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Fatima Gobi Ventures

Asia, Punjab, Pakistan, Lahore

Description

Fatima Gobi Ventures (FGV) is a pioneering venture capital fund established as a joint venture between Pakistan's prominent Fatima Group and the Asia-focused venture capital firm, Gobi Partners. Launched in 2021, FGV was specifically designed to address the burgeoning yet underserved startup ecosystem in Pakistan. The fund, known as FGV Fund I, commenced operations with a substantial capital commitment of $20 million, signaling a significant boost for early-stage technology companies within the country. This strategic partnership leverages Fatima Group's deep local market insights and extensive network, combined with Gobi Partners' vast experience in scaling tech businesses across Asia.

FGV primarily targets early-stage tech startups, focusing on Seed to Series A rounds. Their investment mandate is broad, encompassing various high-growth sectors critical to Pakistan's digital transformation, including FinTech, Logistics, E-commerce, Gaming, HealthTech, and EdTech. The fund typically deploys initial cheques ranging from $500,000 to $2 million, aiming to provide crucial capital that enables startups to achieve significant milestones and scale their operations. This investment range is designed to support companies through their initial growth phases, helping them build robust products, expand their user base, and prepare for subsequent funding rounds.

By combining local expertise with international venture capital acumen, Fatima Gobi Ventures plays a pivotal role in nurturing Pakistan's startup landscape. The fund not only provides financial capital but also offers strategic guidance, operational support, and access to a wider network of industry experts and potential partners. Their presence helps legitimize and accelerate the growth of the Pakistani tech scene, attracting further investment and talent to the region. FGV's commitment is instrumental in fostering innovation and creating a sustainable venture capital ecosystem in Pakistan.

Investor Profile

Fatima Gobi Ventures has backed more than 25 startups, with 0 new investments in the last 12 months alone. The firm has led 12 rounds, about 48% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
  • Majority of deals are located in Pakistan, United States, United Kingdom.
  • Strong thematic focus on Logistics, E-Commerce, Financial Services.
  • Typical check size: $500K – $2M.

Stage Focus

  • Seed (48%)
  • Pre Seed (28%)
  • Series A (16%)
  • Convertible Note (8%)

Country Focus

  • Pakistan (80%)
  • United States (12%)
  • United Kingdom (4%)
  • United Arab Emirates (4%)

Industry Focus

  • Logistics
  • E-commerce
  • Financial Services
  • Fintech
  • Collaboration
  • Cad
  • Communities
  • Data Management
  • Developer Tools
  • Hardware
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Fatima Gobi Ventures frequently co-invest with?

VentureSouq
Asia, Dubai, United Arab Emirates, Dubai
Co-Investments: 3
i2i Ventures
North America, California, United States, San Francisco
Co-Investments: 5
Shorooq Partners
Asia, Abu Dhabi, United Arab Emirates, Abu Dhabi
Co-Investments: 4
Liberty City Ventures
North America, New York, United States, New York
Co-Investments: 5
RaliCap
North America, California, United States, San Francisco
Co-Investments: 3
Zayn Venture Capital (Formally Zayn Capital)
Asia, Islamabad, Pakistan, Islamabad
Co-Investments: 6
Global Founders Capital
Europe, Berlin, Germany, Berlin
Co-Investments: 8
Indus Valley Capital
Asia, Sindh, Pakistan, Karachi
Co-Investments: 4
Walled City Co.
Asia, Punjab, Pakistan, Lahore
Co-Investments: 3
MANTIS Venture Capital
North America, California, United States, Santa Monica
Co-Investments: 3

Which angels does Fatima Gobi Ventures often collaborate with?

MA
North America, California, United States, Mountain View
Shared Deals: 1
WH
North America, California, United States, San Francisco
Shared Deals: 2
George Godula
Asia, Shanghai, China, Shanghai
Shared Deals: 2
AA
North America, California, United States
Shared Deals: 1
TR
North America, Washington, United States, Bellevue
Shared Deals: 2
AY
North America, California, United States, San Francisco
Shared Deals: 2
LF
Europe, England, United Kingdom, London
Shared Deals: 2
Tayyab Malik
Asia, Hong Kong
Shared Deals: 2
Yasser Bashir
Asia, Pakistan
Shared Deals: 2
IA
North America, California, United States, San Francisco
Shared Deals: 3

What are some of recent deals done by Fatima Gobi Ventures?

PriceOye

Islamabad, Islamabad, Pakistan

PriceOye is an eCommerce platform that allows users to compare prices for consumer electronics products.

E-CommerceInternetPrice Comparison
SeedAug 29, 2022
Amount Raised: $7,900,000
DealCart

Karachi, Sindh, Pakistan

DealCart is a group buying social commerce platform that allows users to buy and save.

E-CommerceGroceryGroup BuyingRetailShopping
Pre SeedJul 27, 2022
Amount Raised: $4,500,000
Rider

Karachi, Sindh, Pakistan

Rider is an e-com logistics startup in Pakistan, giving online shippers a tech-driven, customer-centric, solution to last mile delivery

E-CommerceLogisticsShipping
SeedJun 21, 2022
Amount Raised: $3,100,000
Abhi

Karachi, Sindh, Pakistan

Abhi is a financial wellness platform that provides employees with salary advances based on accrued wages.

AppsEmployee BenefitsFinancial ServicesFinTechLending
Series AApr 19, 2022
Amount Raised: $17,000,000
Fasset

Dubai, Dubai, United Arab Emirates

Fasset is a global digital asset exchange that provides people in emerging markets with accessibility to the digital asset space.

Asset ManagementBlockchainCryptocurrencyFinancial ServicesFinTechWeb3
Series AApr 15, 2022
Amount Raised: $22,000,000
Colabs

Lahore, Punjab, Pakistan

Colabs is Pakistan’s fastest growing flexible workspace thoughtfully designed to enable people and businesses to grow.

CollaborationCoworkingFacility ManagementHospitalityReal Estate
SeedMar 24, 2022
Amount Raised: $3,000,000
Truck It In

Karachi, Sindh, Pakistan

Truck It In is a platform tech company focused on simplifying road freight for 3.3M+ businesses in Pakistan.

Freight ServiceLogistics
SeedFeb 4, 2022
Amount Raised: $13,000,000
Inventhub

San Mateo, California, United States

Inventhub is an electronics design collaboration and data management platform that helps maximize product quality.

CADCollaborationCommunitiesData ManagementDeveloper ToolsHardwareProduct ManagementProject Management
Pre SeedJan 26, 2022
Tazah Technologies

Lahore, Punjab, Pakistan

Tazah is a B2B agritech marketplace connecting farmers directly with businesses who sell/consume agri/food products.

AgricultureFarmingFood and BeverageMarketplaceSupply Chain Management
SeedDec 22, 2021
Amount Raised: $4,500,000
Savyour

Karachi, Sindh, Pakistan

Pakistan’s first and largest integrated Discovery, Deals & Rewards platform.

Affiliate MarketingE-CommerceFinTech
SeedNov 9, 2021
Amount Raised: $3,300,000