DigiKhata Raises $2 , a Faisalabad-based fintech, and part of Telenor Pakistan’s computerized gas pedal program, Velocity, has raised a speculation of $2 million.
Dispatched early last year, the startup has effectively acquired over 1,000,000 clients in Pakistan. It offers a total monetary check and equilibrium answer for little and miniature organizations to carefully keep up with their records and records.
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Digi Khata application’s remarkable knowledge into Pakistani business has effectively acquired it $2 million from China’s MSA Capital, UAE’s Shorooq Partners, SOSV, and a few other private backers. Established by Adnan Aslam in 2020, Digi Khata helps Pakistani miniature, little and medium ventures to save time and decrease exchange credit misfortunes by helping them to recollect and recuperate it quicker through mechanized cautions.
Having distinguished the requirement for solid versatile bookkeeping, Adnan Aslam fabricated Digi Khata with the desire to digitalize Pakistan’s restricted and miniature organizations by giving them simple, easy to use admittance to their records readily available, and settle on better-educated dynamic.
Intended to encourage a climate of advancement and joint effort, Telenor Velocity has been attributed with empowering Pakistan’s tech new companies to kick off something new in computerized item and administration contributions, scaling them to incredible statures. Dispatched in 2016, the gas pedal needs to date directed 6 companions, with 32 graduated new companies, 4+ pilot runs, and $40,000 pilot speculation.
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Head Operating Officer Telenor Pakistan Khurrum Ashfaque said on the event:
To see an organization that has been a piece of our inventive and startup network fill in a brief time frame is an inclination of extraordinary fulfillment and pride. The prompt accomplishment of Digi Khata is confirmation of the adequacy of difficult work and commitment, blended in with the right direction and assets by Velocity. I’m certain this is just the start of the organization’s excursion to turning into a commonly recognized name in portable monetary administration
Telenor Velocity works with new companies like Digi Khata in giving them scaling openings and restrictive admittance to Telenor Pakistan’s assets, similar to its APIs, information examination, retail network among different advantages. This permits new businesses to set out the open doors important to manufacture key organizations in the more drawn out run, very much like Digi Khata – its clients would now be able to make and get consistent installments from inside the Digi Khata application, because of the Easypaisa API.
President Digi Khata Adnan Aslam remarked:
Our organization has developed marvelously, on account of the direction and backing of Telenor Pakistan’s Velocity program. With this round of financing, we are hoping to scale our group and keep building top notch utility answers for assist these MSMEs with producing monetary esteem and develop
After the quick accomplishment of Digi Khata, the organization likewise dispatched a web based business stage, Digi Dokaan, that permits seeking on the web merchants to dispatch their stores and sell items for nothing. Telenor Pakistan has likewise made accessible its SMS APIs to create instant messages from the DigiKhata application while offering something similar for Digi Dokaan, too.
