<\/p>\n
Voyage Freight, a digital freight forwarding startup, announced on Monday that it had secured over $1 million
\npre-seed funding round to \u201crevolutionise the international shipping sector in Pakistan\u201d.<\/p>\n
In a press release, the company said: \u201cThis strategic injection of capital marks a milestone in Voyage\u2019s journey to transform the logistics industry for Pakistani exporters.\u201d<\/p>\n
Through this, the start-up says it can offer exporters a smooth end-to-end, global shipping solution with modern technology.<\/p>\n
It added that this will help catalyse the company\u2019s mission to \u201cstreamline and enhance the export logistics process for Pakistan\u2019s growing trade market, through an innovative, technology-driven platform\u201d.<\/p>\n
The funding round was led by Indus Valley Capital, which highlighted the growing confidence in Voyage\u2019s vision to simplify the complex nature of traditional global shipping.<\/p>\n
Indus Valley Capital founder Aatif Awan said: \u201cIncreasing exports is a burning problem for Pakistan and an outdated, opaque global shipping experience remains a key impediment.<\/p>\n
\u201cVoyage\u2019s vision of simplifying global freight for anyone in Pakistan, especially new and smaller exporters, really resonated with us. We\u2019re excited to partner with them.\u201d<\/p>\n
\u201cWe are thrilled to have the support of our investors who share our vision of digitising and simplifying the export shipping process,\u201d said Omar Mukhtar, co-founder of Voyage Freight.<\/p>\n
Mukhtar is an alumnus of University College London and the London School of Economics and has experience with scaling companies within Pakistan\u2019s competitive landscape.<\/p>\n
Alongside him, Bilal Latif has experience in logistics and operations within Pakistan\u2019s diverse industrial sectors.<\/p>\n
He added: \u201cThis funding enables us to accelerate our mission of providing Pakistani exporters with a one-stop digital platform that manages their logistics needs from origin to destination, with complete transparency, visibility and control.\u201d<\/p>\n
Pakistan\u2019s growing manufacturing sector presents the potential for growth in exports. However, the traditional freight forwarding processes are full of challenges such as lack of transparency and complex customs procedures, which lead to inefficiency and increased costs.<\/p>\n
By merging all shipping operations onto a single dashboard, the platform allows clients \u201creal-time visibility and control over their cargo, providing a transparent, efficient, and cost-effective shipping experience.\u201d<\/p>\n
Digital freight forwarding can provide an efficient avenue for clients in the country\u2019s export sector, which can help tackle the current account deficit and support the rupee.<\/p>\n
\u201cIn the current global economy, the ability to export efficiently is crucial for the growth and competitiveness of Industry\u201d added Omar Mukhtar. \u201cOur aim is to democratise access to global markets for exporters.\u201d<\/p>\n
The statement said: \u201cVoyage\u2019s solution aims to cater to the needs of businesses of all sizes, from SMEs to large enterprises.\u201d<\/p>\n
The company said it is setting its sights on becoming a key player in the logistics sector within the MENA Region, starting with a strong foundation in Pakistan.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Voyage Freight, a digital freight forwarding startup, announced on Monday that it had secured over $1 million pre-seed funding round to \u201crevolutionise the international shipping sector in Pakistan\u201d. In a press release, the company said: \u201cThis strategic injection of capital marks a milestone in Voyage\u2019s journey to transform the logistics industry for Pakistani exporters.\u201d Through […]<\/p>\n","protected":false},"author":2,"featured_media":24072,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/i.dawn.com\/large\/2023\/11\/131118032949df0.jpg?r=111849","fifu_image_alt":"","footnotes":""},"categories":[192],"tags":[],"class_list":["post-24071","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-islamabad-news"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/24071","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/comments?post=24071"}],"version-history":[{"count":0,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/24071\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media\/24072"}],"wp:attachment":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media?parent=24071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/categories?post=24071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/tags?post=24071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}