشته
- اعلام کرد
- دارایی
- اوت
- بی تربیت
- برلین
- بزرگترین
- بیلیون
- بلاکچین
- بنا
- کسب و کار به کسب و کار
- خرید
- سرمایه
- کمیسیون
- شرکت
- مشاوره
- عضو سازمانهای سری ومخفی
- کریپتو کارنسی (رمز ارزها )
- معدن Cryptocurrency
- معاملات معکوس ارز
- مشتریان
- پروژه
- تبادل
- مزارع
- شکل
- نام خانوادگی
- به دنبال
- بنیانگذاران
- بودجه
- بودجه
- دور بودجه
- بودجه
- جهانی
- سرمایه بنیانگذاران جهانی
- دولت
- خواربار
- گروه
- چگونه
- HTTPS
- تصویر
- از جمله
- صنعت
- سرمایه گذاری
- سرمایه گذاران
- IT
- آخرین
- برجسته
- سطح
- لینک
- محلی
- به صورت محلی
- اکثریت
- مدیریت
- مارس
- بازار
- بازرگانان
- میلیون
- استخراج معدن
- ماه
- دیگر
- پاکستان
- مقاله
- شریک
- شرکای
- خلبان
- سکو
- محصول
- بالا بردن
- مطالعه
- مقررات
- اوراق بهادار
- بورس و اوراق بهادار کمیسیون
- دانه
- دانه دور
- سلسله
- سری A
- سنگاپور
- شروع
- ایالات
- موجودی
- پرده
- استراتژیک
- تامین کنندگان
- فن آوری
- از Tokenization
- بالا
- تجارت
- ما
- Uk
- متحد
- ایالات متحده
- VC
- ریسک
- سرمایه گذاری
- سال