Airlift announced that it has raised USD $10 million fresh funds from new and some existing investors. The Pakistan-based mobility company announced in a statement that this Series A-1 funds comes just eight months after Airlift raised USD$ 12 million in the country’s largest Series A.
The round of fund raising was led by a San Francisco – based firm, Quiet Capital with London – based TrueSight Ventures and RT ventures participating. Abu Dhabi-based Shorooq Partners, Taiwan-based ACE Capital, and some local private equity and venture capital firms also participated. Already existing investors like Fatima Gobi Ventures and Indus Valley Capital also joined the round.