FindMyAdventure, Karachi based travel platform has raised $600,000 in a pre-series A round from a consortium of local and international investors.
FindMyAdventure that was found in 2016 by 4 young passionate Pakistanis, started their journey as an online platform enabling users to book travel experiences from different travel operators across the country. Now, in 2020, it has expanded into rentals, luxury tourism, and digital experiences and proved out to be a successful platform, announced in a statement today to MENAbytes.
Pakistan had been through a lot of crises since the outbreak of COVID-19 and so travel startups also suffered, FindMyAdventure also struggled during the pandemic.
Later on, when the government resumed all activities in the country and domestic travel re-opened after months, FindMyAdventure resumed its operations and now they claim to be one of the only travel aggregators in whole Pakistan that especially focused on the safety of the travelers. It provides all travelers the safety kits by ensuring that all its partners enforce relevant SOPs.
“The team worked around the clock to develop contingency plans and became one of the first companies to expand into digital tourism and experiences within Pakistan,” said the startup in a statement adding that it managed to regain its market relevance and brand presence with the help of this move.
The startup in a statement said that its sales have skyrocketed since it resumed operations, without sharing further details, “Although things weren’t where they were supposed to be by this time of the year, they were certainly getting there,” noted the statement
Komail Naqvi, the founder and CEO of FindMyAdventure, commenting on the occassion, said, “The faith which expatriate angels have shown in Pakistani tourism and us, is what has brought FMA here. Without their support, and the dedication of our team, the business would not have survived this hit.”
Muhammad Ovais Yousuf, the Chairman of Board of Directors at FindMyAdventure, said, “In early March 2020, we were faced with a difficult choice, either to challenge ourselves, be confident in the country and our team’s resilience or to take an easy route of winding down. We certainly took the right decision. I am very excited to see the progress that FMA has achieved in digitization, team building, product development and truly believe that its just the beginning, not only for us at FMA, but the start-up scene in the country as a whole.”
The startup said that the new investment marks a turning point for it, “With an appetite for innovation and a newfound faith in the team that stuck around through trying times, FMA now aims to digitize the tourism landscape of Pakistan, educate, empower and integrate thousands of underutilised service providers into the mainstream tourism ecosystem.”
Their big plans include recruiting 100,000 employees across the country by 2022.