Tech Company Financing Transactions
SnappRetail Funding Round
On 9/7/2022, SnappRetail announced $2.5 million in Seed financing from Zayn Capital, Antler and Century Oak Capital.
Transaction Overview
Company Name
Announced On
9/7/2022
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Seed
Investors
Proceeds Purpose
The funding will be used for product development, hiring and expanding SnappRetail to 1,000 customers, with the goal of covering 13 cities by the end of 2024.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
Plot 3C Sunset Ln. 4 DHA Phase 2 Ext
Karachi, Undisclosed
Pakistan
Karachi, Undisclosed
Pakistan
Phone
Website
Email Address
Overview
SnappRetail is a retail fintech company that aims to digitize the operations of traditional trade retailers. We use technology to provide them multiple possibilities to grow through our Micro Enterprise System (MES) that allows retail owners to perform multiple functions such as Sales Recording, Inventory Management, Credit Management, Stock Ordering, Analytics, Micro-lending, QR/Card payments and Micro-locality consumer commerce.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Adeel Rasheed
Chief Technical Officer
Moiz Ali
VP - Bus. Development
Moazzam Ali Khan
VP - Product Management
Ahsan Aziz
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