Webx, Pakistan’s SaaS (software as a service) e-commerce startup, raised an undisclosed amount in its first seed round funding led by Al Hilal Securities.
Webx aims to utilize the latest funds to expand the consumer base of the company. Webx believes that the local eCommerce market will double in size in the next 3 years.
Company: Webx Ecommerce
Raised: Undisclosed
Round: Seed Round
Funding Month: February 2022
Lead Investors: Al Hilal Securities
Additional Investors:
Company Website: https://www.webx.pk/
Software Category: eCommerce software
About the Company: Webx, a SaaS (Software-as-a-Service) eCommerce platform, enables businesses of all sizes to start and run their online stores from one simple platform. Webx Ecommerce is the most popular eCommerce software in Pakistan. Webx allows retailers to build their online retail stores. It is a one-stop solution for e-commerce that takes care of the payment and delivery channels by connecting the stores with top-tier payment providers and logistics services, through a fully-automated system. Webx powers 750+ online businesses in Pakistan
Source: https://wetalkstartups.com/2022/02/pakistans-ecommerce-startup-webx-raises-seed-funding-from-uae/