Bykea, Pakistan's largest network of motorbikes for transport, logistics and payments raises $5.7 million in Series A funding
Bykea.com
April 30, 2019

Bykea, a technology platform for on-demand transport and related services, announced today that it has completed a $5.7 million Series A round of financing from Pakistan’s first VC fund Sarmayacar and institutional investors from South East Asia and the Middle East. The financing will be used to fund Bykea's expansion in ride sharing, express delivery and conversion of cash for digital use, for both consumers and businesses across Pakistan.


Attracting venture financing to Pakistan
Dawn
February 1, 2019

Bernhard Klemen, International Partner, Sarmayacar, talks about the steps Pakistan needs to take in order to attract venture capitalists.



Sarmayacar ready to back Pakistani tech startups with $30m fund
Dawn
November 9, 2018

Sarmayacar, a Netherlands-based early stage seed fund, announced on Friday the close of Sarmayacar Ventures, a $30 million venture capital fund geared towards supporting Pakistani startups. Founder and Chief Executive Officer Rabeel Warraich and international partner Dr Bernhard Klemen will lead the fund's investment of $100,000-$2m into companies focused on the technology and technology-enabled sectors, a press release issued by the company said.


SimPaisa Raises Rs. 25 million in Seed Financing From Sarmayacar
PROPAKISTANI
February 16, 2018

Sarmayacar, a syndicate of foreign investors to promote Pakistani startups has announced Rs. 25 millionSeed funding for SimPaisa which is Pakistan’s first direct carrier billing company, a product of PublishEx(Pvt.) Ltd. SimPaisa Raises Rs. 25 million in Seed Financing From Sarmayacar.


ProCheck Raises $250,000 in Seed Financing led by Sarmayacar
THE EXPRESS TRIBUNE
April 14, 2017

ProCheck, a startup focused on banishing fake drugs, has announced today that it has raised $250,000 in the seed financing round led by Sarmayacar and also joined by Pakathon/Elastica.



Music streaming service Patari raises $200,000 in seed investment
Dawn
December 31, 2016

Patari announced this Friday that it has secured $200,000 of seed stage funding from Sarmayacar, an investor syndicate. Patari, one of the most notable music streaming services in Pakistan, announced the investment details in a signing event in Lahore...