SnappRetail provides POS devices and an end-to-end operations platform for inventory management, stock ordering and analytics to help small retailers digitize core store operations. The platform enables digital and card payments and offers access to microcredit for working capital. The company monetizes via a monthly retail fee and by selling retail sales data to large consumer goods manufacturers, with plans to add monetization through partnerships for loans, B2B aggregation and card payments. SnappRetail aims to expand to 1,000 customers and cover 13 cities by the end of 2024, targeting 300,000 of Pakistan’s 900,000 grocery retailers that account for 50% of grocery transaction volume. The startup was founded in 2021 by Adeel Rasheed, Moazzam Ali Khan, Ahsan Aziz and Moiz Ali; Rasheed and Khan have prior experience at consumer goods companies and the team previously ran a retail recruitment consultancy, Resource Linked.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

Sep 2022