Udhaar Book

Founded in 2020 in Pakistan, Udhaar Book is dedicated to enhancing financial operations for small to medium-sized enterprises. The company has pivoted to focus primarily on digital bookkeeping and integrated financial services. The founder, Shahjahan Warraich, has a background in supporting the digital finance space.Udhaar Book is a comprehensive financial management application designed primarily for small to medium-sized businesses. Its core offerings include a cash book, credit ledger, inventory management tools, payroll automation, and invoicing functionalities. The app enables users to efficiently manage cash flows, track income and expenses, and handle udhaar (credit) transactions seamlessly. Through the Udhaar platform, businesses can send free reminders and invoices, automate payroll processes, manage attendance, and oversee inventory levels with timely alerts for restocking. The software caters to a diverse clientele, including retailers, distributors, and service providers across various sectors such as grocery, electronics, healthcare, and hospitality.Udhaar Book generates revenue through multiple channels, primarily involving subscription-based services and commission structures. Businesses using the platform can execute financial transactions, such as paying utility bills and selling mobile recharge vouchers, earning commissions on each transaction. For instance, when a retailer pays utility bills for customers, they receive a sizable commission for facilitating the payment through the app. Additionally, the app supports retail transactions where users can sell digital vouchers for gaming and streaming services, earning a percentage based on the sale price. Udhaar Book aims to target international markets in the next two years, facilitating growth and accessibility of its services beyond Pakistan.

1. Seed

   Nov 8, 2021

   Amount

   $6M

   Investors

   Locked

2. Seed

   Mar 22, 2021

   Amount

   Undisclosed

   Investors

   Locked