Participated · Series A · Oct 2024

Dastgyr is a demand-led B2B marketplace launched in 2020 that connects retailers with suppliers, manufacturers and wholesalers to enable wholesale ordering and next-day delivery. The platform offers a sellers app for product uploads, pricing and purchase orders while buyers use the marketplace to order inventory. Dastgyr expanded beyond FMCG into electronics, pharmaceuticals, industrial goods, raw materials and construction materials. It uses a cross-docking, asset-light fulfilment model to move goods quickly and offers Shariah-compliant lending services for largely unbanked or underbanked sellers and buyers. The company targets Pakistan’s ~2 million SMBs and the broader SMB market opportunity cited at around $150 billion in value. Following the raise, Dastgyr plans further geographic expansion and to broaden fintech offerings while investing in technology and people.

Participated · Series A · Jun 2022

Dastgyr is a Pakistan-based B2B e-commerce marketplace led by co-founder Zohaib Ali. Its one-stop application connects thousands of retailers with suppliers, giving businesses real-time visibility on pricing and financing rates. Platform partners have included Coca-Cola, Nestle and Reckitt. In June 2022 the company closed a $15 million Series A to support growth. The new capital will fund expansion into 15 additional Pakistani cities beyond its existing network in Karachi, Lahore, Sialkot and Gujranwala. Dastgyr will remain an independent entity following the investment, with VEON Ventures taking a minority position. Dastgyr operates a mobile-first B2B marketplace that lets kiryana stores order inventory—over 2,000 SKUs currently—from multiple suppliers with next-day delivery in Karachi and Lahore. Founded in 2020 by former Careem and Airlift employees, the startup has an asset-light model: it does not hold inventory, instead routing supplier shipments through its sorting centers for dispatch. Since its official launch in September 2020, Dastgyr says it has served 30,000 retailers. The company is experimenting with fintech products, including a BNPL pilot that has increased average basket sizes, and plans to offer microloans via third-party partners rather than funding loans on its own books. Dastgyr will use the new funding to enhance technology and scale operations while competing in a crowded Pakistani grocery-supply space.