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Udhaar App

We're Khatabook / OkCredit for Pakistan

About

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 :)

Topics

FintechPayments
Location
Karachi, Pakistan
Team size
32 employees
YC batch
Winter 2021
Status
Active
Stage
Early stage

Similar startups & competitors

Questions and answers

What does Udhaar App do?

We're Khatabook / OkCredit for Pakistan

Where is Udhaar App based?

Karachi, Pakistan

How many people work at Udhaar App?

32 employees, according to the company profile.

Has Udhaar App raised money?

There are no funding rounds for Udhaar App in our data.

What are the alternatives to Udhaar App?

Similar startups: Razorpay, Wave, and Kapital Bank.