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Pakistan’s Zaraye, A B2B Supplies Platform, Raises $2.1M From Tiger Global And Zayn

Apr 14, 2022•over 3 years ago

Amount Raised

$2.1 Million

Round Type

seed

Description

Obtaining raw materials is a major pain point for Pakistan’s manufacturers, who need to have multiple phone calls with suppliers while waiting for rates, say the founders of Zayare. The startup, which runs a platform that connects manufacturers directly with suppliers, announced today it has raised $2.1 million in pre-seed funding from Tiger Global and Zayn Capital. This marks the first time Tiger Global has made a pre-seed investment in a Pakistani startup. Other investors include +92 Ventures, Alan Rutledge, Jack Rizvi and current and former employees of Careem.

Company Information

Company

Zaraye

About

The startup, which runs a platform that connects manufacturers directly with suppliers, announced today it has raised $2.1 million in pre-seed funding from Tiger Global and Zayn Capital. Zaraye also provides manufacturing businesses with working capital, in addition to raw materials. For the construction industry, Zaraye provides cement, sand, gravel and crushed stone.