Pakistan-based tech-driven fashion startup, LAAM Technologies, has successfully secured $5.5 million in seed funding to elevate its platform and bring South Asian fashion to the global stage. The funding round was co-led by Zayn Venture Capital (Zayn VC) and Disrupt.com, with participation from notable investors, including Graph Ventures, Mentors Fund, and industry leaders from Oracle, Microsoft, Google, and Salesforce.
Commenting on the milestone, Faisal Aftab, Managing Partner at Zayn VC, expressed enthusiasm for the startup’s vision. “LAAM’s ability to elevate South Asian fashion onto the global stage while empowering local artisans and sellers is commendable. We believe LAAM has a unique opportunity to transform how South Asian fashion is perceived and accessed globally. We’re proud to support their journey,” he stated in a LinkedIn post.
LAAM Technologies has positioned itself as the premier platform for South Asian fashion, boasting a curated collection of over 100,000 products from more than 1,000 brands. This accomplishment makes it the largest platform of its kind globally.
The development signals a potential rebound in Pakistan’s startup ecosystem after a challenging period. Investment in the sector had declined to $74 million in 2023, a sharp drop from the record $355 million in 2022. However, stakeholders are optimistic about the future.
Danish Elahi, CEO of Elahi Group of Companies, remarked, “I am bullish for startups in 2025.” He attributed the optimism to Pakistan’s improving economic stability, including a deceleration in inflation and reductions in interest rates, which are likely to enhance the investment climate. He predicted significant growth in logistics and fintech startups in the coming years.
In its LinkedIn post, LAAM Technologies highlighted its commitment to building Pakistan’s e-commerce ecosystem by leveraging cutting-edge technology to create a seamless, efficient, and scalable online marketplace.
LAAM’s successful funding round underscores growing investor confidence in Pakistan’s startup ecosystem and its potential to impact global markets. By bridging local artisans with global consumers, the company is set to redefine how South Asian fashion is accessed worldwide.
