Zayn Venture Capital (Formally Zayn Capital)

What Zayn Venture Capital (Formally Zayn Capital) does

Zayn Venture Capital (formerly Zayn Capital) is a Pakistan-headquartered, early-stage venture capital firm founded in 2021 and based in Islamabad, backing category-defining technology startups across fintech, B2B and B2C e-commerce, logistics, agritech, and co-working. The firm deploys capital directly into early-stage Pakistani companies through negotiated equity investments, with disclosed activity extending into Saudi Arabia via co-investments in MENAP-focused platforms. As of 2026, the firm lists more than 20 portfolio companies including Bazaar, NayaPay, Haball, PostEx, Krave Mart, Bookme.pk, Abhi, COLABS, Truckitin, Laam, BaGallery, Trellis Housing, Snapp Retail, AdalFi, EduFi, K Trade, GrocerApp, Savyour, Prosper, Zaraye, and Tazah, which collectively have raised over $500M in debt and equity from third-party investors.

The firm monetizes through the standard venture model of management fees on committed capital and carried interest on exits. Its primary outcome to date is the 2026 acquisition of portfolio company Krave Mart by inDrive, which delivered a 10x return and is described as Pakistan's first venture-backed exit. Portfolio activity in early 2026 alone includes Bazaar's $70M Series B (Dragoneer and Tiger Global, February 2026), Haball's Pre-Series A — characterized as the largest fintech deal in Pakistan's 2025 ecosystem — co-backed with Meezan Bank (January 2026), and COLABS' $8M+ round funding a Riyadh campus and MENAP expansion (April 2026).

The investment team comprises Founder and Managing Partner Faisal Aftab (also the first Shark on Shark Tank Pakistan, with 25+ years across investing, technology, and global finance), Partner and Head of Strategy & Investments Zeeshan Gondal (Yale BA, Harvard MBA, David Swensen Fellow, ex-Morgan Stanley), Vice President and Head of Investments Kamil Aziz (also Partner and Mentor at NIC Islamabad), and Venture Fellow and Senior Market Analyst Bee Elahi. The Investment Committee adds Asher Siddique (GP at Sukna Ventures; 70+ deals closed at $15bn), Beau Seil (Co-Founder, Patamar Capital), and Marvin Liao (ex-500 Startups Partner, ex-Yahoo international executive). Compliance is handled by KYC/AML Officers Anita Zagorski and Glenn Kennedy. The firm has no disclosed parent, no public listing, and no disclosed AUM, fund size, or fee terms.

Name

Zayn Venture Capital (Formally Zayn Capital)

Legal name

Zayn Venture Capital

Website

https://zayn.vc

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

Zayn Venture Capital is a Pakistan-based early-stage venture capital firm backing category-defining technology startups in fintech, e-commerce, logistics, agritech, and co-working. The firm generated Pakistan's first venture-backed exit, achieving a 10x return through Krave Mart's 2026 acquisition by inDrive.

Ownership category

akta.pro rank

Product category

Venture Capital

NAICS

Other Investment Pools and Funds (5259), All Other Financial Investment Activities (52399)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro primary industry

Venture Growth / Recurring Revenue Credit Funds (FSANAIAG)

Keywords

• Venture capital
• Early-stage funding
• Startup investment
• Growth equity
• Tech venture funding

Headquarters

HQ city

Islamabad

HQ country

Pakistan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Carried Interest: Zayn VC generates returns through carried interest on successful portfolio company exits. The firm achieved a landmark milestone with Pakistan's first venture-backed exit through Krave Mart's acquisition by inDrive in 2026, generating a 10x return.
2. Management Fees: VC funds typically charge management fees on committed capital during the investment period, though specific fee structure is not publicly disclosed.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Zayn Venture Capital is a Pakistan-based venture capital fund that makes early-stage equity investments in technology-driven startups across fintech, e-commerce, logistics, agritech, and co-working sectors. The firm deploys capital from its fund, charges management fees on committed capital, and earns carried interest on portfolio exits, while providing portfolio companies with strategic guidance, network access, and follow-on fundraising support.

