International Finance Corporation (IFC), a member of the World Bank Group, will invest $2.5 million in Sarmayacar, one of the first early-stage venture capital funds supporting tech-driven startups in Pakistan, to help boost entrepreneurship and spur economic growth.
For 24 years, Kauffman Fellows has continued to raise the bar in bringing together the most innovative minds in venture capital. Today we are excited to introduce you to Class 24, the next generation of Kauffman Fellows, who continue to push the program forward to new levels of excellence...
Dot and Line, an edtech start-up that developed a powerful after-school mathematics program, has raised six figure dollar funding in its Seed Round. Through their 50 active centres Dot & Line has already impacted hundreds of children and claim a 40% improvement in grades within 4 months of the program...
Recently we held our first Annual Summit (#SAS19) in Hunza where the entire Sarmayacar family came together for a 3-day experience that was designed to cultivate sharing and co-active learning with the magnificent Karakoram mountains in the background.
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.
Bernhard Klemen, International Partner, Sarmayacar, talks about the steps Pakistan needs to take in order to attract venture capitalists.
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.
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, 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.
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...