Sarmayacar is an early-stage Pakistan focused venture capital fund and has previously invested from pre-seed to Series A stages.

For investments through the operator angel program, the typical cheque amount ranges from USD 25K to 100K. The operator angel program is a program aimed at supporting early-stage founders through a combination of angel-sized checks from our fund and input from successful VC-backed Pakistani founder-operators within our portfolio. For investments outside the operator angel program, cheque amounts vary considerably given at minimum Sarmayacar maintains a 5% equity share. Single cheques in the past have been up to USD 2mn.

Sarmayacar typically keeps reserves for follow-on rounds and doubles down on the winners in its portfolio. We believe in acting as partners for the start-ups through the financing continuum.

Sarmayacar is sector agnostic - our current portfolio ranges from hospitality, logistics, e-commerce, agritech, fintech, gaming and edtech, etc. We believe digitization has the potential to reshape different industries and sectors.

We typically require a pitch deck highlighting the company’s vision, product proposition, market, founders' backgrounds and investment required before our call. This is so that our investment team has time to prepare before the call.

Whilst KPIs would vary depending on the stage of the start-up and industry it operates in, we like to see evidence of positive unit economics, capital efficiency and metrics that highlight the scalability of the model.

We like founders who believe in the mission and are passionate about the problems they're solving for. Any prior sector expertise which enables the founder(s) to understand the pain points they are targeting would be a positive.

We believe in playing the role of value-add investors. For us to be able to do that effectively, we typically take a Board seat with each investment. This allows us to engage in strategic decision making and bring a complementary skillset to the table.

Yes