Thursday, April 25, 2024

Tajir, a Pakistani Startup Raises $17 Million in Funding

In recent news, Kleiner Perkins and YC Continuity led a $17 million round of fundraising for a Pakistani startup called Tajir. Tajir is Pakistan’s largest tech-enabled retail network, providing a new way for sellers to compare prices, buy inventory, and enjoy the ease of ordering 24 hours a day, 7 days a week with next-day delivery.

Ismail Khan and Babar Khan, two notable entrepreneurs, created the company after seeing Pakistan’s reliance on neighbourhood retailers and wanting to develop a more efficient environment. This was owing to the fact that the conventional retail system stifled expansion due to unecpected inventory expenses and unreliable delivery.

Customers can order things at any time without having to wait for a salesperson to oversee their orders, and they receive them all at once with Tajir. What sets Tajir apart from other services is the transparency of its costs and rates, which are updated in real time.

Tajir also assists retailers in locating inventories and allows businesses to stock their products in stores while maintaining security.

In a recent blog post, the startup expressed gratitude for the significant funding: “We are grateful to the wonderful team constructing Tajir. We still have a lot of work to do, and we’re seeking for brave and talented people to help us.“

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