March 9: Menabytes report by Zubair Naeem Paracha states that Lahore-based ten-month-old remote talent startup Remotebase has raised $1.4 million in a seed round led by Pakistan-focused VC Indus Valley Capital (which closed its maiden fund with $17.5 million last week), it told MENAbytes today. Draper Associates, the VC firm of Tim Draper, US-based early-stage VC Hustle Fund, and some other investors also participated in the round. It is the first investment for both Draper Associates and Hustle Fund in a Pakistani startup.
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Exclusive: Remotebase raises $1.4 million seed to connect Pakistani software engineers with Silicon Valley startups
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