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Updated 21 Nov, 2024 06:41pm

Shark Tank Pakistan sets world record with largest deal in history

Shark Tank Pakistan has made history by facilitating a record-breaking investment deal worth Rs150 crore. The recipient of this substantial funding is SARAAF, a global trading company that has captured the attention of investors with its innovative business model and ambitious goals.

SARAAF secured Rs80 crore for a 20% equity stake, along with Rs70 crore in exchange for a 3% royalty.

This unprecedented deal not only reflects the confidence investors have in SARAAF’s potential but also highlights Pakistan’s growing prominence in the global entrepreneurial landscape.

With over 25 years of experience, SARAAF specializes in connecting Central Asian suppliers with international markets, particularly in exporting premium Onyx, Cotton, and minerals.

The company’s vision of becoming Asia’s largest B2B sourcing platform has received a significant boost from this investment.

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The panel of investors, known as “sharks,” includes notable figures such as Faisal Aftab, Rabeel Warraich, Romanna Dada, Junaid Iqbal, and Usman Bashir, all of whom bring diverse expertise to support entrepreneurs in scaling their ventures.

This historic deal marks a pivotal moment for Pakistani startups, demonstrating the potential for innovation and growth within the country’s entrepreneurial ecosystem.

As Shark Tank Pakistan continues to spotlight transformative ideas and businesses, it paves the way for future success stories in the region.

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