Voyage Freight, a digital freight forwarding startup, has successfully concluded its pre-seed funding round, securing over $1 million. The funding, led by Indus Valley Capital, represents a significant step for Voyage in reshaping the landscape of international shipping in Pakistan.
The injection of capital is a pivotal moment for Voyage Freight’s ambition to innovate and simplify the logistics industry for Pakistani exporters. Leveraging advanced technology, the startup aims to offer a seamless end-to-end global shipping solution, marking a transformative shift in the export logistics process for Pakistan’s burgeoning trade market.
Indus Valley Capital, the lead investor in the funding round, expressed confidence in Voyage’s vision to streamline the complexities of traditional global shipping. By integrating cutting-edge technology and a customer-centric approach, Voyage Freight is uniquely positioned to provide a frictionless export experience, fostering enhanced connectivity for Pakistan to international markets.
Aatif Awan, founder of Indus Valley Capital, remarked, “Increasing exports is a burning problem for Pakistan, and an outdated, opaque global shipping experience remains a key impediment. Voyage’s vision of simplifying global freight for anyone in Pakistan, especially new and smaller exporters, really resonated with us. We’re excited to partner with them.”
At the core of Voyage’s strategic vision are its co-founders, Omar Mukhtar and Bilal Latif. With a diverse blend of expertise and backgrounds, they lead Voyage with innovation and efficiency in mind. Omar Mukhtar, an alumnus of University College London and the London School of Economics, brings over a decade of industrial and business acumen to the table. Bilal Latif complements the leadership duo with hands-on experience in logistics and operations within Pakistan’s industrial sectors.
“We are thrilled to have the support of our investors who share our vision of digitizing and simplifying the export shipping process,” said Omar Mukhtar, CEO and Co-founder of Voyage Freight. “This funding enables us to accelerate our mission of providing Pakistani exporters with a one-stop digital platform that manages their logistics needs from origin to destination, with complete transparency, visibility, and control.”
Pakistan, with its strategic geographical position and growing manufacturing sectors, holds immense potential for export growth. However, traditional freight forwarding processes face challenges such as lack of transparency, visibility, and complex customs procedures, contributing to inefficiencies and increased costs.
Voyage Freight’s user-friendly digital platform directly addresses these issues, providing exporters with a one-stop solution for their logistics needs. The platform offers real-time visibility and control over cargo, ensuring a transparent, efficient, and cost-effective shipping experience. By simplifying logistics, Voyage aims to empower exporters to expand their reach and increase trade volumes, contributing to the economic vitality of Pakistan.
“In the current global economy, the ability to export efficiently is crucial for the growth and competitiveness of industry,” added Omar Mukhtar. “Our aim is to democratize access to global markets for exporters, ensuring they have the tools to succeed and compete at an international level.”
The investment will be directed towards accelerating product innovation, scaling up operations, and expanding the talented team behind Voyage’s mission. With aspirations to become a key player in the MENA region’s logistics sector, Voyage Freight is establishing a strong foundation, starting with its innovative approach in Pakistan.