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Udhaar App

Winter 2021Active

We're Khatabook / OkCredit for Pakistan

Save
Udhaar App logo

Udhaar App

Winter 2021Active

We're Khatabook / OkCredit for Pakistan

Save
Company details

We are a simple book-keeping app, to help 30M micro SMEs run their finances digitally.

I was visiting Pakistan. 1-day, asked our local store owner on plans for his next location. His response, 'never'.

Since business operations & money flow are manual, he worked 16 hours / 7 days to minimize theft. Zero time with family. We got obsessed with identifying how we can help small business owners run their business and have a life.

Everything in Pakistan is manual, store credit, sales, purchasing inventory, cash management, tax filings, payments, etc.

This idea got us hooked as it allows us to build a large company and have a huge impact on ~30M small businesses in Pakistan that contribute 74% of the overall GDP.

Explosion in 4G adoption (91M 4G subscribers, 720% growth in 5 years), is helping drive product market fit: i. >1M downloads ii. 4.6 star rating on Playstore & Appstore iii. MAUs & GTV: get in touch :)

Location
Karachi, Sindh, Pakistan; Sindh, Pakistan
Founded
Unknown
Category
Fintech
YC Directory Pageudhaar.pk
Founders
  • FK
    Fahad Kamr
    Founder
    LinkedIn
  • SW
    Shahjahan Warraich
    Founder
    X / TwitterLinkedIn

We are a simple book-keeping app, to help 30M micro SMEs run their finances digitally.

I was visiting Pakistan. 1-day, asked our local store owner on plans for his next location. His response, 'never'.

Since business operations & money flow are manual, he worked 16 hours / 7 days to minimize theft. Zero time with family. We got obsessed with identifying how we can help small business owners run their business and have a life.

Everything in Pakistan is manual, store credit, sales, purchasing inventory, cash management, tax filings, payments, etc.

This idea got us hooked as it allows us to build a large company and have a huge impact on ~30M small businesses in Pakistan that contribute 74% of the overall GDP.

Explosion in 4G adoption (91M 4G subscribers, 720% growth in 5 years), is helping drive product market fit: i. >1M downloads ii. 4.6 star rating on Playstore & Appstore iii. MAUs & GTV: get in touch :)

Location
Karachi, Sindh, Pakistan; Sindh, Pakistan
Founded
Unknown
Category
Fintech
YC Directory Pageudhaar.pk
Founders
  • FK
    Fahad Kamr
    Founder
    LinkedIn
  • SW
    Shahjahan Warraich
    Founder
    X / TwitterLinkedIn
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