Dastgyr gears up to disrupt Pakistan’s $125b grocery store market

[Baby Leone]

Spending $3.5 million to improve app, scale up operations
SAMAA | Farooq Baloch - Posted: Aug 7, 2021 | Last Updated: 6 days ago

Dastgyr is a business-to-business (B2B) app that hopes to connect 2 million grocery stores across Pakistan directly with manufacturers, distributors and wholesalers so they can procure supplies through online orders.









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The 2020 startup, which is already catering to 30,000 retailers in Karachi and Lahore, has just secured $3.5 million in seed funding from overseas investors, which it will spend to improve the app, increase workforce and expand to other Pakistani cities.
In this video, editor SAMAA Money Farooq Baloch asks co-founder Muhammad Owais Qureshi how the company aims to disrupt Pakistan’s $125b retail market and develop this idea into a successful business.

 

[Black Tornado]

3.5 million is very less imo

 

[Baby Leone]

3.5 million is very less imo

but a good investment for a start up, they are not gonna capture whole Pakistan 125 billion Pakistani market with 3.5 milliion.

 

[Baby Leone]

I don’t think so, they will need a lot more to cater nationwide. I thought China factor would have caused increased funding in other countries, like in 7 months we have got 22 Startup unicorns, 6 in past 3 weeks, and there are still months left for 2021 to end. So I feel they will need a lot more than 3.5, good luck to them.

no one asked you about how many start ups there in India with 1.5 billion people, nor any one is interested here so come out of ur complex. this is one of the startup in Pakistan among dozens of others hence stick to the news.

this 3.5 million USD as mentioned is just to improve their APP as it is currently only in few cities not every where just like other Pakistani B2B giants.

 

[MisterSyed]

we have got 22 Startup unicorns, 6 in past 3 weeks, and there are still months left for 2021 to end.

 

[Sidacca]

3.5 million is very less imo

But this is just seed funding not Series A,B or IPO etc