Seed

Series B

Series A

Pre-Seed

Pre-Series A

Karachi

Kalsoom Lakhani

Misbah Naqvi

Ailia Naeem

Ahmed Usman Moghis

If you're ready to take your business to the next level with i2i Ventures , we want to hear your pitch.

Investment in Startup

i2i Ventures: A key player in technology. Learn about their portfolio and funding focus at Lucidity Insights.

i2i Ventures

i2i Ventures is a investment fund of Invest2Innovate,we invest in early-stage high-growth and technology-enabled businesses in Pakistan.

Tel Aviv

Series C

Quantum Machines

Software

Quantum Computing

Quantum Machines develops advanced hardware and software solutions for the effective control and operation of quantum computers

Dubai

Pre-Series B

Abhi

Fintech

Lending

Financial Services

Apps

Employee Benefits

Founded with the vision of making financial access a right, ABHI is a neobank of the future that promotes financial inclusivity across emerging markets, evolving into a comprehensive suite of finance solutions, including Payroll Processing, Payroll Financing, and SME Financing.

Islamabad

Truck It In

Logistics

Freight Service

Transportation

Marketplace

SaaS

IT Services

IT Consulting

Transportation/Trucking/Railroad

Mobile Apps

Truck It In is a technology-driven logistics platform simplifying road freight in Pakistan by connecting shippers and truckers through efficient, digital solutions.

CreditBook

Small and Medium Businesses

Business Development

CreditBook is a digital platform that serves Pakistan’s burgeoning yet underserved Micro, Small, and Medium Enterprises.

Lahore

Tazah Technologies

Agriculture

Farming

Supply Chain Management

Information Technology

AgTech

Food and Beverages

Information Services

Supply Chain

Tazah Technologies is building a tech-enabled operating system to transform the agriculture and food value chain, aiming to improve outcomes for farmers, retailers, and consumers in Pakistan’s $60B+ agriculture sector.

Rider

E-Commerce

Shipping

Rider is an e-commerce logistics platform that provides fast, tech-enabled delivery, fulfillment, and shipment tracking solutions for online businesses.

Oraan

Finance

Women's

Oraan is a digital platform that empowers Pakistani women and their households by simplifying savings, investments, and budgeting through our innovative Oraan Committees and personalized coaching. We aim to provide an inclusive, secure, and user-friendly experience for women to take control of their financial lives.

Revora

Artificial Intelligence (AI)

Social Media

Automation

Customer Service

Sales Automation

Revora (formerly MyAlice) is an AI operating platform for e-commerce merchants that deploys automated sales layers to manage customer product matching and payment cycles.

Swag Kicks

Fashion

Online Shopping

Retail

Apparel

Sustainable

Supply Chain Technology

Swag Kicks is a platform that brings global sneaker and streetwear culture to Pakistan by offering authentic pre-loved fashion at affordable prices, making international brands accessible to local millennials and Gen Z.

Wilmington, Delaware

Tello Talk

Software Dev/Test

Messaging

Customer Experience

TelloTalk is Pakistan’s own robust and feature-rich communications platform created for scalable Peer-to-Peer and Business-to-Customers interactions.

ezBike

Electric Vehicle

Automotive

Battery

Manufacturing

ezBike (developed by Roamer) is an electric mobility company that converts petrol motorcycles into affordable electric vehicles and offers a battery‑as‑a‑service model to make adoption more accessible.

Metric

Accounting

The World's Most Founder-Friendly AI-Powered Financial Intelligence App tailored to Grow Your Business. Be it invoicing, tracking your expenses or knowing your cash flow; Metric saves you time, money and stress.

Edkasa

Education

EdTech

E-Learning

Impact Investing

Edkasa is a high‑growth edtech platform that delivers affordable, high‑quality education at scale through engaging content, live classes, and connected classroom solutions.

Mauqa Online

Consumer

Lahore-headquartered business-to-business fresh produce marketplace Tazah has raised $2 million in a pre-seed round co-led by Global Founders Capital and Zayn Capital, it announced on Wednesday. Ratio Ventures, Walled City Co., i2i Ventures, Suya Ventures, Globibest, Afropreneur‌ ‌Syndicate,‌ ‌+92‌ ‌Ventures,‌ ‌Sunu‌ ‌Capital,‌ ‌Musha‌ ‌Investments‌, Mezan Foods, and senior executives of Careem and Swvl also participated in the deal, noted the agritech startup in a statement, adding that the round was ‘massively oversubscribed’.

