Airlift raises $85 million

Pakistani startup, Airlift has secured $85 million Series B financing with the idea of international expansion. Airlift was created by some local entrepreneurs and the Co-founder and CEP Usman Gul have said that financing will add 5% to the foreign direct investment of the (FDI) for the fiscal year 2022.

The financing is co-led by Josh Buckley of Buckley Ventures and Harry Stebbings of 20VC. Series B financing is one of the rounds for funding a company.