Daraz.pk

company

About

Daraz is an online store that provides branded products for men and women across clothing, footwear, apparel, jewelry and accessories.

Details

Last Funding Type
Corporate Round
Industries
E-Commerce,Fashion,Shopping
Founded date
Jul 1, 2012
Number Of Employee
501 - 1000
Operating Status
Active
Legal Name
Jade E Services Pakistan Pvt Limited
Also Known As
Daraz,E-Cart Internet Services.

Daraz is the largest online shopping platform for fashion fanatics in Pakistan. We are reshaping the face of e-commerce by supporting our credo of convenience, while redefining the term shopping and presenting it to the general population. Furthermore, the website is specifically designed to be user-friendly and we have the most responsive customer support team to handle orders and queries efficiently.

The question arises: Why Daraz?

Each individual at Daraz strives 24/7 to put forward an irresistible collection of the best designer ensembles, fashion footwear, bags & accessories with the convenience of free shipping - on purchase of Rs 1,500 worth of merchandise - along with free 7-day returns and cash on delivery services. Unanimously our cutting edge e-commerce platform, savvy customer support, innovative warehouse systems and ingeniously experienced buying team help make your shopping experience worthwhile.
The foremost motive is to provide the exact product you love; at your doorstep regardless of time, place or geographical location, while understanding the precise needs of each customer. Daraz brings out your personalized trend and style, keeping your budget in mind.

With just a few clicks the product you liked will be delivered at your doorstep through our trusted courier partners that let you pay cash on delivery.The website offers an extensive array of fashion/branded clothing lines even greater than the fashion hubs of the country like Zamzama, M.M.Alam Road and Jinnah Super combined, along with footwear, jewellery and cultural apparel of some of the renowned brand names of Pakistan under one roof.


Daraz.pk has been given the accolades of being the simplest, and the most convenient website for having user-friendly interface by its existing customers. Since the launch of the business earlier this year, it has successfully gathered a huge number of customers by serving them in the best manner, and creating a separate identity of its own in the online industry. It is an online platform that has the objectives to shift the perception and divert the local populace towards the online shopping trend which is booming across the globe.



Our other offers include Gift Cards that carries varying credit limits that you could present to your acquaintances or loved ones. These are gift cards are subject to international and domestic shipping. Other offers include Free Shipping, 7 Day Returns, and Cash on Delivery offers for your convenience along with Telenor Easy Paisa, and Net Banking.

And now with International Shipping you could send a package in 231 countries globally with our partnership with DHL.


Visit our website; call us on (021) 11-11-32729 or email us at [email protected] for any queries or concerns.

For business development & partnership: [email protected]

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$55.60M
Daraz.pk has raised a total of $55.60M in funding over 2 rounds. Their latest funding was raised on May 9, 2018 from a Corporate Round round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 9, 2018 Corporate Round 1 Alibaba Group Detail
Sep 22, 2015 Series A $55.60M 2 CDC Group Detail

Investors

Number of Lead Investors
Number of Investors
2
3
Daraz.pk is funded by 3 investors. Alibaba Group and CDC Group are the most recent investors.
Investor Name Lead Investor Funding Round
Alibaba Group Yes Corporate Round
CDC Group Yes Series A
Asia Pacific Internet Group Series A

Employee Profiles

Number of Employee Profiles
4
Daraz.pk has 4 current employee profiles, including Executive Muneeb Maayr
Executive
Executive
Executive
Employee

Acquisition

Daraz.pk has acquired 2 organizations. Their most recent acquisition was Kaymu.pk on Jun 27, 2016. They acquired Kaymu.pk for 0.

Date Company Name
Industry Acquisition Type Price
Jun 27, 2016 Kaymu.pk
E-Commerce acquisition Detail
Mar 4, 2021 HungryNaki
E-Commerce acquisition Detail