Sarmayacar

Sarmayacar is a venture capital firm focused on investing in early-stage startups in Pakistan. Founded in 2018, the firm initially began as a seed fund syndicate but has since transitioned into a dedicated venture capital fund. Sarmayacar typically invests in sectors such as hospital management information systems, fintech, e-commerce, and music streaming. Its investment strategy encompasses a range of financial stages, from seed funding to Series B rounds. The firm is headquartered in Amsterdam, Netherlands, and maintains additional offices in London, Lahore, and Vienna, facilitating its commitment to fostering innovation and growth within the Pakistani startup ecosystem.

Salman S. Chattha

Investment Associate

Bernhard Klemen

Partner

Rabeel Warraich

Founder and CEO

33 past transactions

PublishEX (SimPaisa)

Seed Round in 2018
PublishEX is the only Pakistani company to have become a viable multi telco payment aggregator with agreements and integrations ongoing with 3 of the 4 largest operators covering 85% marketshare of the total cell phone market in Pakistan. Our solution allows integration of over 100m subscribers to make payments online without requiring a bank account, credit card or having to go to carrier specific mobile wallets.

Revolving Games

Private Placement in 2019
Revolving Games is a San Francisco-based mobile game studio with an offshore studio in Asia. RG is working on cutting edge technology to develop scalable MMOs and Deep Strategy Games. Their team is consists of veterans who have worked on games that have generated over $3B in revenue. It was founded in 2019 and is based in San Francisco, California.

ProCheck

Seed Round in 2017
ProCheck is a health startup focused on patient engagement and banishing fake drugs.ProCheck had been a part of the first batch of Invest2Innovate, a startup acceleration program focused on impact based startups and also participated in Pakathon, a hackathon competition series that happens simultaneously in different cities of the world to tackle problems prevalent in Pakistan.

Abhi

Series A in 2022
Abhi provides employees salary advances based on accrued wages.

Bykea

Private Placement in 2020
They do not believe the future of cities is more clogged roads with cars. Congestion can be solved with more bicycles, motor bikes or electric bikes. Smartphones and two wheelers are the two most expensive assets owned by the majority of the people in the countries they operate in. Bykea brings technology to leverage these assets for optimal utility, to bring a source of income to a family otherwise bereft of the power of the internet to make a Livelihood. They are on a mission to help bring economic prosperity and the most efficient transport and logistics to emerging economies.

Jiye Technologies

Pre Seed Round in 2021
Jiye Technologies is a B2B Agri marketplace that connects farmers to retail markets.

Bykea

Venture Round in 2022
They do not believe the future of cities is more clogged roads with cars. Congestion can be solved with more bicycles, motor bikes or electric bikes. Smartphones and two wheelers are the two most expensive assets owned by the majority of the people in the countries they operate in. Bykea brings technology to leverage these assets for optimal utility, to bring a source of income to a family otherwise bereft of the power of the internet to make a Livelihood. They are on a mission to help bring economic prosperity and the most efficient transport and logistics to emerging economies.

oladoc.com

Seed Round in 2022
oladoc.com develops and operates an online healthcare platform that enables users to find doctors and specialists near them. The company's platform enables users to find and book confirmed appointments with medical doctors and specialists as a free service and maintain medical records. It also offers services, such as home delivery of medicine, home lab testing services, and nursing services at home. oladoc.com was formerly known as MyDoctor.pk and changed its name to oladoc.com in February 2018. The company was founded in 2016 and is headquartered in Lahore, Pakistan.

Dawaai

Venture Round in 2021
Dawaai is an online pharmacy for emerging Asia. From its beginning in Pakistan starting as one of the first technology-enabled pharmacies in the region, it is now on to disrupting healthcare in a big way and making it accessible to consumers. The company develops a one-stop platform which brings healthcare to consumers’ home across South Asia and MENA. Its offerings including ePharmacy platform with very reputable hospital partners, refill reminders, eLabs at home, online consultation, and its in house team of qualified healthcare professionals to provide advice as and when needed. Dawaai was founded in 2013 and is headquartered in Karachi, Pakistan.

Dot & Line

Private Placement in 2019
Dot & Line Pvt Ltd develops an online application that creates after-school mathematics program and connects teachers and students. The company helps teaching partners deliver the program and short courses through its learning product, which includes paper-based worksheets and an application. The company caters to children in elementary schools. Dot & Line Pvt Ltd was founded in 2015 and is based in Karachi, Pakistan.

Dot & Line

Private Placement in 2019
Dot & Line Pvt Ltd develops an online application that creates after-school mathematics program and connects teachers and students. The company helps teaching partners deliver the program and short courses through its learning product, which includes paper-based worksheets and an application. The company caters to children in elementary schools. Dot & Line Pvt Ltd was founded in 2015 and is based in Karachi, Pakistan.

Patari

Seed Round in 2016
Largest portal of Pakistani music under the sun. Prettier than Mathira, cooler than Meera, and so simple that your cat will be headbanging to Abida Parveen in no time.

Dot & Line

Seed Round in 2019
Dot & Line Pvt Ltd develops an online application that creates after-school mathematics program and connects teachers and students. The company helps teaching partners deliver the program and short courses through its learning product, which includes paper-based worksheets and an application. The company caters to children in elementary schools. Dot & Line Pvt Ltd was founded in 2015 and is based in Karachi, Pakistan.

Linkstar

Pre Seed Round in 2022
Savvy Technologies is a product-based IT company. We have 2 products; 1) A Freelance Marketplace - https://savvy.com.pk, https://savvy.ae 2) We have a product, Linkst.ar which allows you to create your own free, personal and instant webspace with payments, delivery integrations and discovery. This is targeted towards creators, influencers, freelancers and SMEs who want to get online quick and sell - https://linkst.ar

OneLoad

Series A in 2022
OneLoad is an online service that enables users to easily buy prepaid vouchers for all mobile companies, pay utility bills and transfer balance to others.

