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Monday, November 25, 2024

Pakistan's Clicky bags $2.4m in pre-series A money - Tech in Asia

Last updated Wednesday, December 8, 2021 05:36 ET

Clicky, a Pakistan-based ecommerce that focuses on fashion products, has raised US$2.4 million pre-series A round of funding from Tricap Investments, United Arab Emirates-based CSHL, and Asif Keshodia, former CFO of Souq, an ecommerce firm based in the Middle East that Amazon had acquired in 2017.
Souq and Fatima Ventures were two of Clicky’s early investors.
Clicky offers fast-fashion products such as apparel, footwear, and accessories. It partnered with local manufacturers to launch more than five private-label products, alongside international brands.
Muhammad Khalid and Syed Shahzad founded the company in 2016.
In December 2020, the firm raised US$700,000 in pre-series A funding, which it used to set up fulfillment centers across Pakistan. Clicky said its 25,000 square-foot fulfillment center is the largest in the country.
The ecommerce firm plans to use the fresh money to scale its private-label products.



Read Full Story: https://www.techinasia.com/clicky-pre-series-a-funding

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