Founded a few months ago by former Careem executives Abrar Bajwa and Mohsin Zaka, Tazah is looking to solve inefficiencies in the agricultural supply chain of Pakistan by connecting farmers with businesses (and eventually consumers) and help them sell fresh produce to them through its tech-enabled platform. The startup has started with ginger, garlic, tomatoes, and onions, and plans to add more vegetables and also introduce fruits over the next few months.

Tazah raises $2 million pre-seed to solve inefficiencies in food and agri supply chain of Pakistan

Here we go 🔥🔥🔥

Super-pumped to announce the close of our $6.5M pre-seed round 🚀

Over the past four months, against all odds, we have been able to build a playbook for serving thousands of small businesses daily in a manner which simplifies their lives. We have been able to expand our footprint to multiple cities. We have been able to build the most mission-aligned team in the country that is throwing all it has to solve for the problems of millions of forgotten farmers/businesses. And in recognition for these baby steps, we have won the confidence of the most active investors in Pakistan and the region. As we close the $6.5M round - more money than the total investment in all other agtech startups combined — our responsibilities towards our farmers and businesses grow deeper. We don’t take this responsibility lightly and will only double down from here.

Thrilled to have Ali Mukhtar at Fatima Gobi Ventures co-lead the round. Given their massive footprint in the agriculture space in Pakistan, their involvement and insights will help us scale even faster. Also excited to have Ankur Nagpal at Vibe Capital (www.vibe.vc) co-lead the round bringing on board a decade of operator experience in startups in the US, along with his network. Also grateful for all our new investors including Shane Shin (شين شن) 유근 at Shorooq, Sarah Abu Risheh at Nuwa Capital, Allen Taylor & Yash Vardhan Kanoi at Alter Global, Julian Shapiro at Julian.capial, Kirill (Kyril) Kozhevnikov at Conjunction Capital, Sahil Bloom, Matthew Brezina, Siqi Chen, Usman Masood, Faaez Ul Haq, Earl Grey Capital (https://earlgrey.capital/) and Arif Lakhani & Alishan Jadhavji at K3 Diversity Ventures. 

Participation from existing investors including Tito Costa at Global Founders Capital, Faisal Aftab at Zayn VC, Kalsoom Lakhani & Misbah Naqvi at i2i Ventures, Shoaib Zahid Malik, Anees Khawaja, Youssef Salem, Zeeshan Hasib Baig, Omer Zabit, Muath Khlifawi & Rabii Malik was a cherry on the top.

Tazah's LinkedIn Post

Lahore-based B2B fresh produce marketplace Tazah Technologies has raised an additional $4.5 million in its pre-seed extension round, bringing the total pre-seed raise to $6.5 million.

Tazah’s initial pre-seed tranche of $2 million was raised in October. The extension round was co-led by Pakistan’s Fatima Gobi Ventures (FGV) and US-based Vibe Capital. 

The round was joined by Shorooq Partners, Nuwa Capital, Ru-net, Alter Global, Julian Capital, Kinnow Capital, Early Grey Capital and K3 Fund. The round also had participation from Silicon Valley based angel investors including Sahil Bloom, Siqi Chen, Matt Brezina, among others.

For Nuwa Capital, one of the largest funds in the Middle East, this will be their first investment into Pakistan. Existing investors including Global Founders Capital, Zayn Capital, i2i Ventures and notable angels also reinvested in the round.

Pakistan’s B2B agritech startup Tazah closes pre-seed round at $6.5m

A spokesperson from i2i Ventures has reached out to us to inform that the lead investor in TelloTalk is actually Spark Labs.

i2i Ventures, an early-stage investment fund with a focus on Pakistan-based technology companies, has announced its second investment in TelloTalk.

TelloTalk is a startup incubated at The Nest I/O that has developed an instant messaging application that allows people to exchange messages, interact in group chats, use push-to-talk feature for walkie-talkie functionality, and share images and files.

i2i Ventures is the first female-founded institutional fund that focuses on Pakistan-based technology startups. Cofounded by Pakistani-American social entrepreneur, Kalsoom Lakhani, and fintech and impact investing professional, Misbah Naqvi, i2i Ventures aims to support the innovative entrepreneurs of Pakistan by taking an impactful and unbiased approach for investing.

Spark Labs leads $1.6m investment in TelloTalk

TelloTalk, Pakistan’s homegrown messaging platform, announced that it has raised USD 1,600,000 in funding from a consortium of international and domestic investors. The Seed Round includes global venture funds ALM Holdings (UAE), SparkLabs FinTech (Asia), One Market Capital (USA) and Cocoon Ignite Ventures (Hong Kong), as well as local institutional investors TPL eVentures, and i2i Ventures.

