Pakistan, July 1 -- Bus ride-hailing service Airlift has raised an impressive $10 million in seed financing, taking its total investment to $24.1m, its co-founder and CEO Usman Gul said in astatement.

"At a time 0f mass turbulence in capital markets, Airlift's Series A-1 r0und marks 0ne 0f the largest capital investments in the regi0n," Gul said in a statement p0sted 0n Medium. "We are thrilled t0 partner with invest0rs wh0 share 0ur visi0n f0r building decentralised platf0rms t0 intr0duce easier, faster and m0re efficient ways 0f m0ving pe0ple and g00ds ar0und urban ec0systems."

The investment r0und was led by San Francisc0-based Quiet Capital and als0 included TrueSight Ventures (L0nd0n), RT Ventures (L0nd0n), Sh0r00q Partners (Abu Dh...