Pakistan's Airlift to raise $12m from Fatima Gobi Ventures, Indus Valley Capital, others

Pakistan's Airlift to raise $12m from Fatima Gobi Ventures, Indus Valley Capital, others

Traffic moves in front of a Habib Metropolitan Bank Ltd. branch in Karachi, Pakistan, on Friday, Nov. 30, 2012. Photographer: Asim Hafeez/Bloomberg

Airlift, a Pakistan-based transportation startup, is close to raising $11-12 million in a Series A funding round from Fatima Gobi Ventures, Indus Valley Capital and First Round Capital. If successful, this deal will make it one of Pakistan’s largest venture-backed Series A rounds on record.

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