Sarmayacar

Sarmayacar is a venture capital firm established in 2018, with its headquarters in Lahore, Pakistan, and additional offices in Amsterdam, London, and Vienna. The firm specializes in early-stage investments, focusing on sectors such as hospital management information systems, fintech, e-commerce, and music streaming. Initially launched as a seed fund syndicate, Sarmayacar has transitioned into a formal venture capital fund dedicated to supporting Pakistani startups, investing from seed stage up to Series B. The firm is known for its sector-agnostic approach, enabling it to invest in a diverse array of startups, including pre-revenue companies through its operator angel program, as well as providing larger investments for more established ventures.

Jehanzeb Irfan

Principal

Aman Nasir

Partner

Kash Rehman

Limited Partner

Rabeel Warraich

Founder and CEO

26 past transactions

Truckistan

Seed Round in 2023
Truckistan is a logistics platform focused on enhancing the efficiency and cost-effectiveness of shipping. The company offers features such as real-time tracking, customer dashboards, and account management, ensuring guaranteed transit times for its clients. Additionally, Truckistan provides software-as-a-service tools that facilitate routing, vehicle loading, and the implementation of RFID technology across the supply chain. Through these innovative solutions, Truckistan aims to help clients reduce costs while promoting environmentally sustainable transportation practices.

Aabshar

Seed Round in 2022
Aabshar specializes in AI-driven water-saving technology aimed at enhancing water conservation efforts. The company manufactures optimized nozzles designed to help users reduce water consumption while maintaining existing water pressure. These nozzles can be easily installed without the need for additional plumbing, making water-saving solutions accessible and efficient. Aabshar operates on a subscription model, providing real-time insights that empower communities and industries, particularly in water-stressed regions. By focusing on reducing utility costs, preventing water damage, and lowering CO2 emissions, Aabshar contributes to sustainable water management practices.

Revolving Games

Seed Round in 2022
Revolving Games, Inc. is a mobile game studio based in San Francisco, California, with an additional offshore studio in Asia. Incorporated in 2019, the company specializes in developing and marketing multiplayer and deep strategy games, focusing on creating immersive Web3 experiences for gamers. Revolving Games is dedicated to leveraging advanced technology to build scalable massively multiplayer online (MMO) games and engaging strategic sports titles. The team comprises industry veterans who have previously contributed to games that collectively generated over $3 billion in revenue. Through its innovative approach, Revolving Games aims to enhance the gaming ecosystem by delivering captivating gaming experiences that appeal to a wide audience.

OneLoad

Series A in 2022
OneLoad is a fintech product developed by EP Systems, a subsidiary of Systems Limited, focused on enhancing financial inclusion and access to digital payments in Pakistan. The company operates a digital wallet and payment platform that facilitates interoperability among various branchless banking services aimed at the mass market. By aggregating financial services under a single platform, OneLoad addresses the needs of the unbanked population, offering them innovative solutions to engage with the digital economy more effectively.

Linkstar

Pre Seed Round in 2022
Linkstar provides a vetted network of professional freelance marketers and influencers with experience at some of the best brands, startups and agencies, that can be accessed on demand and on a budget. Our matching algorithm selects the best talent for a business utilising 10 data points. Our talent also get access to a subscription based landing page that can be used to drive their own traffic for example via Instagram's link in bio eg. https://muneebtasneem.linkstar We provide matching services as well as managed solutions for clients where we provide an account manager to manage their Freelance team. We are on average 50% more cost effective than agencies and can save over a 100 hours of productivity spent on bad agency hiring.

Bykea

Venture Round in 2022
Bykea is an app-based platform operating in Pakistan that specializes in ride-hailing and logistics services, primarily utilizing bikes as its mode of transport. This approach allows Bykea to navigate congested streets and narrow alleyways more efficiently than traditional vehicles such as rickshaws or cars. The company offers a comprehensive online marketplace where users can book rides, access food and grocery delivery, and utilize payment services. Bykea's technology aims to provide affordable and reliable solutions to the transportation and logistics challenges prevalent in urban areas, while also enabling customers to track their driver-partners in real time through GPS.

Abhi

Series A in 2022
Abhi is a financial wellness platform based in Pakistan, founded in 2021, that focuses on providing salary advances to employees based on their accrued wages. The platform enables users to withdraw a portion of their earned salary directly into their bank accounts, thereby offering a solution to immediate financial needs without hidden charges. In addition to its salary advance services, Abhi supports employers by streamlining payroll processes and reducing the administrative burden on HR and finance departments. The company aims to enhance financial access and flexibility for employees while ensuring timely payments for employers, ultimately transforming the way individuals manage their finances.

