Tricap Investments
Vision Tower, Business Bay, Sheikh Zayed Road, 12th Floor, Dubai, Northern Emirates, United Arab Emirates
Overview
Tricap Investments (Tricap) is a diversified principal investment group based in Dubai, UAE. Tricap sources develop, structure, and execute both direct and fund investments, and private equity transactions. We invest on behalf of our principals, shareholders, and partners.
- Total investments
- 2
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Asset Management
- Financial Services
- Impact Investing
Investment portfolio
- Shipsta
Led · Equity · Mar 2022
SHIPSTA automates shipping and freight procurement tasks, bringing digitisation and freight data to procurement teams. The platform connects shippers and carriers, offering full visibility into supply chains, data centricity and tools to control transportation costs. Founded in 2019 by Christian Wilhelm, Stefan Maratzki and Oliver Ritzmann, the company operates from Luxembourg and Germany. Since launch it has signed over 100 enterprise clients, about a third of which are Fortune 500 companies. SHIPSTA positions its product to replace manual procurement processes and help enterprises make better decisions using data and advanced analytics. The company raised $10 million to accelerate its global expansion.
- Dastgyr Technologies
Participated · Seed · Jul 2021
Dastgyr is a Pakistan-based B2B e-commerce marketplace led by co-founder Zohaib Ali. Its one-stop application connects thousands of retailers with suppliers, giving businesses real-time visibility on pricing and financing rates. Platform partners have included Coca-Cola, Nestle and Reckitt. In June 2022 the company closed a $15 million Series A to support growth. The new capital will fund expansion into 15 additional Pakistani cities beyond its existing network in Karachi, Lahore, Sialkot and Gujranwala. Dastgyr will remain an independent entity following the investment, with VEON Ventures taking a minority position. Dastgyr operates a mobile-first B2B marketplace that lets kiryana stores order inventory—over 2,000 SKUs currently—from multiple suppliers with next-day delivery in Karachi and Lahore. Founded in 2020 by former Careem and Airlift employees, the startup has an asset-light model: it does not hold inventory, instead routing supplier shipments through its sorting centers for dispatch. Since its official launch in September 2020, Dastgyr says it has served 30,000 retailers. The company is experimenting with fintech products, including a BNPL pilot that has increased average basket sizes, and plans to offer microloans via third-party partners rather than funding loans on its own books. Dastgyr will use the new funding to enhance technology and scale operations while competing in a crowded Pakistani grocery-supply space.
Team
No current team members are available.