# Bazaar Technologies Pvt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bazaar-technologies-pvt

- Industry: Internet
- Headquarters: Karachi, Pakistan
- Website: www.bazaar-tech.com
- Total disclosed funding: $102M
- Latest round: Series B (Mar 15, 2022)
- Investors on record: 19

## About

Bazaar Technologies Pvt Ltd. is a technology firm that streamlines operational processes through innovative software solutions, catering to diverse industries with a focus on enhancing efficiency and customer engagement.Founded in 2020 and headquartered in Karachi, Pakistan, Bazaar Technologies Pvt Ltd. specializes in technology solutions aimed at operational efficiency. The company has successfully completed 4 deals, with the most recent funding round being Series B, raising USD 69.02 mn on March 15, 2022, with leading investors including Dragoneer Investment Group and Tiger Global Management. The founders, Hamza Jawaid and Saad Jangda, have a background in developing technology-driven businesses.Bazaar Technologies Pvt Ltd. provides a comprehensive software platform that integrates project management, customer relationship management (CRM), and data analytics functionalities. Their solutions are designed to address critical business challenges, assisting clients in workflow management, customer engagement, and data-driven decision-making. The company serves a broad client base, including SMEs and large corporations in sectors such as healthcare, finance, and retail, with operations in North America, Europe, and parts of Asia.The revenue model of Bazaar Technologies Pvt Ltd. is subscription-based, offering clients access to software solutions through various pricing tiers. Clients can choose from annual or monthly subscription options, including basic, professional, or enterprise-level plans tailored to specific business needs. The company additionally engages in partnerships with industry-specific retailers to deliver integrated solutions. Their flagship products are recognized for advanced features and user-friendly interfaces, contributing to revenue generation and client satisfaction.Following a successful Series B funding round of USD 69.02 mn in October 2022, Bazaar Technologies Pvt Ltd. plans to use this funding to expand into additional cities across Pakistan and launch new marketplace categories. The company is also focused on scaling its lending offerings and accelerating the development of new products. These initiatives aim to enhance their market presence and meet the evolving needs of their clients.

## Funding rounds

- Series B, Mar 15, 2022, $69M — Tiger Global Management, Dragoneer Investment Group, Defy., B&Y Venture Partners, Bodega AI, Inc., Indus Valley Capital, Acrew Capital
- Series A, Aug 24, 2021, $26M — Wavemaker Partners, Rocket Internet SE, Vijay Nirman Company Pvt Ltd, Global Founders Capital, Defy., B&Y Venture Partners, Saison Ventures, Bodega AI, Inc., Next Billion Capital Partners, Trajectory Capital, Indus Valley Capital, Acrew Capital, Alter Global, Hayaat Group, Zayn VC
- Seed, Feb 1, 2021, $7.4M — Wavemaker Partners, Rocket Internet SE, Vijay Nirman Company Pvt Ltd, Global Founders Capital, Next Billion Capital Partners, Indus Valley Capital, S7V, Alter Global, Derayah Financial

## Investors

- Wavemaker Partners (https://capitalatlas.ai/funds/wavemaker-partners) — Seed, Series A
- Rocket Internet SE (https://capitalatlas.ai/funds/rocket-internet-se) — Seed, Series A
- Vijay Nirman Company Pvt Ltd — Seed, Series A
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed, Series A
- Next Billion Capital Partners (https://capitalatlas.ai/funds/next-billion-capital-partners) — Seed, Series A
- Indus Valley Capital (https://capitalatlas.ai/funds/indus-valley-capital) — Seed, Series A, Series B
- S7V — Seed
- Alter Global (https://capitalatlas.ai/funds/alter-global) — Seed, Series A
- Derayah Financial (https://capitalatlas.ai/funds/derayah-financial) — Seed
- Defy. (https://capitalatlas.ai/funds/defy) — Series A, Series B
- B&Y Venture Partners (https://capitalatlas.ai/funds/b-y-venture-partners) — Series A, Series B
- Saison Ventures (https://capitalatlas.ai/funds/saison-ventures) — Series A
- Bodega AI, Inc. — Series A, Series B
- Trajectory Capital (https://capitalatlas.ai/funds/trajectory-capital) — Series A
- Acrew Capital (https://capitalatlas.ai/funds/acrew-capital) — Series A, Series B
- Hayaat Group — Series A
- Zayn VC (https://capitalatlas.ai/funds/zayn-vc) — Series A
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series B
- Dragoneer Investment Group (https://capitalatlas.ai/funds/dragoneer-investment-group) — Series B