Thursday, January 20, 2022

Pakistani startup 'ezWiFi' announces six-figure pre-seed funding - TechJuice - Curated by Qamar Zaman

ezWiFi has announced a six-figure USD Pre-Seed funding round led by Iffi Wahla from E42 Ventures (US) with additional investments from angels like Naeem Zamindar (PK). ezWiFi is a Pakistani startup building the sharing economy for WiFi by enabling brick-and-mortar stores to make money by offering their customers Free WiFi.

Despite being a young startup, in a short time, ezWiFi has signed up and is providing Free WiFi at more than 100 restaurants across the country including international brands like The Coffee Bean & Tea Leaf and Second Cup. ezWiFi has also partnered with Unilever, L’Oreal, and Jazz to provide its services at supermarkets, events, and public areas.

Sher Ali Khan, ezWiFi’s Founder and CEO commented,

“ezWiFi is a purpose-driven company. We are on a mission to connect the next billion and this funding round is an important milestone in our journey. With it, we have the resources to turbo-charge our growth and build a superstar team.“

Iffi Wahla, Managing Partner at E42 Ventures said,

“We are looking to build our presence in Pakistan as we see tremendous potential in what is still a nascent startup ecosystem. ezWiFi has us excited because it offers an opportunity to connect the masses to high-speed Internet while providing value to businesses. With the right investment, not just capital, but with people and infrastructure, we believe ezWiFi has the capability to not only capture the local market but go global and E42 is delighted to be a part of the...

Read Full Story: https://www.techjuice.pk/pakistani-startup-ezwifi-announces-six-figure-pre-seed-funding/