Khareed \u2013 an enterprise e-procurement software that\nfacilitates B2B procurement in Pakistan \u2013 was accepted into Silicon\nValley-based accelerator Founder\u2019s Embassy summer 2019 program, making it the first\nand only Pakistani startup to be selected in the program\u2019s history.<\/p>\n\n\n\n
Founder\u2019s Embassy is a highly selective San Francisco-based\naccelerator seeking international startups that have already gained strong\ntraction in their home markets. The accelerator evaluated more than 400\nstartups from more than 50 countries to select eight companies to join its\nprogram this year. <\/p>\n\n\n\n
The program is a 2-week immersive Silicon Valley experience\nwhere founders receive an intensive regimen of workshops and trainings, connect\nwith VCs, and are mentored by established Bay Area entrepreneurs and experts\nfrom Linked In, Tech Crunch, and Asana, among others. At the end of the\nprogram, Khareed presented its enterprise solution to an audience of over a\nhundred venture capitalists and received high praise for its intuitively\ndesigned and automated enterprise solution for emerging markets.<\/p>\n\n\n\n
\u201cI think Khareed was selected because of our strong focus on\ninnovation,\u201d says CTO Hamad Malik. \u201cWe use artificial intelligence to automate\nthe procurement process and we use design-thinking to make our interface as\nsimple as possible.\u201d<\/p>\n\n\n\n
Founded in 2016, Khareed provides enterprise-grade solutions\nthat are tailored for the unique challenges in emerging markets. \u201cFor too long\ncompanies in Pakistan have been paying for expensive software designed for use\nin Western markets,\u201d says Farhan Shamir, Head of Business Development at\nKhareed. \u201cWe have developed Khareed to address the specific challenges here in\nPakistan and neighboring countries.\u201d<\/p>\n\n\n\n
The company has come a long way over the past 3 years– Khareed\nis deployed at some of the largest companies in Pakistan, including Bestway\nCement, MCB Bank, Monnoo Industries, and many others across nearly all industry\nsectors. CEO Haroon Sethi has even greater aspirations and the immersive\nexperience in Silicon Valley has strengthened his resolve: \u201cOur goal is to\nbecome the region\u2019s number one software for e-procurement. Founder\u2019s Embassy\nhelped me think big and gave me the tools to make this happen,\u201d he explains. <\/p>\n\n\n\n
At Founder\u2019s Embassy, Khareed was joined by startups from\nSwitzerland, Australia, Canada, India, Bulgaria and Latvia. \u201cI was fortunate to\nbe part of a group of smart, creative people,\u201d says Haroon. \u201cOne of the most\nvaluable things I took away was the strong relationships I built with other\ninternational founders and how much I learned from them. The value of these\nlong-term friendships is incalculable.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":"
Khareed \u2013 an enterprise e-procurement software that facilitates B2B procurement in Pakistan \u2013 was accepted into Silicon Valley-based accelerator Founder\u2019s Embassy summer 2019 program, making it the first and only Pakistani startup to be...<\/p>\n","protected":false},"author":6,"featured_media":6861,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"image","meta":{"_mi_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[181,183],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/posts\/6860"}],"collection":[{"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/comments?post=6860"}],"version-history":[{"count":1,"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/posts\/6860\/revisions"}],"predecessor-version":[{"id":6862,"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/posts\/6860\/revisions\/6862"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/media\/6861"}],"wp:attachment":[{"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/media?parent=6860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/categories?post=6860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/tags?post=6860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}