About Snapp Retail
Snapp Retail is a company based in Karachi (Pakistan) founded in 2021 by Adeel Rasheed, Ahsan Aziz, Moiz Ali, and Moazzam Ali Khan. Snapp Retail has raised $2.5 million across 1 funding round from investors including Antler, Century Oak Capital and BitRate Venture Capital. Snapp Retail offers products and services including Sales Register, Digital Payments, Inventory Management, Pricing Management, and Credit Khata. Snapp Retail operates in a competitive market with competitors including Recharge.com, Ebillinfo, GEPCO, MetroPCS Bill and Verizon Pay Bill, among others.
- Headquarter Karachi, Pakistan
- Founders Adeel Rasheed, Ahsan Aziz, Moiz Ali, Moazzam Ali Khan
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Sectors
RetailFinancial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$2.5 M (USD)
in 1 rounds
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Latest Funding Round
$2.5 M (USD), Seed
Sep 07, 2022
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Investors
Antler
& 2 more
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Employee Count
Not available
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Products & Services of Snapp Retail
Snapp Retail offers a comprehensive portfolio of products and services, including Sales Register, Digital Payments, Inventory Management, Pricing Management, and Credit Khata.
Tool to streamline sales processes and boost customer satisfaction.
Platform for easy mobile and utility bill payments through integration.
System to track and optimize stock, orders, and logistics efficiently.
Enables cost optimization and competitive pricing for profitability.
Manages credit transactions and accounts receivable for clarity.
People of Snapp Retail
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Leadership Team
2 people
Software Development Team
2 people
Product Management Team
1 people
COO Team
1 people
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Funding Insights of Snapp Retail
Snapp Retail has successfully raised a total of $2.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.5 million completed in September 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Snapp Retail
Snapp Retail has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Antler, Century Oak Capital and BitRate Venture Capital.
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Early-stage investing and founder support services are offered globally by Antler.
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Investor details for Snapp Retail
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Snapp Retail
Investment portfolio details for Snapp Retail
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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- Transaction dates
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Financial Statements - Snapp Retail
Detailed financials for Snapp Retail
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Snapp Retail Comparisons
Peer comparison for Snapp Retail
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Competitors of Snapp Retail
Snapp Retail operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Recharge.com, Ebillinfo, GEPCO, MetroPCS Bill and Verizon Pay Bill, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online utility bill payment platform for individuals
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Free online platform for checking electricity bills of Pakistani suppliers.
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Electricity distribution is provided by GEPCO across Punjab, Pakistan.
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An online platform for airtime bill payments.
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Functions as an online platform for individual bill payments.
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Detailed competitors of Snapp Retail
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Latest news on Snapp Retail
Complete news archive for Snapp Retail
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Frequently Asked Questions about Snapp Retail
Snapp Retail was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Snapp Retail is headquartered in Karachi, Pakistan. It is registered at Karachi, Sindh, Pakistan.
Snapp Retail is a funded company, having raised a total of $2.5M across 1 funding round to date.
Founded in 2021 and headquartered in Karachi, Pakistan, virtual store solutions are offered by Snapp Retail to support offline businesses in the retail sector. Inventory management, sales analytics, bill payment handling, card payment integration, stock ordering, retailer reward systems, and promotion tools are included in the software platform. Operations focus on enabling digital transitions for traditional retailers through these integrated features.
Snapp Retail's top competitors include Recharge.com, Ebillinfo and GEPCO.
Snapp Retail offers Sales Register, Digital Payments, Inventory Management, Pricing Management, and Credit Khata.
Snapp Retail has 3 investors. Key investors include Antler, Century Oak Capital, and BitRate Venture Capital.