LAAM Raises $5.5 Million Seed Funding to Scale South Asian Fashion Globally

LAAM Raises $5.5 Million Seed Funding to Scale South Asian Fashion Globally

By Staff Writer 13 December 2024
A man wearing a blue polo shirt with a small logo standing in front of a blurred background.

Arif Iqbal, LAAM CEO

Pakistan-based e-commerce platform LAAM Technologies has raised $5.5 million in a seed funding round led by Disrupt.com and Zayn VC, with additional support from Graph Ventures, Mentors Fund, and tech leaders from Oracle, Microsoft, Google, and Salesforce.

The funding will help LAAM expand its platform, spotlight regional artisans, and showcase South Asian ethnic fashion to a global audience. Currently selling in over 100 countries, LAAM’s top markets include the US, Canada, the UK, the Middle East, and Pakistan. The platform’s AI-driven technology enhances product discovery and logistics, bridging the gap between global consumers and authentic South Asian craftsmanship.

Arif Iqbal, CEO of LAAM Technologies, stated, “At LAAM, we bring the best of South Asian fashion to the world. We’re combining cutting-edge tech with the timeless appeal of South Asian craftsmanship, creating a seamless connection between global consumers and authentic ethnic fashion. This funding empowers us to scale our platform, enhance our AI-driven discovery and logistics capabilities, and continue empowering local sellers to thrive in the digital age.”

Faisal Aftab, Managing Partner at Zayn VC, praised LAAM’s ability to elevate South Asian fashion globally while empowering artisans, while Aaqib Gadit, Founding Partner at Disrupt.com, highlighted the team’s vision and technology-driven approach to reshaping global access to ethnic fashion.

By merging cultural heritage with advanced e-commerce, LAAM supports over 10,000 families and continues to play a key role in promoting South Asian fashion.

Source: Startup Rise Asia

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