Udhaar App
We're Khatabook / OkCredit for Pakistan
Founders
Not read from YC yet; the weekly run fills these in.
Same space
Competitors
Closest in what they build, same category.
Adjacent
Overlapping tags, a different niche.
SafepayS20Digital payments for businesses in PakistanShared: fintechActive
OkCreditS18Simple and secure bookkeeping for Indian businesses.Shared: fintechActive
KhatabookS18Manage your ledgers and avail Financial Services like Lending on your…Shared: fintechActive
Mahaana WealthW22Mahaana is first & only licensed digital wealth manager in PakistanShared: fintechActive
TAGS21TAG is the First Digital Bank (Chime/Revolut/N26) for PakistanShared: fintechInactive
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Batchmates in Winter 2021.
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About Udhaar App
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 :)
Karachi, Sindh, Pakistan; Sindh, Pakistan
Udhaar App: questions
Which YC batch was Udhaar App in?
Udhaar App was in Y Combinator's Winter 2021 batch (W21).
Is Udhaar App still active?
Y Combinator lists Udhaar App as active.
Where is Udhaar App based?
Udhaar App lists Karachi, Sindh, Pakistan; Sindh, Pakistan as its location on YC's directory.
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