Product overview

Zayn VC is a venture capital firm (not a technology product company) that operates as a single unified investment platform. The firm provides early-stage funding to startups across Pakistan, with a focus on fintech, e-commerce, logistics, agritech, and co-working sectors. Their investment approach centers on partnering with founders who are building category-defining companies through technology-driven business models.

Differentiator

Problem solved

Functional benefit

Products and services

• Zayn VC Investment Platform Venture capital investment services providing early-stage equity funding and strategic support to category-defining technology founders in Pakistan and the broader MENA region. Target customers are early-stage Pakistani startups operating in fintech, B2C and B2B e-commerce, logistics, agritech, and co-working sectors.

Quantifiable outcome

• Portfolio companies have raised over $500M in debt and equity funding
• +1 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered minor.

• National Incubation Centre (NIC) IslamabadminorStrategic or Co-development PartnerVP Kamil Aziz serves as Partner and Mentor at NIC Islamabad, supporting startup development in Pakistan's incubation ecosystem.
• Yale UniversityminorStrategic or Co-development PartnerPartner Zeeshan Gondal was a David Swensen Fellow at Yale University and is a Fellow of Trumbull College at Yale.
• Harvard Business SchoolminorStrategic or Co-development PartnerPartner Zeeshan Gondal holds an MBA from Harvard Business School.
• Morgan StanleyminorStrategic or Co-development PartnerPartner Zeeshan Gondal worked in the Capital Markets division at Morgan Stanley.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• i2i Ventures: Pakistan- and Silicon Valley-based early-stage venture capital firm investing in Pakistani tech startups. Closely comparable in stage focus, geography, and sector mix (fintech, ecommerce, SaaS), making it a direct competitive peer.
• Fatima Gobi Ventures: Pakistan-focused early-to-growth stage venture capital firm. Comparable as a co-investor in COLABS alongside Zayn VC and as a direct competitor for Pakistani tech deals across fintech and ecommerce verticals.
• Patamar Capital: SE Asia-focused impact-oriented venture capital firm. Comparable through Zayn IC member Beau Seil's role as Co-Founder and Partner, and as a peer firm pursuing similar early-stage, category-defining theses across emerging Asia.
• Sarmayacar: One of Pakistan's earliest and most prominent early-stage venture capital funds, focused on Pakistani technology startups. Directly comparable as a domestic VC peer competing for similar founders and deal flow across fintech, ecommerce, and logistics.
• Indus Valley Capital: Pakistan-focused early-stage venture fund investing in technology-enabled businesses. Comparable as a co-investor (COLABS round) and a direct peer competing for category-defining Pakistani founders.

Broad incumbents

• Plug and Play: Global innovation platform and venture investor running accelerators across multiple verticals and geographies. Comparable as a broad incumbent that sources and funds early-stage startups at scale, with overlap in fintech and emerging-market themes.
• 500 Global (formerly 500 Startups): Global early-stage venture capital firm and accelerator. Comparable through IC member Marvin Liao's prior Partnership, and as a broad incumbent whose accelerator model overlaps with Zayn's early-stage, founder-support approach across emerging markets.

Regional players

• Shorooq: MENA-based early-stage venture capital firm. Comparable as a regional peer and co-investor in COLABS, with overlapping investment themes across fintech and digital infrastructure in emerging markets.
• Sukna Ventures: MENA-focused early-stage VC fund backing software and data infrastructure. Comparable through IC member Asher Siddique's GP role, and as a regional peer investing at the seed-to-Series A stage in emerging markets.
• Lakson Investments: Pakistan-based investment firm deploying capital across venture and growth stages. Comparable as a domestic capital provider for Pakistani technology businesses and a potential competitor for institutional Pakistani founders.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/zaynventurecap
• Facebookfacebook.com/ZaynCapital

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments31 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Zayn Venture Capital (Formally Zayn Capital)