Markaz Analysis: $2M Raised
What is Markaz?
Markaz is a leading dropshipping and reselling platform in Pakistan, offering over 150,000 products to help entrepreneurs manage online businesses effortlessly.
Employees
55
Founded
2021
Revenue
$20.31M
Business Model
Business model involves dropshipping; revenue from product sales and commissions.
Product Features & Capabilities
- Dropshipping Portal, Reseller App, 150,000+ products, Centralized Dashboard, Effortless Product Export, Prepaid Orders, Multi-Store Management, Logistics Network, User-friendly mobile app, Seamless Signup, Financial Independence opportunities.
Pricing
- Freemium Plan: $0, 0% commission, 3 products.
- Premium Plan: $299 per year, 0% commission, unlimited products.
How much Markaz raised
Seed - $2.4 million
May 10, 2022Lead Investor: Indus Valley Capital (IVC)
Who are the founders of Markaz
Investors
- Y Combinator
- Indus Valley Capital
- Two other undisclosed investors
Market Focus
Markaz primarily focuses on the dropshipping and reselling industry, connecting entrepreneurs with a wide range of products from suppliers in the UAE, China, and Pakistan to help them start and grow their online businesses.
Competitors Overview
Markaz competes with several notable dropshipping platforms in Pakistan, including:
- Daraz.pk: Often referred to as the "Amazon of Pakistan," Daraz offers a vast product catalog of over 50 million items and has a strong local marketplace presence, making it ideal for reaching local customers.
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