Markaz Technologies, founded with the mission to empower micro-entrepreneurs in Pakistan, provides a reselling marketplace tailored for social media platforms like WhatsApp, Facebook, and Instagram. The company enables individuals to start their businesses without any initial investment by sourcing wholesale products from across Pakistan. Markaz handles delivery operations, payments, and customer services, ensuring a seamless experience for both sellers and buyers. The platform aims to tap into Pakistan's burgeoning consumer market, projected to be the 7th largest globally.
Notable affiliates and investors in Markaz Technologies include prominent figures in the tech and venture capital sectors. The company has achieved significant milestones, such as successfully onboarding thousands of micro-entrepreneurs and facilitating numerous transactions across the country. By lowering the barriers to entry for online business, Markaz has made a substantial impact on the economic empowerment of young Pakistanis, fostering entrepreneurship and contributing to the growth of the digital economy in the region.
Markaz Technologies
- Company Overview
Operating Status
Active
Ownership Type(s)
Venture Capital
Main Product(s)
Ecommerce, Reselling
Tags
SaaS, Marketplace
Markaz Technologies
- Operating Model
Customer Type(s)
Consumers, Pakistan
Markaz Technologies - FAQ
When was Markaz Technologies founded?
Markaz Technologies was founded in 2021.
Where is Markaz Technologies's headquarters located?
Markaz Technologies's headquarters is located in Islamabad, PK.
When was Markaz Technologies's last funding round?
Markaz Technologies's most recent funding round was for $2M (USD) in May 2022.
How many employees does Markaz Technologies have?
Markaz Technologies has 115 employees as of Feb 24, 2024.
How much has Markaz Technologies raised to-date?
As of July 05, 2023, Markaz Technologies has raised a total of $2.1M (USD) since May 9, 2022.
Markaz Technologies - Comparables
Add Comparison
Markaz Technologies - Fundraising
Total Raised to Date
$2.1M
USD
Last Update May 9, 2022
Last Deal Details
$2M
USD
May 9, 2022
Seed
Markaz Technologies - Employees
Total Employees Over Time
115
As of Feb 2024
Markaz Technologies - Contact Information
Markaz Technologies Address
Islamabad,
Pakistan
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts
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