Bykea

Series A in 2019
They do not believe the future of cities is more clogged roads with cars. Congestion can be solved with more bicycles, motor bikes or electric bikes. Smartphones and two wheelers are the two most expensive assets owned by the majority of the people in the countries they operate in. Bykea brings technology to leverage these assets for optimal utility, to bring a source of income to a family otherwise bereft of the power of the internet to make a Livelihood. They are on a mission to help bring economic prosperity and the most efficient transport and logistics to emerging economies.

Dawaai

Private Placement in 2019
Dawaai is an online pharmacy for emerging Asia. From its beginning in Pakistan starting as one of the first technology-enabled pharmacies in the region, it is now on to disrupting healthcare in a big way and making it accessible to consumers. The company develops a one-stop platform which brings healthcare to consumers’ home across South Asia and MENA. Its offerings including ePharmacy platform with very reputable hospital partners, refill reminders, eLabs at home, online consultation, and its in house team of qualified healthcare professionals to provide advice as and when needed. Dawaai was founded in 2013 and is headquartered in Karachi, Pakistan.

Jugnu

Series A in 2022
Jugnu aims to uplift Pakistan’s economy by lighting up livelihoods of small to medium sized retailers via access to wider product catalog, transparent pricing, reliable service and financial services.

Dawaai

Venture Round in 2020
Dawaai is an online pharmacy for emerging Asia. From its beginning in Pakistan starting as one of the first technology-enabled pharmacies in the region, it is now on to disrupting healthcare in a big way and making it accessible to consumers. The company develops a one-stop platform which brings healthcare to consumers’ home across South Asia and MENA. Its offerings including ePharmacy platform with very reputable hospital partners, refill reminders, eLabs at home, online consultation, and its in house team of qualified healthcare professionals to provide advice as and when needed. Dawaai was founded in 2013 and is headquartered in Karachi, Pakistan.

Abhi

Seed Round in 2021
Abhi provides employees salary advances based on accrued wages.

TruckSher

Acquisition in 2021
TruckSher provides a digital freight booking platform that allows fleet operators/carriers and shippers to connect seamlessly. Our platform uses data and new-age tech tools to route any incoming load request to an appropriate fleet operator for effortless and timely delivery. Businesses can reap the benefits at a highly competitive rate, and with just a few clicks.

Revolving Games

Seed Round in 2019
Revolving Games is a San Francisco-based mobile game studio with an offshore studio in Asia. RG is working on cutting edge technology to develop scalable MMOs and Deep Strategy Games. Their team is consists of veterans who have worked on games that have generated over $3B in revenue. It was founded in 2019 and is based in San Francisco, California.

Dawaai

Private Placement in 2020
Dawaai is an online pharmacy for emerging Asia. From its beginning in Pakistan starting as one of the first technology-enabled pharmacies in the region, it is now on to disrupting healthcare in a big way and making it accessible to consumers. The company develops a one-stop platform which brings healthcare to consumers’ home across South Asia and MENA. Its offerings including ePharmacy platform with very reputable hospital partners, refill reminders, eLabs at home, online consultation, and its in house team of qualified healthcare professionals to provide advice as and when needed. Dawaai was founded in 2013 and is headquartered in Karachi, Pakistan.

Dot & Line

Seed Round in 2019
Dot & Line Pvt Ltd develops an online application that creates after-school mathematics program and connects teachers and students. The company helps teaching partners deliver the program and short courses through its learning product, which includes paper-based worksheets and an application. The company caters to children in elementary schools. Dot & Line Pvt Ltd was founded in 2015 and is based in Karachi, Pakistan.

Bykea

Private Placement in 2019
They do not believe the future of cities is more clogged roads with cars. Congestion can be solved with more bicycles, motor bikes or electric bikes. Smartphones and two wheelers are the two most expensive assets owned by the majority of the people in the countries they operate in. Bykea brings technology to leverage these assets for optimal utility, to bring a source of income to a family otherwise bereft of the power of the internet to make a Livelihood. They are on a mission to help bring economic prosperity and the most efficient transport and logistics to emerging economies.

Bykea

Series B in 2020
They do not believe the future of cities is more clogged roads with cars. Congestion can be solved with more bicycles, motor bikes or electric bikes. Smartphones and two wheelers are the two most expensive assets owned by the majority of the people in the countries they operate in. Bykea brings technology to leverage these assets for optimal utility, to bring a source of income to a family otherwise bereft of the power of the internet to make a Livelihood. They are on a mission to help bring economic prosperity and the most efficient transport and logistics to emerging economies.

ProCheck

Seed Round in 2020
ProCheck is a health startup focused on patient engagement and banishing fake drugs.ProCheck had been a part of the first batch of Invest2Innovate, a startup acceleration program focused on impact based startups and also participated in Pakathon, a hackathon competition series that happens simultaneously in different cities of the world to tackle problems prevalent in Pakistan.

Revolving Games

Seed Round in 2022
Revolving Games is a San Francisco-based mobile game studio with an offshore studio in Asia. RG is working on cutting edge technology to develop scalable MMOs and Deep Strategy Games. Their team is consists of veterans who have worked on games that have generated over $3B in revenue. It was founded in 2019 and is based in San Francisco, California.

Start Up Early

Pre Seed Round in 2022
Start Up Early is an education platform for Pakistani youth that helps them discover and pursue their passions through a wide variety of co-curricular courses. Start Up Early is headquartered in Lahore, Punjab and was founded in 2019.