ezWiFi secures Pre-Seed funding

ezWiFi allows businesses to supercharge their Wifi by offering customers free internet and charging companies to put ads on that offering.

2 mins read

ezWiFi has announced a six-figure USD Pre-Seed round led by Iffi Wahla from E42 Ventures with additional investments from angels like Naeem Zamindar

The Islamabad-headquartered startup is building the sharing-economy for WiFi by enabling brick-and-mortar stores to make money by offering their customers free WiFi.

According to a statement, ezWiFi has signed up and is providing free WiFi at more than 100 restaurants across the country including international brands like The Coffee Bean & Tea Leaf and Second Cup. It has also reportedly partnered with Unilever, L’Oreal and Jazz to provide its services at supermarkets, events and public areas.

Sher Ali Khan, ezWiFi’s Founder and CEO commented, “ezWiFi is a purpose-driven company. We are on a mission to connect the next billion and this funding round is an important milestone in our journey. With it, we have the resources to turbo-charge our growth and build a superstar team.“

Iffi Wahla, Managing Partner at E42 Ventures said, “We are looking to build our presence in Pakistan as we see tremendous potential in what is still a nascent startup ecosystem. ezWiFi has us excited because it offers an opportunity to connect the masses to high-speed Internet while providing value to businesses. With the right investment, not just capital, but with people and infrastructure, we believe ezWiFi has the capability to not only capture the local market but go global and E42 is delighted to be a part of the process.“

Naeem Zamindar, angel investor and Managing Partner at Neem Exponential remarked, “I love Sher’s vision and how he has created a business model and technology platform that has the potential to enable a billion users with access to the Internet but also enable restaurants, retailers, etc. to digitalize their businesses, marketing and finances over time.”

Along with the ability to make money from WiFi, the startup offers businesses a mobile and web application where they can view analytics, run promotions, build customer lists, collect feedback and manage multiple locations.

Data Darbar

Decoding Pakistan's Tech Sector

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