Pakistan’s fashion startup raises $2.4m in Pre-Series A round

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RIYADH: Pakistan-based fashion e-commerce startup Clicky has raised $2.4 million in a pre-Series A round led by early-stage investors in UAE and Pakistan, Magnitt reported. 

The startup aims to use the newly acquired funding to scale its private-label product, through working directly with manufacturers and fashion designers. 

Clicky, founded in 2016, offers fast fashion products with a focus on apparel, footwear, and accessories, working with diverse local manufacturers and International bands. 

The fashion startup has been experiencing growth of over 20 percent month-on-month and a fourfold business growth in less than a year, following Fatima Ventures and Souq’s investment in earlier rounds.