Cheetay Logistics (Pvt.) Ltd. announced on Monday that leading software house Arbisoft has made a strategic investment in Cheetay; Yasser Bashir, Co-founder and CEO Arbisoft, to join the Executive Committee of the Board.
Yasser Bashir has worked in tech and software development for over 25 years. He holds a Masters degree in Management Science and Engineering from Stanford University.
“I am excited to be partnering with Cheetay Logistics and joining the Executive Committee of the Board,” said Bashir. “I look forward to coupling Arbisoft’s expertise in designing sophisticated and complicated optimization algorithms and consumer software with Cheetay’s capabilities. Through our collaboration, we hope to launch the next generation of logistics companies in Pakistan.”
Arbisoft was founded in 2007. It is a cutting-edge technology firm that specializes in creating web applications, mobile apps, and data mining techniques to offer customized digital solutions to its multinational client roster.
“It is a privilege to receive interest from one of the premier software houses in Pakistan,” said Majid Khan, the CEO of Cheetay. “We are very excited to welcome Yasser Bashir to the Executive Committee of the Board and I look forward to benefiting from his guidance and working together.”
Cheetay is Pakistan’s largest and fastest growing tech-enabled, last mile logistics company that recently raised $7.8 million in a Series A round. It operates in the NOW-Commerce space with primary focus on delivering food, household essentials, parcels and pharmaceuticals. Cheetay’s vision is to lead Pakistan’s tech revolution by developing and harnessing local talent while improving the lives of countless Pakistanis by creating employment opportunities in the country.
The company currently operates in Lahore, Karachi, Islamabad and Rawalpindi. Cheetay was recently awarded three of the most prestigious awards at the P@sha ICT Awards 2019 for the Best Startup, Best Logistics Supply Chain and Best Digital Marketing & Advertising.