Shorooq Partners

Shorooq Partners, established in 2017 and headquartered in Abu Dhabi, operates as a venture capital firm with additional offices in Riyadh, Manama, Cairo, and Dubai. The firm specializes in early-stage investments and venture debt, focusing on sectors such as technology, fintech, game tech, climate, cleantech, cryptocurrency, and web 3.0. Shorooq Partners has successfully built a portfolio that has generated over $1.5 billion in equity value, supported by investments from some of the world's leading sovereign wealth funds.

Tamer Azer

Partner

Kunal Savjani

Managing Partner

Omer Zabit

Principal

Past deals in Pakistan

Colabs

Seed Round in 2022
Colabs is a leading collaborative workspace in Pakistan, designed to foster growth for individuals and businesses. The company focuses on inspiring collaboration, productivity, and innovation within its community. By providing essential resources and a supportive network, Colabs aims to help individuals realize their potential and encourages a culture of ambition and innovation among a new generation of change-makers. In addition to coworking spaces, Colabs offers various back-office solutions, including company registration, talent sourcing and management, payroll processing, and legal and tax compliance. This comprehensive approach allows businesses to streamline their operations, enabling them to concentrate on growth and success.

Tazah Technologies

Seed Round in 2021
Tazah Technologies operates an agricultural marketplace aimed at connecting farmers with businesses in Pakistan. The company focuses on creating a technology-enabled operating system for the food and agriculture supply chain, enhancing efficiency and transparency. By offering standardized quality and transparent pricing, Tazah facilitates mobile application orders, making it easier for businesses to engage with producers. This approach not only improves the overall functionality of the agricultural value chain but also seeks to enhance the lives of producers, businesses, and consumers alike.

PostEx

Seed Round in 2021
PostEx is a hybrid of receivables factoring solutions and courier services that pay invoice values upfront to e-commerce companies offering Cash on Delivery as one of their modes of payment.

KTrade

Series A in 2021
KASB Funds Limited is a privately owned investment manager. The firm also provides investment advisory services. The firm provides its services individuals, high net worth individual, pension funds, employee benefit funds, institutional investors, and corporations. It launches and manages equity, fixed income, and balanced mutual funds for its clients. The firm invests in the public equity and fixed income markets of Pakistan. It was founded in January 2005 and is based in Karachi, Pakistan. KASB Funds Limited operates as a subsidiary of KASB Bank Limited.

PostEx

Seed Round in 2021
PostEx is a hybrid of receivables factoring solutions and courier services that pay invoice values upfront to e-commerce companies offering Cash on Delivery as one of their modes of payment.

DigiKhata

Seed Round in 2021
DigiKhata is an innovative application designed for shopkeepers and businesses to streamline their bookkeeping and accounting processes. The app allows users to manage customer accounts with ease and provides a secure platform for tracking business transactions. It assists in maintaining both business and personal accounts, managing ledgers, and handling debit-credit transactions, including installment payments. DigiKhata also supports multiple currencies, enabling clients to manage various business ledgers and record transactions digitally from a single application. This comprehensive approach helps businesses maintain accurate financial records and simplifies the overall management of their finances.

Airlift (Logistics)

Series A in 2020
Airlift Technologies Pvt. Ltd. is a Lahore-based company that operates the Airlift mobile application, which facilitates a daily pick-and-drop service for commuters in the city. The app connects passengers with bus owners, providing a convenient and cost-effective transportation option. Airlift offers air-conditioned buses, making it a comfortable alternative to traditional modes of transport like rickshaws, while charging significantly lower fares. This service aims to enhance urban mobility by efficiently linking residential areas with commercial hubs across Lahore.

Enhance Ventures

Seed Round in 2018
Enhance Ventures is a venture builder based in Dubai, United Arab Emirates, focusing on developing web and mobile-enabled businesses in the Middle East, North Africa, Pakistan, and Turkey (MENAPT) regions. Founded in 2015, the company aims to create online platforms that provide life-enhancing products and services. Among its notable portfolio is joi, a leading online gift aggregator in the Middle East, which facilitates the selection and purchasing of gifts. Additionally, Enhance Ventures operates MEDIGO, a global marketplace for medical travel that streamlines the process of searching, booking, and arranging healthcare services abroad. The firm has attracted investment from various sources, including venture capital funds and prominent angel investors from the Middle East, Europe, and the United States.
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