Rider, a tech-led last mile delivery partner for e-commerce retailers, has raised US$2.3 million in a seed round led by venture capital (VC) firm Global Founders Capital, Fatima Gobi Ventures and Asian Development Bank. TPL E-Ventures and Transhold also participated.

Pakistani e-commerce logistics startup Rider, backed by YCombinator, is looking into acquiring BlueEX the only listed Express Courier Logistics Company in Pakistan, it told Reuters on Thursday.