Shark Tank Pakistan Breaks Records with SARAAF's PKR 150 Crore Deal
- Fahad Bin Khalid
- November 20, 2024
- 2:43 pm
- 31
- Current Affairs
Shark Tank Pakistan has made waves globally in the entrepreneurial community. It achieved a historic feat. In a recent episode, SARAAF, a leading global trading company, secured a monumental funding deal worth PKR 150 crore. This record-breaking deal has set a new benchmark, not just for the show, but for startups in Pakistan and beyond.
The Game-Changing Deal
SARAAF wowed the panel of sharks with its innovative approach and clear vision for global trade. The company secured a two-part deal:
- PKR 80 crore for 20% equity.
- PKR 70 crore for a 3% royalty.
This landmark agreement shows investors' great confidence in SARAAF. They believe it can redefine global trade. It also demonstrates the potential of Pakistani startups to thrive on the world stage.
SARAAF: A Leader in Global Trade
With 25 years of expertise, SARAAF connects Central Asian suppliers to global markets. The company's main exports are premium Onyx, cotton, and minerals. They significantly boost Pakistan's export economy.
SARAAF is a major player in Pakistan's Onyx and Marble exports. Its goal to be Asia's largest B2B sourcing platform is now closer to reality. This funding will help SARAAF expand globally and lead in trade.
Meet the Sharks
The Shark Tank Pakistan panel comprises some of the most experienced and visionary investors:
- Faisal Aftab: A technology and venture investment expert.
- Rabeel Warraich: A pioneer in the tech industry with an eye for disruptive ideas.
- Romanna Dada: A seasoned investor with two decades of experience.
- Junaid Iqbal: Former Managing Director of Careem, bringing a wealth of strategic knowledge.
- Usman Bashir: A retail and gas station management specialist.
Their combined expertise offers startups both funding and useful guidance to help them grow.
A Milestone for Pakistani Innovation
SARAAF's record deal is a win for Pakistan's startups, not just its finances. This marks a shift in the world's view of Pakistani startups. It highlights the nation's potential as an innovation hub.
As SARAAF nears its goal of being a global B2B leader, it inspires aspiring entrepreneurs across Pakistan. The company's journey shows how hard work and smart choices can lead to great success.
The Future of Startups in Pakistan
Shark Tank Pakistan is doing more than funding businesses. It's fueling dreams, inspiring change, and reshaping views on Pakistani entrepreneurship. With bold ideas like SARAAF leading the charge, the future looks incredibly bright for the nation’s innovators.
