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Markaz - About the company

Markaz is a seed company based in Islamabad (Pakistan), founded in 2021 by Fawad Hussain, Shoaib Khan and Sameel Hayat. It operates as an App-based reselling platform offering fashion products. Markaz has raised $2.4M in funding from Indus Valley Capital. The company has 249 active competitors, including 6 funded and 2 that have exited. Its top competitors include companies like Amazon, Recharge.com and Zarya.

Company Details

App-based reselling platform offering fashion products. . The app enables resellers to list and sell multi-category clothing and fashion accessories, share them with customers or friends on social media networks through WhatsApp, Facebook, Instagram, etc, and earn by selling products. The mobile application is available for Android users.
Social
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Email ID
*****@markaz.app
Phone Number
+92 **********
Key Metrics
Founded Year
2021
Location
Islamabad, Pakistan
Stage
Seed
Total Funding
$2.4M in 1 round
Latest Funding Round
Ranked
Employee Count
482 as on Sep 30, 2026
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Markaz's funding and investors

Markaz has raised a total funding of $2.4M over 1 round. Its latest funding round was a Seed round on May 10, 2022 for $*****. 3 investors participated in its latest round. Markaz has 3 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Markaz:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 10, 2022
1540343
Seed
7896530
2358114
2051347
7409497
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Markaz's founders and board of directors

Founder? Claim Profile
The founders of Markaz are Fawad Hussain, Shoaib Khan and Sameel Hayat.
Here are the details of Markaz's key team members:

Markaz's employee count trend

Markaz has 482 employees as of Sep 26. Here is Markaz's employee count trend over the years:
Employee count trend for Markaz
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Markaz's Competitors and alternates

Top competitors of Markaz include Amazon, Recharge.com and Zarya. Here is the list of Top 10 competitors of Markaz, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Amazon
Amazon
1994, Seattle (United States), Public
Online marketplace and cloud computing provider
$8M
85/100
2nd
Logo for Recharge.com
Recharge.com
2012, Nijmegen (Netherlands), Acquired
Online retailer of mobile top-ups, gift cards, and payment cards
$60.3M
68/100
3rd
Logo for Markaz
Markaz
2021, Islamabad (Pakistan), Seed
App-based reselling platform offering fashion products
$2.4M
61/100
4th
Logo for Zarya
Zarya
2021, Lahore (Pakistan), Seed
App-based reselling platform offering fashion products
$1.7M
48/100
5th
Logo for Naheed.pk
Naheed.pk
1970, Karachi (Pakistan), Unfunded
Online retailer of multi-category consumer products
-
-
45/100
6th
Logo for Zama Shops
Zama Shops
2020, Swat (Pakistan), Unfunded
Operator of an online marketplace for buying and selling goods
-
-
43/100
7th
Logo for WBM
WBM
2004, Lahore (Pakistan), Unfunded
Online marketplace offering multi-category consumer products
-
-
40/100
8th
Logo for Atombuddy
Atombuddy
2016, Lahore (Pakistan), Unfunded
Online marketplace offering multi category products
-
-
39/100
9th
Logo for Telemart
Telemart
2014, Karachi (Pakistan), Funding Raised
Provider of online retail services for electronics and home appliances
-
-
38/100
10th
Logo for Buyon
Buyon
2012, Karachi (Pakistan), Unfunded
Online marketplace platform offering multi-category products
-
-
37/100
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Markaz's Investments and acquisitions

Markaz has made no investments or acquisitions yet.

Reports related to Markaz

Here is the latest report on Markaz's sector:

News related to Markaz

Media has covered Markaz for a total of 2 events in the last 1 year, 1 of them has been about company updates.
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FAQs about Markaz

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