Start Up Early

Pre Seed Round in 2022
Start Up Early is an educational platform based in Lahore, Punjab, founded in 2019, designed to enhance the learning experience for Pakistani youth. The platform focuses on helping students discover and pursue their passions through a diverse range of co-curricular courses. In addition to providing access to these courses, Start Up Early offers tools to manage student activities, facilitate communication with parents, and improve educational management. By enabling schools and teachers to enhance their skill-based educational offerings, Start Up Early aims to foster a well-rounded development environment for students, ultimately contributing to their personal and academic growth.

Jugnu

Series A in 2022
Jugnu is a B2B e-commerce marketplace focused on enhancing the livelihoods of small to medium-sized retailers in Pakistan. The company offers a user-friendly platform that connects brands directly with grocery stores, facilitating access to a diverse product catalog and transparent pricing. Through its services, Jugnu enables retailers to efficiently procure inventory and provides reliable next-day delivery for their orders. By streamlining the supply chain for grocery retailers, Jugnu aims to contribute positively to the local economy and empower businesses with essential financial services.

Linkstar

Pre Seed Round in 2022
Linkstar provides a vetted network of professional freelance marketers and influencers with experience at some of the best brands, startups and agencies, that can be accessed on demand and on a budget. Our matching algorithm selects the best talent for a business utilising 10 data points. Our talent also get access to a subscription based landing page that can be used to drive their own traffic for example via Instagram's link in bio eg. https://muneebtasneem.linkstar We provide matching services as well as managed solutions for clients where we provide an account manager to manage their Freelance team. We are on average 50% more cost effective than agencies and can save over a 100 hours of productivity spent on bad agency hiring.

oladoc.com

Seed Round in 2022
oladoc.com is an online healthcare platform based in Lahore, Pakistan, that connects patients with medical doctors and specialists. Founded in 2016 and rebranded from MyDoctor.pk in 2018, oladoc.com allows users to search for healthcare providers by specialty, location, satisfaction score, and waiting time, enabling them to book confirmed appointments free of charge. The platform serves over 500,000 patients each month and has more than 4,500 healthcare providers registered. In addition to appointment scheduling, oladoc.com offers various services, including home delivery of medicines, home lab testing, and nursing services. The company also provides a practice management solution for healthcare providers and hospitals, facilitating the management of appointments and patient records. Through its services, oladoc.com aims to make healthcare more accessible, transparent, and affordable for the masses in Pakistan.

Abhi

Seed Round in 2021
Abhi is a financial wellness platform based in Pakistan, founded in 2021, that focuses on providing salary advances to employees based on their accrued wages. The platform enables users to withdraw a portion of their earned salary directly into their bank accounts, thereby offering a solution to immediate financial needs without hidden charges. In addition to its salary advance services, Abhi supports employers by streamlining payroll processes and reducing the administrative burden on HR and finance departments. The company aims to enhance financial access and flexibility for employees while ensuring timely payments for employers, ultimately transforming the way individuals manage their finances.

Jiye Technologies

Pre Seed Round in 2021
Jiye Technologies operates as a B2B agricultural marketplace, facilitating direct connections between farmers and retail markets. It employs technology to streamline the supply chain, addressing common issues such as inefficiencies and irregularities. By doing so, Jiye enables farmers to secure fair economic value for their produce.

Abhi

Seed Round in 2021
Abhi is a financial wellness platform based in Pakistan, founded in 2021, that focuses on providing salary advances to employees based on their accrued wages. The platform enables users to withdraw a portion of their earned salary directly into their bank accounts, thereby offering a solution to immediate financial needs without hidden charges. In addition to its salary advance services, Abhi supports employers by streamlining payroll processes and reducing the administrative burden on HR and finance departments. The company aims to enhance financial access and flexibility for employees while ensuring timely payments for employers, ultimately transforming the way individuals manage their finances.

TruckSher

Acquisition in 2021
TruckSher operates a digital freight booking platform that facilitates seamless connections between fleet operators, carriers, and shippers. The platform enables shippers to easily book cargo loads for transportation through an intuitive digital interface. By utilizing data and advanced technology tools, TruckSher efficiently routes incoming load requests to suitable fleet operators, ensuring timely and hassle-free deliveries. This service allows businesses to benefit from competitive rates while simplifying the logistics process with just a few clicks.

