Airlift Tech - About the company
Airlift Tech is a deadpooled company based in Lahore (Pakistan), founded in 2019 by Ahmed Ayub and Meher Farrukh. It operates as a Provider of a grocery & pharmacy delivery app. Airlift Tech has raised $110M in funding from investors like First Round Capital, Fatima Group and Quiet Capital, with last known valuation of $*****. The company has 33 active competitors, including 2 that are funded. Its top competitors include companies like GrocerApp, 24Seven and Grozar.Pk.
Company Details
Provider of a grocery & pharmacy delivery app. The app helps users to order groceries, sweets, cleaning supplies, and medicines online and get them delivered to their doorstep. The app is available on the Android & iOS platforms.
- Website
- airlifttech.com
- Social
- Email ID
- *****@airliftgrocer.com
- Phone Number
- +92 **********
Key Metrics
Founded Year
2019
Location
Lahore, Pakistan
Stage
Deadpooled
Total Funding
$110M in 4 rounds
Latest Funding Round
Last Known Valuation
$***** as on Aug 18, 2021
Investors
Ranked
4th among 33 active competitors
Employee Count
643 as on Sep 30, 2026
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Airlift Tech's funding and investors
Airlift Tech has raised a total funding of $110M over 4 rounds. Its first funding round was on Aug 06, 2019. Its latest funding round was a Series B round on Aug 17, 2021 for $*****. 13 investors participated in its latest round. Airlift Tech has 15 institutional investors and 11 angel investors.
Here is the list of recent funding rounds of Airlift Tech:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 17, 2021 | 8498338 | Series B | 1511817 | 3633270 | 8435998 | 7148094 |
Jul 01, 2020 | 6279135 | Series A | 3535444 | 3104383 | 8700327 | |
Nov 04, 2019 | 3602118 | Series A | 1990552 | 8511892 | 2960363 |
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Airlift Tech's founders and board of directors
Founder? Claim ProfileThe founders of Airlift Tech are Ahmed Ayub and Meher Farrukh.
Here are the details of Airlift Tech's key team members:
- Ahmed Ayub: Co-Founder of Airlift Tech and founder of 1 other company.
- Meher Farrukh: Co-Founder of Airlift Tech.
View details of Airlift Tech's Founder profiles and Board Members
Airlift Tech's employee count trend
Airlift Tech has 643 employees as of Sep 26. Here is Airlift Tech's employee count trend over the years:
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Airlift Tech's Competitors and alternates
Top competitors of Airlift Tech include GrocerApp, 24Seven and Grozar.Pk. Here is the list of Top 10 competitors of Airlift Tech, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | On-demand grocery delivery services | $6.7M | 50/100 | ||
2nd | Online platform offering multi-category grocery products | $6.27M | 39/100 | ||
3rd | Online retail store offering grocries | - | - | 38/100 | |
4th | Airlift Tech 2019, Lahore (Pakistan), Deadpooled | Provider of a grocery & pharmacy delivery app | $110M | 36/100 | |
5th | Online retailer of groceries, personal care, and baby products | - | 37/100 | ||
6th | Online marketplace offering grocery and food products | - | - | 33/100 | |
7th | Mandi Express 2015, Karachi (Pakistan), Deadpooled | On demand grocery ordering and delivery | $725K | 33/100 | |
8th | Online marketplace offering multi-category grocery supplies | - | - | 32/100 | |
9th | Online retailer of grocery products | - | - | 30/100 | |
10th | Star Grocers 2022, Pakistan, Deadpooled | Online grocery store to order products across various categories | - | - | 28/100 |
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Airlift Tech's Investments and acquisitions
Airlift Tech has made no investments or acquisitions yet.
Reports related to Airlift Tech
Here is the latest report on Airlift Tech's sector:
News related to Airlift Tech
•
Pakistan’s Airlift raises $85 million for its quick commerce startup, eyes international expansionTechCrunch+•Sep 12, 2022•Airlift Tech
•
•
Pakistan's nascent startup ecosystem grapples with Airlift demiseNihon Keizai Shimbun•Jul 19, 2022•Airlift Tech
•
Airlift discontinues operations in SA & many small cities in PakistanPhoneworld•May 25, 2022•Airlift Tech
•
Pakistan’s Airlift raises $85 million Series B for international expansion of its quick commerce platformMENAbytes•Aug 18, 2021•Airlift Tech, Buckley Ventures, Quiet Capital, Indus Valley Capital and 1 other
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FAQs about Airlift Tech
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