Startups

#021Disrupt2020 – Roomy.PK raises $1,000,000 in Pre-Series A funding led by Lakson VC

Faisal Aftab, Managing Director of Lakson Investments Venture Capitals (LIVC), just announced at the #021Disrupt2020 that LIVC has led the Pre-Series A funding round for Roomy.pk with an investment of $1,000,000. Faisal Aftab has also joined the board of directors of Roomy.pk.

Faisal Aftab said during the announcement, “Roomy is our 2nd pick in the travel vertical as it has scalable asset-light business model; while addressing the market gap for younger domestic leisure & corporate budget travelers.
Roomy.pk aims to find you curated places and rooms where you can stay during your trips in Islamabad, Batakundi, Gulmit and Minapin. While COVID has affected the travel industry a lot, this announcement is a welcome sight and shows that things are returning back to normal. The startup is lead by Asad Samar who is a former NUST grad and later on went to do MS and PhD from Carnegie Mellon University.

Lakson Investments has previously funded Bagallery and a number of other startups in the Pakistani ecosystem. Stay tuned for more coverage on #021Disrupt2020!

Image Credit: Business Recorder

Sponsored
Shaheryar Ehsan

Content Team Lead. Blogger, Content Developer, Social Media, and SEO Expert. Reach out: shaheryar.ehsan@techjuice.pk

Leave a Comment
Share
Published by
Shaheryar Ehsan

Recent Posts

Indian Army Granted Authority to Directly Takedown Social Media Content

The Indian Army has been granted direct authority to manage social media content concerning its…

2 hours ago

NUST Achieves Global Recognition with 43 Researchers Among World’s Top 2% Scientists

In an extraordinary accomplishment for Pakistani academia, 43 researchers from the National University of Sciences…

3 hours ago

Khyber Pakhtunkhwa Govt Ready to Acquire PIA with Bid Exceeding Rs10bn

The Khyber Pakhtunkhwa (KP) government has officially informed the federal government of its intention to…

5 hours ago

PTA Cautions Public on Illegal and Unlicensed Forex Trading Platforms

The Pakistan Telecommunication Authority (PTA) has issued a stern advisory, warning citizens against investing in…

5 hours ago

Record Emigration: Economic Instability Forces Pakistan’s Best and Brightest to Depart

Economic challenges are prompting skilled workers to leave Pakistan, resulting in a significant talent drain…

7 hours ago

Russia’s Fine on Google Exceeds World’s Economy

A Russian court has fined Google for blocking state-run media channels on YouTube, imposing a…

1 day ago