(14th November) Alibaba-acquired C-suites building "Rappi for Pakistan"
++ Airbnb alum building platform to manage, discover, & trade everything from crypto to stocks to shoes.
Welcome to the 54th edition of the Geeks Of The Valley (GOTV) Newsletter, where we curate interesting early-stage/pre-funded companies every week. If you enjoy and want to keep abreast with insights and interesting early-stage startups before they go big, subscribe to this newsletter ✌️.
Geeks of the week
Startup Name: Krave Mart (Raising; Please reach out for introduction)
Geography: Pakistan
One-liner: Rappi for Pakistan.
Founder(s) Background: Chief Customer Officer @ Daraz (Alibaba-acquired), Head of Product, Ops & Logistics @ foodpanda (Delivery Hero-acquired).
Raised $$ / Backed By (Public Source): $6m pre-seed; Raised from JAM Fund, Global Founders Capital, Saison Capital, Zayn Capital, YC and strategic angels.
Key Tractions:
800k MAU
$10m Annualized GMV
AOV $7.3 & Retail margins 23%
Startup Name: Tyger Brands (Raising pre-seed; Please reach out for introduction)
Geography: Southeast Asia
One-liner: Building lifestyle brands in Southeast Asia.
Founder(s) Background: Senior Engagement manager @ Mckinsey, Head of Ops @ foodpanda
Raised $$ / Backed By (Public Source): Senior Executives @ Rappi, Mckinsey, Uber, Klarna, Coca-Cola, Faire and Family Office.
Key Tractions:
Annualized Revenue Run Rate - $1.8m
Annualized GMV - $2m
150k MAU
Startup Name: Roi
Geography: US
One-liner: Manage, discover, & trade everything from crypto to stocks to shoes.
Founder(s) Background: Staff designer & Software engineer @ Airbnb.
Raised $$ / Backed By (Public Source): Seed-stage; Raised from Spark Capital, Google’s Gradient Ventures, Balaji Srinivasan, Kevin Durant, 500 Startups, Stripe, AirAngels, Contrary Capital, and operators from top funds/companies.