20/08/2024
🌟🚀🔥Congratulations to the team at PostEx on their $7.3 million fundraising round! 🔥🔥🚀🚀 Muhammad Omer Khan Saad Mahmood Babar Razzaq Adil Naseem
Zayn Venture Capital has been proud to be a part of their journey from the beginning, and we're thrilled to have contributed with a significant follow-on investment.
This round was led by the incredibly talented and experienced Kirill Kozhevnikov at Dubai-headquartered Conjunction Capital, with additional participation from DASH Ventures, 500 Global (500 Sanabil) and existing investors VentureSouq FJ Labs and Zayn VC!
PostEx, a Pakistan-based startup providing financial and logistics services to online merchants, is using this funding to enter new markets, starting with Saudi Arabia and the UAE this year. With a current headcount of 6,500 across 600 cities, PostEx plans to expand its team to 9,000 by the end of the year!
We're excited to continue supporting and accelerating the growth of this exceptional team!
🚀🚀🔥
Pakistani startup PostEx is entering Saudi Arabia as first global market after hitting $21 million ARR in the South Asian nation.