# Qist Bazaar Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/qist-bazaar-private

- Industry: Retail
- Headquarters: Karachi, Pakistan
- Website: www.qistbazaar.pk
- Total disclosed funding: $3.2M
- Latest round: Series A (Sep 24, 2024)
- Investors on record: 3

## About

Established in 2021 and based in Karachi, Pakistan, Qist Bazaar Private Limited is a provider of buy now pay later (BNPL) marketplace that focuses on selling a wide variety of bikes, mobile phones, led Tv's, laptops, washing machines, air conditioners, refrigerators, other kitchen appliances, and more categories.  In May 2023, Qist Bazaar Private Limited raised PKR 500 million in venture funding from Bank Alfalah. Following the transaction, Bank Alfalah will take a 7.2% minority stake in Qist Bazaar Private Limited. As of May 2023, Arif Lakhani is the CEO of QistBazaar. The company operates a BNPL, non-bank financial company (NBFCs) platform that allows users to purchase a wide range of products, such as mobiles, laptops, televisions, refrigerators, washing machines, air conditioners, small appliances, batteries, mattresses, and more for multiple brands. The company’s BNPL platform makes products accessible at affordable monthly installments. In February 2025, Qist Bazaar Private Limited raised PKR 511 million in series A and venture debt funding from returning investor Bank Alfalah. The company will utilize the February 2025 funding to expand its market reach in Pakistan.

## Funding rounds

- Series A, Sep 24, 2024, $3.2M — Gobi Partners, Bank Alfalah, Indus Valley Capital

## Investors

- Gobi Partners (https://capitalatlas.ai/funds/gobi-partners) — Series A
- Bank Alfalah — Series A
- Indus Valley Capital (https://capitalatlas.ai/funds/indus-valley-capital) — Series A