Airlift Technologies
Lahore-based on-demand mass transit and quick-commerce startup; YC-backed, raised $85 million before ceasing operations in 2022.
Profile
Airlift was founded in Lahore in 2019, accepted into Y Combinator's S19 batch, and raised $85 million — one of the largest fundraises in Pakistani startup history — from investors including First Round Capital, Harry Stebbings and Quiet Capital. It launched as an on-demand bus service before pivoting to quick-commerce grocery delivery. Despite shutting down in 2022 due to global VC contraction, Airlift is regarded as a landmark chapter in Pakistan's startup journey, demonstrating that Pakistani founders could raise at Silicon Valley valuations.
Sectorlogistics
Stageexited
Funding$85M raised (YC, First Round Capital)
Employees1000+ (at peak)
Founded2019