Indus Valley Capital is a Pakistan-focused early-stage venture capital firm founded by former LinkedIn VP Growth Aatif Awan. It backs Pakistani startups and Pakistani-origin founders building transformative companies, often as the first institutional investor.
Deal activity decreased year-over-year (1 deal in the last 12 months vs 2 prior). Their most common stage is seed (41% of deals). Average disclosed round size is $21.0M (across 27 rounds with reported amounts).
Portfolio
17
Fund Size
$17.5M
Top Stage
Seed
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
29 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Uplift AI, Inc | Seed | $3.5M | Jan 2026 |
 Farmdar | Unknown | — | Nov 2025 |
 Colabs | Series A | $2M | Oct 2024 |
 Qist Bazaar | Series A | $3.2M | Sep 2024 |
| Qist Bazaar | Series A | $3.2M | Jan 2024 |
 QistBazaar | Series A | $3.2M | Jan 2024 |
 Paismo | Seed | $1.3M | Jan 2023 |
 RemoteBase | Seed | — | Oct 2022 |
 Markaz Technologies | Seed | $2.4M | May 2022 |
| Colabs | Seed | $3M | Mar 2022 |
| BBazaar Technologies | Series B | $70M | Mar 2022 |
| Markaz Technologies | Seed | $2.4M | Jan 2022 |
| BBazaar-tech | Unknown | $70M | Jan 2022 |
 Maqsad | Pre-Seed | $2.1M | Sep 2021 |
 Bazaar | Series A | $30M | Aug 2021 |
 Bazaar | Series A | $30M | Aug 2021 |
 Airlift | Series B | $85M | Aug 2021 |
| Bazaar | Seed | $6.5M | Jan 2021 |
| BBazaar Technologies | Seed | $6.5M | Jan 2021 |
 Marham | Seed | $1M | Jan 2021 |
| Maqsad | Pre-Seed | $2.1M | Jan 2021 |
| Airlift | Series B | $85M | Jan 2021 |
| Bazaar | Seed | $6.5M | Jan 2021 |
 AimFit | Seed | $1M | Sep 2020 |
| Bazaar | Series B | $70M | — |
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Top Co-Investors
Zayn VC9 shared
Wavemaker Partners9 shared
Alter Global7 shared
Acrew Capital7 shared
Tiger Global Management, LLC7 shared
Fatima Gobi Ventures6 shared
Endeavor5 shared
Next Billion Ventures5 shared
Gobi Partners5 shared
Dragoneer Investment Group5 shared
Global Founders Capital4 shared
British International Investment4 shared
Defy3 shared
Shorooq Partners3 shared
Saison Capital2 shared
Soma Capital2 shared
Moment Ventures2 shared
Y Combinator2 shared
Quiet Capital2 shared
Passion Capital1 shared
Last updated: 7 October 2026