TelloTalk Raises USD 15M Seed Round Funding for Pakistan’s First Homegrown Messaging App.

Rider, Pakistan’s first ever logistics start-up to be backed by YC, is building modern logistics for online sellers across the country. In doing so, the start-up has attracted the attention of investors and is today announcing a $3.1M funding with participation from YCombinator and new investors i2i Ventures, Flexport, Soma Capital and Rebel Fund. Existing investors Global Founders Capital, Fatima Gobi Ventures (FGV) and TPL E-ventures also joined the round which included notable angel Arash Ferdowsi (Dropbox Co-Founder). With this seed round, Rider has now raised a total of $5.4m since September 2021.

Rider takes off with $3.1M seed round to courier Pakistan businesses in to 21st century

Lahore-based edtech Edkasa has raised $320,000 in pre-seed funding led by i2i Ventures, it told MENAbytes today. The round was closed a few months ago but has been announced today. It also includes the participation of Walled City Co, Zayn Capital, and ‘strategic angel investors’ from Southeast Asia. Edkasa has also announced the launch of its exam preparation app for high school (matric and intermediate) students, which went live on Google Play Store earlier this week.

The company was started by Fahad Tanveer and Annum Sadiq, a husband and wife duo, after the realization that half of the student population that reaches high schools in Pakistan does not do well in their standardized tests and exams. They started Edkasa to fix this, “We empathize with the fact that parents, teachers, schools, and society at large have a lot of resources, time and effort vested in high-school students. We want to see students get top marks, continue their higher education, and increase our country’s knowledge-based economy,” stated Annum who leads education delivery at Edkasa.

Pakistani edtech Edkasa raises $320,000 pre-seed, launches exam prep app for high school students

ezBike, an electric mobility startup, announced on Thursday that it has raised $1 million in pre-seed capital to help accelerate Pakistan’s transition to electric vehicles (EVs).

Investors in the round included i2i Ventures, Walled City, GroundUp, and leading angels in the US, including a prominent tech billionaire, according to a statement that did not name the individual.

“The funds will be used to build a comprehensive ecosystem for electric two-wheelers, including an electric scooter assembly facility, low-cost lithium-ion battery production, and a network of battery swapping stations,” it said.

ezBike raises $1m in first pre-seed round by electric mobility startup

Digital accounting app Metric, which caters to small and medium businesses (SMBs) and startups, has raised $900,000 in pre-seed funding in an oversubscribed round, the fintech announced on Thursday.

Digital accounting app Metric raises $900,000 in pre-seed funding

Abu Dhabi: Abu Dhabi-headquartered AI fintech startup Metric has secured investment from A-typical Ventures to accelerate product development and expansion across the GCC and beyond, according to a press release.

The funding witnessed the participation of 500 Global, Hub71, i2i Ventures, Plus VC, Epic Angels, Oqal Angels, Accelerate Prosperity, and regional angel investors.

AI fintech Metric secures investment to drive business in GCC region

The startup announced today it has raised $3 million in funding, co-led by returning investor Zayn Capital and Wavemaker Partners, with participation from Resolution Ventures, i2i Ventures, Hustle Fund, Haitou Global, Plug and Play and angels like Claire Diaz-Ortiz, a former investing partner at Magma Partners and early Twitter employee.

Oraan raises $3M to increase financial inclusion among Pakistani women

Swag Kicks, a Pakistani sustainable fashion platform, has announced closing a seed round of $1.2M. The deal was led by i2i Ventures, with participation from Techstars Toronto, CrossFund, Rose Lake Ventures, Elevation Ventures, STAK Group plus some angels. They had previously raised money from SOSV and HOV at pre-seed. This is the first e-commerce deal in Pakistan in 2023, a far cry from $120M+ raised by the sector in Q1-2022.

“With 100K+ customers served, and over 25K listed items from sneakers, bags, apparel to accessories, Swag Kicks is bringing the global sneaker and streetwear culture to Pakistan by sourcing preloved fashion from across the world, washing and disinfecting, and listing it online on their platform,” said a press statement. As per Similarweb, their website had 128K visits in January with almost 75% of the audience between 18 and 24.

Swag Kicks scores $1.2M seed funding

Abhi, a Pakistan-based lending startup, has raised $17 million in a Series A funding round, bringing the company’s valuation to $90 million, Bloomberg reported Tuesday (April 19).

The funding comes amid an increase in investor interest in Pakistan, with companies in that country raising more than $350 million in 2021. PYMNTS reported on the wave in June, noting that Abhi was among its recipients, taking in $2.1 million in seed funding.

