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.
- Website
- www.markaz.app/
- 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
Investors
Ranked
3rd among 249 active competitors
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 |
View details of Markaz's funding rounds and investors
Markaz's founders and board of directors
Founder? Claim ProfileHere are the details of Markaz's key team members:
- Fawad Hussain: Co-Founder of Markaz. Contact Info: 1 email address
- Shoaib Khan: Co-Founder of Markaz. Contact Info: 1 email address
- Sameel Hayat: Co-Founder of Markaz. Contact Info: 1 email address
View details of Markaz's Founder profiles and Board Members
Markaz's employee count trend
Markaz has 482 employees as of Sep 26. Here is Markaz's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Amazon 1994, Seattle (United States), Public | Online marketplace and cloud computing provider | $8M | 85/100 | |
2nd | Recharge.com 2012, Nijmegen (Netherlands), Acquired | Online retailer of mobile top-ups, gift cards, and payment cards | $60.3M | 68/100 | |
3rd | App-based reselling platform offering fashion products | $2.4M | 61/100 | ||
4th | App-based reselling platform offering fashion products | $1.7M | 48/100 | ||
5th | Online retailer of multi-category consumer products | - | - | 45/100 | |
6th | Zama Shops 2020, Swat (Pakistan), Unfunded | Operator of an online marketplace for buying and selling goods | - | - | 43/100 |
7th | Online marketplace offering multi-category consumer products | - | - | 40/100 | |
8th | Online marketplace offering multi category products | - | - | 39/100 | |
9th | Provider of online retail services for electronics and home appliances | - | - | 38/100 | |
10th | Online marketplace platform offering multi-category products | - | - | 37/100 |
Looking for more details on Markaz's competitors? Click here to see the top ones
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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Markaz Raises $2.40 Million to Help Pakistanis Start Online Business with Zero InvestmentProPakistani•May 10, 2022•Markaz, Indus Valley Capital
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