Airlift Technologies was a Pakistani company that initially started its operations in Pakistan as a Mass Transit ride hailing service.
Amidst COVID 19 and a total lockdown in Pakistan, the company was unable to continue its operations and quickly pivoted into instant delivery service.
The idea of Airlift was conceived by the founding Chief Executive Usman Gul after he experienced the congestion during his visit to Lahore for vacations which was caused by the inefficiency of local transportation.
Gul realized a potential opportunity and quickly pivoted into Q-Commerce Grocery Delivery Business model raising a funding of $12 million in the Series A financing round.
[8] Later in 2021, Airlift secured 85 million USD funding in Series B financing which was the largest raised by a startup in Pakistan, Middle East, and North Africa.