Abhi offers an alternative to people asking their family, friends or employer for money to tide them over until their next payday, according to the report. It also provides financing for small- to medium-sized businesses (SMBs) to help them meet working capital requirements.

“This is the first time you’re able to get this access in the country,” CEO Omar Ansari said in an interview with Bloomberg. “As people and smaller companies get this access then it becomes something they want to keep using.”

Abhi said in the report its app takes less than 30 seconds and two clicks for users to access funds — which are automatically deducted from the customer’s next paycheck — with a flat 2% fee.

Ansari oversaw two funds at Morgan Stanley and helped with early-stage investments for FinTechs in several countries, according to the report. He also served as an adviser to VEF, which focuses on FinTechs in emerging markets.

Abhi has increased its user count from 200,000 since its last funding round in 2021 to 650,000 while onboarding more than 150 companies. Ansari said users are accessing 15% to 20% of their monthly pay with the platform, the report stated.

The Series A was led by Speedinvest, with participation from Global Ventures, VentureSouq, VEF, Sturgeon Capital, Rallycap, FJ Labs, Fatima Gobi, Sarmayacar and i2i Ventures.

Lending Startup Abhi Valued at $90M After Series A Round

Karachi, Pakistan : Abhi, Pakistan’s first-ever financial wellness platform, enabling employees to access accrued salary in advance, announces the successful completion of a pre-Series A capital rise.

The fundraise was led by international venture capital (“VC”) firm Global Ventures and supported by VentureSouq, VEF, US-based VC firm Next Billion Ventures and Rally Cap. Also participating were regional VC firms - Sarmayacar and i2i Ventures.

The calibre of investors is testament to Abhi’s platform, which is transforming the way business facilitates employee’s cash needs. Proceeds will be used to support continued growth and meet overwhelming customer demand for Abhi’s platform.

Even with very low cash burn rates, and being set to achieve free cashflow positivity four months after launching - Abhi’s explosive growth and the market opportunity in Pakistan, is likely to lead to a further Series A funding in the near future.

Pakistan's first financial wellness platform, Abhi, completes pre-series A fundraise

Pakistani fintech startup CreditBook has raised $11 million in Pre Series A funding. The funding was led by American investment firm, Tiger Global Management, LLC and firstminute capital with participation from Better Tomorrow Ventures, Ratio Ventures, VentureSouq, i2i Ventures, Banana Capital, Sriram Krishnan and others.

Pakistani fintech startup CreditBook raises $11 million in funding round

CreditBook, a Pakistani fintech that helps micro-entrepreneurs digitise and keep records of their transactions, has raised $11 million in the latest round of funding, it announced in a statement on Friday.

Pakistani fintech CreditBook raises $11 million in latest funding round

Karachi-based fintech CreditBook has raised $1.5 million in a seed round, it told MENAbytes today. The investment came from a mix of local and international investors, with Pakistan’s BitRate VC and Dubai-based VentureSouq leading the round. Better Tomorrow Ventures, Ratio Ventures, and Toy Ventures participated in the round, marking their first investment in Pakistan. Quiet Capital, i2i Ventures, and angel investors including founders of Indonesia’s BukuWarung and Colombia’s Rappi were also part of the deal.

Exclusive: Pakistan’s CreditBook raises $1.5 million seed to digitize bookkeeping for small businesses

The Karachi-based company announced today that it has raised US$1.5 million seed funding from international and local investors.

Investors included Pakistan’s BitRate Venture Capital, VentureSouq from the United Arab Emirates, US-based Better Tomorrow Ventures, Ratio Ventures, Quiet Capital, Toy Ventures, and i2i Ventures. Chinmay Chauhan and Abhinay Peddisetty – founders of Indonesian digital bookkeeper BukuWarung – as well as Musha Ventures and Colombian delivery app Rappi also participated in this round.

i2i Ventures

Funding Deals, by Startup Growth Stage

Funding Deals, by Region

No. of Portfolio Companies

Total No. of Investments Globally, by Year

We Invest in Startups in the Following Stages

Statistics

Sectors we invest in

Top 6 sectors we invest in

Portfolio Companies
or Investments

Executive Team Members

i2i Ventures

Funding Deals, by Startup Growth Stage

Funding Deals, by Region

No. of Portfolio Companies

Total No. of Investments Globally, by Year

We Invest in Startups in the Following Stages

Statistics

Sectors we invest in

Top 6 sectors we invest in

Portfolio Companies or Investments

Executive Team Members

Portfolio Companies
or Investments