Pakistan’s GrocerApp scores $5.2mn in Series-A funding - News Summed Up

Pakistan’s GrocerApp scores $5.2mn in Series-A funding


LAHORE: Pakistan’s online grocery delivery platform, GrocerApp, has successfully raised $5.2 million in a Series-A round from local and global institutional and angel investors. Founded in 2016 by Ahmad Saeed, Hassaan Sadiq, and Rai Bilal, GrocerApp is digitising grocery shopping in Pakistan with a focus on customer experience. Pakistan has reached a critical mass of internet adoption with 100 million online users. GrocerApp is focused on capturing this vibrant new online user base by meeting their online grocery shopping needs through a seamless customer experience. We are excited to back this seasoned team and the capital injection will catapult GrocerApp into a dominant market position,” said Ikhlaaq.


Source: Pakistan Today June 14, 2021 02:48 UTC



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