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Colabs Gets $3 Million Seed To Expand Across Pakistan, Launch Back-Office Saas Solution

Colabs Gets $3 Million Seed To Expand Across Pakistan, Launch Back-Office Saas Solution

03/25/22, 6:00 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/PK.svglahore
Money raised
$3 million
Round Type
seed
Lahore-based coworking space startup, Colabs, is set to roll-out a SaaS product to enable businesses meet back-office needs including company registration, talent sourcing and management, payroll processing and legal and tax compliance. It also plans to hire more staff, which will include increasing the product team for its SaaS workspace business service that is emerging from the beta phase.

Company Info

Company
Colabs
Location
lahore, punjab, pakistan
Additional Info
The new plans come after the startup secured $3 million in seed funding in a round led by Indus Valley Capital, Zayn Capital and Fatima Gobi Ventures, the first time that the three Pakistan-focused VCs are investing in a startup together. The family-owned real estate firm develops Colabs spaces. The startup hosts over 100 companies with a combined 1,200 people across its three locations in Lahore.