Latham Advises VEON on Dastgyr’s Series A

Cross-border team represents global digital operator of mobile connectivity and services.

June 16, 2022

Latham & Watkins has advised VEON Ltd., a global digital operator that provides mobile connectivity and services, on the US$15 million investment by its VEON Ventures division in the US$37 million Series A round for Dastgyr, a Pakistan-based B2B e-commerce marketplace platform. The transaction represents Pakistan’s largest Series A funding round to date.

Dastgyr offers businesses a one-stop-shop application that connects thousands of retailers with suppliers to give them access to real-time visibility on pricing and financing rates.

The Latham team was led by London corporate partner Mike Turner and associate Samantha Peacock, with Singapore law advice provided by Singapore associate Jonathan Wah.

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