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LOKAL logo — #StayLokal

LOKAL

#StayLokal

Founded 2020 Pakistan Karachi, Pakistan 191 employees Seed Total: $10.00M Hospitality, Travel and Tourism

General Information

Company Name LOKAL
Founded Year 2020
Location Pakistan Karachi, Pakistan
Employees 191
Industries Hospitality, Travel and Tourism
Funding Stage Seed
Social

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About LOKAL

LOKAL is a Pakistan-based startup founded in 2020, with the slogan #StayLokal. The company's mission revolves around enabling meaningful local experiences and uplifting local travel and communities. By championing local businesses and communities, Lokal aims to make every part of Pakistan accessible while promoting its unique and diverse local heritage. The startup focuses on transforming the local hospitality industry by establishing a stream of high-quality, standardized, and affordable hotel rooms across the country. In its most recent funding round on 17 May 2023, Lokal secured a $10.00M investment from Maydan Capital. The startup distinguishes itself by curating truly local experiences for its guests, offering locally sourced amenities, art, and recommendations on nearby local eateries and places to visit. Lokal's dedication to promoting local experiences aligns with the current trend of supporting community-based businesses, which may position the company favorably in the hospitality industry and attract further investor attention.

Business keywords: local travel, local experiences, local businesses, community upliftment, hospitality, standardized accommodations, local heritage promotion, tourism, Pakistan, diverse cultural experiences

Funding Rounds & Investors (1)

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Funding Stage Amount Investors Lead Investors Date
Seed Round $10.00M 1
Maydan Capital
17 May 2023

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FAQ About LOKAL

#StayLokal
LOKAL was founded in 2020.
LOKAL is headquartered in Karachi, Pakistan.
LOKAL operates in Hospitality and Travel and Tourism. Its work centres on local travel, local experiences, local businesses and community upliftment.
LOKAL has approximately 191 employees.
LOKAL has completed 1 funding round, raising a total of $10.00M. The latest funding stage is Seed.
Top alternatives and competitors to LOKAL include The Hosteller, NAVI Africa, Heny, Taj Hotels, V Resorts. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
LOKAL and The Hosteller are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for LOKAL, https://bouncewatch.com/company/lokal-1, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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