CertCars, a startup incubated at The Nest i/o, get an investment of Rs 5 million on their graduation day from homeshopping.pk.
Loads of investors and mentors from special industries were asked to see the final pitches of the sixteen startups incubated at The Nest i/o in the previous four months. On the day of graduation, all startups catch an opportunity to pitch their product or service to potential capital and angel investors, mentors, and partners.
CertCars, one of the 16 startups in lot 5 that pitched on demonstration Day on May 23 held at The Nest i/o, received funds from homeshopping.pk to grow their business.
Shayaan Tahir by homeshopping.pk. Said,
“We saw big potential in CartCars.com and on the whole enthusiasm, the founders held to make this happen. The market is huge enough and all set for selling cars online in Pakistan if done correctly”
He continued and said, “Home Shopping has been in the eCommerce marketplace for around nineYears and shall be allocation the expertise to make sure that the founders have the shore up and resources required to become a leading brand in the automobile trade industry of Pakistan”.
Fahad Hasan, Founder of CertCars, was tremendously delighted to have the chance to pitch to investors at the graduation hosted by The Nest i/o. He remarked, “The investment includes equally financial and technical assistance where we will be using the on hand technology, team, office space of Homeshopping.pk to scale and develop our startup”.
CertCars is dedicated to redefining the existing customs of online buying and selling of automobiles in Pakistan given that both the vehicle seller and the buyer with a chance to put up for sale or buy a vehicle right from the relieve of their homes.
The Nest i/o was set up in a joint venture with global partners Google for Entrepreneurs and Samsung, and with at the bottom of a grant from the US State Department.
