Sheops Signs Investment Deal with Arpatech Technology Ventures
Sheops, a peer-to-peer online marketplace for women that was part of the first cohort of technology businesses to graduate out of The Nest i/o, [email protected]’s Tech Incubator, has signed a deal to become part of Arpatech Technology Ventures. The investment deal was signed between Founder and CEO of Sheops, Nadia Patel Gangjee and the Founder of Arpatech, Jamal Khan. Jehan Ara, President of [email protected] and Big Bird of The Nest i/o, was also present at the signing ceremony.
Sheops is a marketplace and online community for women that enables them to buy, sell and make friends online on a secure, women-only platform. Nadia has been running Sheops as a Facebook Group for around 2 years now, and the group has over 13,000 members and a massive fan following on Facebook. The platform allows women pursuing a business initiative to get recognition and clients while sitting at home. It also allows ladies to sell things lying around their home and taking up unwanted space, thus it is turning items lying in their closet into cash. Sheops is now being launched as a secure online website for women only, which will make it easier for sellers and buyers to connect with the right audience without compromising on their security.
Arpatech Technology Ventures is home to some of the best e-commerce businesses making waves in the industry, including EatOye! that was later acquired by Foodpanda, Forrun and Tazamart. Under Arpatech and Jamal’s guidance, Sheops is all set to expand and reach out to more women entrepreneurs and home based sellers looking for a secure platform to launch their services.
Arpatech Technology Ventures (ATV), is the venture arm spun out of Arpatech Private Limited, one of Pakistan’s leading technology company. ATV looks to invest in dynamic teams operating around areas of e-commerce. By combining high-performance teams, with the operating discipline, digital and technical capabilities of Arpatech, these companies look to outperform local and regional markets in their domains. ATV’s current portfolio is the largest collection of e-commerce and technology companies in Pakistan. ATV’s assets include Forrun, Jambo, TazaMart, Sheops, TripKar, among other ventures.
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