What is Udhaar Book
The spherical discovered the participation of a number of traders which includes Fatima Gobi Ventures (FGV), Plaid co-creator William Hockey’s Muir Funds, Tinder co-creator Justin Mateen’s JAM Account, Business Projects, Liberty Town Ventures, Atlas Undertakings, Integra Partners, Omri Dahan of Marqeta and Immad Akhund of Mercury Bank.
According to a press release, the funds will be used to build the app’s ecosystem, which now enables small businesses to conduct digital bookkeeping, manage inventory, invoicing, staff attendance and payroll.
How To Install Udhaar Book
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Udhaar Book Owner Name
Udhaar Book was released this past year to help you small enterprises keep a tabs on credit, sales and expenses and crossed across a million installs some time ago.
The brainchild of Fahad Kamr, Shah Warraich, and Myra Ali, the app has given that finished from Y Combinator’s accelerator program and widened its alternatives to become super app for small enterprises.
Udhaar Book App Release Date
| Updated On Oct 30, 2021 | App Version 31.0.9 |
App Info
| App Download Version | 31.0.9 |
| Last Updated | Oct 30, 2021 |
| Apk Size | 53M |
| App by | Toko Lab Inc. |
| Category | Free Business App |
| Content Rating | Everyone |
| Support Android Version | Android 21 and above |
| App Package | com.oscarudhaarapp |
| Get it on | Google Play |
Kamr, Udhaar Book’s creator and CEO, mentioned that most of small business owners in Pakistan continue to do their balances in writing and method monthly payments in income which is kept in a “wood made income drawer”.
“So many small business owners normally function 16-hour days to check this compartment and minimise robbery. Dealing with this issue calls for digitising all guidebook aspects of this business, whilst producing the cross over as easy as you possibly can for that presently occupied business proprietor,” he stated.
Udhaar Book Called Cash Book “Cash in and Cash Out”
“Udhaar Publication has recently evolved into a super app, essentially an os for smaller businesses. We free up the little merchant’s time so he could devote it together with his household and develop the complete prospective of his organization,” he included.
According to the press release, the startup has collaborated with various telecommunications firms and banks includingTelenor and Zong, United Bank Limited, and Bank Alfalah in an effort to expand the app ecosystem.
“Our partnerships with telcos, banking institutions, and wallets means Udhaar Book’s 1.4 million modest sellers are able to sell mobile leading-ups digitally to earn ancillary income,” Kamr explained.
He was quoted saying that in the past three months, month-to-month productive users have increased 300 per cent with over 1.4 zillion registered customers all over Pakistan and 510,000 regular monthly productive customers.
“Development has been fantastic, although preservation charges are trending upwards as increasing numbers of companies keep for our own wide range of alternatives,” he explained.
FGV Common Partner Ali Mukhtar praised Kamr and his crew for taking the app to “new heights”.
“We can’t wait to find out precisely what is up coming from the pipeline, and therefore are thrilled to join Udhaar Book on its quest to bring Pakistan in the global digital overall economy,” he was quoted saying.
Tinder co-founder Justin Mateen documented that this app’s regular monthly energetic customers possessed grown by above 1,100 per cent this year, a job which had been obtained by “working on the requirements their mini SME [small, and moderate businesses] users”.
“Thrilled to take part in your journey,” he was quoted saying.
Pakistan is home to an estimated 25-30 million micro-SMEs that are still run manually, according to the press release.
“These small enterprises make contributions 74pc on the country’s gross household merchandise, accentuating the huge benefit-add potential when their functions are digitised,” the assertion explained.