Cheetay.pk has successfully secured a $1.1 million Series A-1 round. This brings the total capital raised close to $2 million, from seasoned investors and venture capitalists based in the US, since its launch in 2015. The company is led by tech veteran Ahmed Khan, who has spearheaded e-commerce ventures like Daraz.pk, Kaymu.pk, etc. The latest funding round is testament to the confidence Cheetay.pk’s investors have in his ability to lead the company to become a dominant e-commerce player in Pakistan.
Shahbaz Maqsood Khan, the formidable Director Brands and Communications of the biggest telecom brand of Pakistan, Jazz has moved on to newer avenues.
ACCA (the Association of Chartered Certified Accountants) signed a Memorandum of Understanding (MoU) with the management of Pakistan Business Council (PBC). The MoU revolves around ACCA and PBC’s mutual agenda of supporting the development of businesses that emphasises on financial disclosures and reporting that is the key to attract and excite local and foreign direct investment in the economy.