Sarmayacar backs ProCheck through $250,000 in Seed Financing
ISLAMABAD, April 13, 2017 — Sarmayacar, a syndicate of foreign investors to promote Pakistani startups has announced $250,000 Seed funding for ProCheck, a leading serialization and patient engagement services provider, also joined by Pakathon/Elastica.
ProCheck’s round of funding will be used to expand its sales and engineering team to capitalize on the surge of interest from the pharmaceutical industry in particular, and will enable it to establish a sales and service presence in manufacturing hubs outside Karachi, where it is headquartered. As part of the financing, Rabeel Warraich from Sarmayacar has joined ProCheck’s Board of Directors.
“By offering the full stack of track and trace capabilities, SMS and app based verification services, coupled with a strong focus on analytics and patient engagement, ProCheck has established itself as the provider of choice for the pharmaceutical industry,” said Rabeel Warraich, Founder, Sarmayacar.
“ProCheck’s product partnerships mean they can provide a highly scalable, proven, suite of services to help manufacturers comply with government mandates for Punjab tenders and DRAP. “he added. “We are thrilled to partner with the ProCheck team to help accelerate their