Next Billion Ventures

Established in 2018, Next Billion Ventures is a venture capital firm headquartered in Washington D.C. It focuses on investing in early-to-growth stage tech companies operating in emerging markets, with an emphasis on those that have a positive global impact.

Ruzgar Barisik

Managing Partner

Stevon D. Darling

Venture Partner

Ken Toyoda

Managing Partner

Past deals in Pakistan

Abhi

Seed Round in 2021
Abhi is a financial wellness platform based in Pakistan that enables employees to access a portion of their accrued wages as a salary advance. The service allows employees to withdraw funds into any bank account and supports on-demand payroll for employers, helping them pay staff timely and reduce HR and finance workload. The platform also offers features such as access to unpaid wages, invoice factoring and payroll processing, empowering employers with flexible wage payment options. Founded in 2021, Abhi seeks to redefine personal finance by giving workers more control over their earnings.

Bazaar Technologies

Series A in 2021
Bazaar Technologies is an online marketplace based in Karachi, Pakistan, that connects small and medium-sized retailers directly with wholesalers and manufacturers. Founded in 2020, the company aims to empower these retailers, who are essential to the country's retail economy, by providing them with a mobile app that offers a wide variety of goods from both local and international brands, as well as unbranded products. Retailers can place orders any day of the week, with the added benefit of free next-day delivery to their storefronts. In addition to its marketplace services, Bazaar Technologies has developed a bookkeeping platform that includes a calculator, cashbook dashboard, and account reports, helping businesses digitize their operations and enhance productivity.

Bazaar Technologies

Seed Round in 2021
Bazaar Technologies is an online marketplace based in Karachi, Pakistan, that connects small and medium-sized retailers directly with wholesalers and manufacturers. Founded in 2020, the company aims to empower these retailers, who are essential to the country's retail economy, by providing them with a mobile app that offers a wide variety of goods from both local and international brands, as well as unbranded products. Retailers can place orders any day of the week, with the added benefit of free next-day delivery to their storefronts. In addition to its marketplace services, Bazaar Technologies has developed a bookkeeping platform that includes a calculator, cashbook dashboard, and account reports, helping businesses digitize their operations and enhance productivity.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.