Startup profile · Pakistan

Airlift Technologiesairlifttech.com

A Pakistan-founded mobility startup that pivoted to quick commerce and permanently ceased operations in July 2022.

ShutdownQuick commerce and logisticsQuick commerceGrocery deliveryLast-mile deliveryMobility
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Separate from store rankings. This startup profile maps commerce infrastructure and corporate activity. It does not receive or influence a consumer-store index score.
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Observed signals

Technology stack

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Products

Commerce portfolio

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Capital

Funding rounds

Funding values reflect cited public reporting and are not independently audited by ECIndex.

Series BUS$85 million

18 August 2021

The round valued Airlift at US$275 million and brought total disclosed funding to about US$110 million.

Source: TechCrunch ↗
Series A-1US$10 million

2 July 2020

Led by Quiet Capital, with participation from TrueSight Ventures, RT Ventures, Shorooq Partners, ACE Capital and local investors. Dawn reported total investment of US$24.1 million after the round.

Source: Dawn ↗
Series AUS$12 million

2 November 2019

The financing was reported as Pakistan's largest Series A at the time and was led by First Round Capital.

Source: Profit by Pakistan Today ↗
SeedUS$2.2 million

6 August 2019

Co-led by Fatima Gobi Ventures and Indus Valley Capital, with angel investors also participating.

Source: ProPakistani ↗
Capital network

Published investors

Participation shown here relates to the cited funding announcement.

Fatima Gobi VenturesCo-lead investor · Seed
Indus Valley CapitalInvestor · Seed, Series A and Series B
First Round CapitalLead investor · Series A
Quiet CapitalLead and participant · Series A-1 and Series B
20VCCo-lead investor · Series B
Buckley VenturesCo-lead investor · Series B
Corporate activity

Acquisitions

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Leadership

Published team

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Co-founder and former CEO

Usman Gul →

Founded and led Airlift Technologies until its permanent shutdown in July 2022.

Source: TechCrunch ↗
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