Pakistani logistics startup Rider raises $3.1 million in funding

Pakistani logistics startup Rider raises $3.1 million in funding
Photo by Mildlee / Unsplash

Rider, a Pakistan-based logistics startup focusing on e-commerce deliveries has raised $3.1 million in its second seed round of funding from Y Combinator, i2i Ventures, Flexport, Soma Capital, and Rebel Fund.

  • Founded in 2019, Rider offers next-day delivery services in Pakistan, with live tracking, scheduling for buyers, and a digital warehouse for sellers.
  • The new round brings the firm to $5.4 million raised since September 2021.
  • With over 3 million parcels delivered across Pakistan, Rider has grown its customer base to 650 online sellers.