Pakistan’s Airlift raises $10m in Series A-1 round, enters last-mile logistics

Pakistani bus transportation startup Airlift has raised $10 million in Series A-1 financing led by San Francisco-based venture capital firm Quiet Capital.

This extension round of financing also saw participation from new investors such as London’s TrueSight Ventures and RT Ventures, Shorooq Partners from Abu Dhabi, and ACE Capital from Taiwan. Other early investors First Round Capital, Fatima Gobi Ventures and Indus Valley Capital also joined the round.

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