Venture Souq

Founded in 2013 and headquartered in Dubai, Venture Souq is a venture capital firm focusing on early-stage investments. It primarily targets technology-focused companies, with a current emphasis on FinTech and ClimateTech sectors.

Maan Eshgi

General Partner

Sonia Gokhale

Co-Founder and General Partner

Suneel Gokhale JD

Co-Founder and General Partner

Musaab Hakami

General Partner, Fintech

Tammer Qaddumi

Co-Founder and General Partner

Sonia Weymuller

Co-Founder and General Partner

Past deals in Pakistan

Abhi

Series A in 2022
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.

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.

CreditBook

Seed Round in 2021
CreditBook is a digital platform in Pakistan that serves micro, small and medium enterprises with financial management tools. Originating as a bookkeeping app, it has expanded into a suite of financial solutions that enable underserved businesses to track pending payments, receive payment reminders, and record all transactions, helping owners make informed decisions. By digitizing core financial processes, the platform supports transparency and efficiency and enables small businesses to extend credit to customers quickly, improving cash flow across local markets in Pakistan.

Tajir

Series A in 2021
Tajir is an e‑commerce marketplace that connects small retailers with suppliers, enabling them to purchase FMCG products such as soft drinks, biscuits, shampoo, rice, and wheat through a mobile application. The platform provides transparent pricing, logistics support, and information tools to simplify the retail supply chain for mom‑and‑pop stores. Founded in 2018 and headquartered in Lahore, Pakistan, Tajir leverages its founder’s background in FMCG distribution to offer a streamlined procurement and delivery service for independent retailers.

CreditBook

Seed Round in 2021
CreditBook is a digital platform in Pakistan that serves micro, small and medium enterprises with financial management tools. Originating as a bookkeeping app, it has expanded into a suite of financial solutions that enable underserved businesses to track pending payments, receive payment reminders, and record all transactions, helping owners make informed decisions. By digitizing core financial processes, the platform supports transparency and efficiency and enables small businesses to extend credit to customers quickly, improving cash flow across local markets in Pakistan.

Tajir

Seed Round in 2020
Tajir is an e‑commerce marketplace that connects small retailers with suppliers, enabling them to purchase FMCG products such as soft drinks, biscuits, shampoo, rice, and wheat through a mobile application. The platform provides transparent pricing, logistics support, and information tools to simplify the retail supply chain for mom‑and‑pop stores. Founded in 2018 and headquartered in Lahore, Pakistan, Tajir leverages its founder’s background in FMCG distribution to offer a streamlined procurement and delivery service for independent retailers.

Dapi

Seed Round in 2020
Dapi Ltd is a fintech company that specializes in developing an open banking application programming interface (API) designed to facilitate seamless payment transactions between consumer bank accounts and businesses. Established in 2019 and based in Abu Dhabi, United Arab Emirates, Dapi provides a suite of APIs that enable real-time access to customer bank accounts, payment initiation, and financial data retrieval. This functionality allows developers to create a variety of financial applications, including digital wallets and budget trackers, while also enabling fintech companies to offer services based on bank statement data. Operating in seven countries, including the United States, Saudi Arabia, Egypt, Pakistan, South Africa, and Kuwait, Dapi has experienced significant demand for its services, achieving notable growth in annual recurring revenue.

Dapi

Seed Round in 2019
Dapi Ltd is a fintech company that specializes in developing an open banking application programming interface (API) designed to facilitate seamless payment transactions between consumer bank accounts and businesses. Established in 2019 and based in Abu Dhabi, United Arab Emirates, Dapi provides a suite of APIs that enable real-time access to customer bank accounts, payment initiation, and financial data retrieval. This functionality allows developers to create a variety of financial applications, including digital wallets and budget trackers, while also enabling fintech companies to offer services based on bank statement data. Operating in seven countries, including the United States, Saudi Arabia, Egypt, Pakistan, South Africa, and Kuwait, Dapi has experienced significant demand for its services, achieving notable growth in annual recurring revenue.

Frontier Car Group

Series B in 2018
Frontier Car Group is a Berlin-based startup focused on developing and operating used automotive marketplaces in emerging markets, including Nigeria, Mexico, Argentina, Colombia, Chile, Pakistan, and Indonesia. The company aims to simplify the process of buying and selling used cars through its online platform, which features a digital quote engine that provides instant pricing for vehicles. This technology not only enhances the efficiency of transactions but also facilitates quick vehicle inspections at designated locations. By leveraging innovative business models and infrastructure, Frontier Car Group is able to create value for all stakeholders involved in the used car market. Additionally, the company is engaged in joint ventures with OLX in India and Poland, further expanding its reach and impact in the automotive sector.
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