Bykea

Series B in 2020
Bykea is an app-based platform operating in Pakistan that specializes in ride-hailing and logistics services, primarily utilizing bikes as its mode of transport. This approach allows Bykea to navigate congested streets and narrow alleyways more efficiently than traditional vehicles such as rickshaws or cars. The company offers a comprehensive online marketplace where users can book rides, access food and grocery delivery, and utilize payment services. Bykea's technology aims to provide affordable and reliable solutions to the transportation and logistics challenges prevalent in urban areas, while also enabling customers to track their driver-partners in real time through GPS.

ProCheck

Seed Round in 2020
ProCheck is a technology company that specializes in Industrial Internet of Things (IIoT) and Artificial Intelligence (AI). It offers solutions to manufacturers aiming to enhance productivity, minimize environmental impact, and streamline operations. ProCheck's platform provides real-time visibility into factory operations via mobile devices, enabling proactive identification and resolution of unplanned downtimes and losses. Backed by prominent venture capital funds, ProCheck serves Fortune 500 companies and leading local manufacturers across Southeast Asia (SEA) and the Middle East, North Africa, and Pakistan (MENAP), with a presence in eight countries.

Revolving Games

Seed Round in 2019
Revolving Games, Inc. is a mobile game studio based in San Francisco, California, with an additional offshore studio in Asia. Incorporated in 2019, the company specializes in developing and marketing multiplayer and deep strategy games, focusing on creating immersive Web3 experiences for gamers. Revolving Games is dedicated to leveraging advanced technology to build scalable massively multiplayer online (MMO) games and engaging strategic sports titles. The team comprises industry veterans who have previously contributed to games that collectively generated over $3 billion in revenue. Through its innovative approach, Revolving Games aims to enhance the gaming ecosystem by delivering captivating gaming experiences that appeal to a wide audience.

Dot & Line

Seed Round in 2019
Dot & Line is an alternative learning environment focused on enhancing educational outcomes for primary and middle school children in Pakistan. The organization develops scalable and low-cost after-school learning programs that emphasize foundational mathematics and literacy skills. By fostering curiosity and encouraging experimental learning, Dot & Line seeks to cultivate critical thinking among students. Additionally, the company creates opportunities for women to earn dignified incomes by providing them meaningful employment in educational roles, thereby contributing to both economic and educational development in the community. Through its innovative approach, Dot & Line aims to significantly improve learning outcomes for children while empowering local educators.

Dot & Line

Seed Round in 2019
Dot & Line is an alternative learning environment focused on enhancing educational outcomes for primary and middle school children in Pakistan. The organization develops scalable and low-cost after-school learning programs that emphasize foundational mathematics and literacy skills. By fostering curiosity and encouraging experimental learning, Dot & Line seeks to cultivate critical thinking among students. Additionally, the company creates opportunities for women to earn dignified incomes by providing them meaningful employment in educational roles, thereby contributing to both economic and educational development in the community. Through its innovative approach, Dot & Line aims to significantly improve learning outcomes for children while empowering local educators.

Bykea

Series A in 2019
Bykea is an app-based platform operating in Pakistan that specializes in ride-hailing and logistics services, primarily utilizing bikes as its mode of transport. This approach allows Bykea to navigate congested streets and narrow alleyways more efficiently than traditional vehicles such as rickshaws or cars. The company offers a comprehensive online marketplace where users can book rides, access food and grocery delivery, and utilize payment services. Bykea's technology aims to provide affordable and reliable solutions to the transportation and logistics challenges prevalent in urban areas, while also enabling customers to track their driver-partners in real time through GPS.

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.

ProCheck

Seed Round in 2017
ProCheck is a technology company that specializes in Industrial Internet of Things (IIoT) and Artificial Intelligence (AI). It offers solutions to manufacturers aiming to enhance productivity, minimize environmental impact, and streamline operations. ProCheck's platform provides real-time visibility into factory operations via mobile devices, enabling proactive identification and resolution of unplanned downtimes and losses. Backed by prominent venture capital funds, ProCheck serves Fortune 500 companies and leading local manufacturers across Southeast Asia (SEA) and the Middle East, North Africa, and Pakistan (MENAP), with a presence in eight countries.

Patari

Seed Round in 2016
Patari is a Pakistani music streaming platform, offering a vast collection of local music. It provides users with real-time access to their favorite Pakistani artists, enabling them to discover, listen, and share music, as well as create and manage playlists.
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.