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Jul 12, 2022 · Airlift, Pakistan’s top startup, is shutting down in a move that has sent shock waves to the nascent but fast-growing ecosystem in the South Asian market. The Lahore-headquartered startup...
Sep 12, 2022 · Just four months earlier, Airlift — a three-year-old instant grocery delivery startup — had raised $85 million in the largest funding round Pakistan had ever seen, at a record valuation of $275 million. In total, Airlift had raised over $110 million, becoming the most-funded startup in Pakistan.
Sep 12, 2022 · September 12, 2022 at 1:13 AM PDT. Listen. 4:05. This article is for subscribers only. In early July, things looked rosy at Airlift Technologies Pvt. as it prepared to raise more cash for...
Jul 24, 2022 · By ALI ASAD SABIR |. PUBLISHED July 24, 2022. KARACHI: Pakistan experienced a surge in venture capital (VC) funding, with the peak occurring in 2021. Globally, funding is drying up with the goal of increasing profits. Airlift Technologies' reverse sailing and now shutting down is a perfect example of VC funding drying up in Pakistan.
Aug 17, 2021 · Airlift operates a quick commerce service in eight cities, including Lahore, Karachi and Islamabad in Pakistan. Users can order groceries, fresh produce and other essential items, including...
Jul 13, 2022 · Airlift, which delivered groceries and goods, raised $85 million in the largest funding round to date by a local startup in 2021, but ran into trouble as a global market downturn made further...
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In 2020, Airlift diversified into last-mile delivery through Airlift Express, delivering essentials across households in 30 minutes across nine cities in Pakistan, soon launching across South...
