Sastaticket.pk Raises $1.5 Million in Series A Funding
From the Blog propakistani Sastaticket.pk, an online travel agency (OTA) based in Karachi, Pakistan, announced today that it has secured US$1.5 M for its Series A, led by regional venture capital firm Gobi Partners. The investment marks Gobi's first venture into the Pakistani market and adds another pioneering company to its growing TaqwaTech portfolio. Founded in September 2016 by brothers Shazil and Bilal Mehkri, Sastaticket.pk offers domestic travellers a way to book and pay for flights and hotels online. Ever since its launch in 2016, the platform has experienced significant growth in GMV at 125% YoY, and number of orders at 155% YoY, and has over one million flight searches per month, indicating a clear market demand for the platform. Sastaticket.pk claims that it is Pakistan's largest OTA in termpakistanblogs.blogspot.comRead Full Post
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