Sarmayacar

About

Sarmayacar is a venture capital firm investing in technology startups in Pakistan. It began as an angel syndicate, set up its first fund in 2018 and closed that fund at US$25 million in 2021, with IFC joining as an investor in 2019. The fund is sector-agnostic, investing in fintech, healthtech, logistics, agritech, edtech, mobility and e-commerce, among others. Fintech companies in its portfolio include OneLoad, Abhi Finance and Simpaisa, alongside companies such as Bykea, TruKKer and Dawaai. It backs pre-revenue companies through its Operator Angels Program, launched in 2021, and writes larger cheques for later-stage companies from its main fund.