16 companies across AI, Ecommerce, Edtech, Fintech and Logistics, in the Middle East, Pakistan, Bangladesh, Africa and the US. 8 are Y Combinator companies. Each profile below says what the company does, who it serves and where it operates.
Company profiles
10 Minute School
10 Minute School is an online education platform in Bangladesh. It teaches school students (classes 1–12) and university-admission candidates, and offers skills courses, through live and recorded video classes, practice tests and mobile apps.
- Sector
- Edtech
- Markets
- Bangladesh
- Headquarters
- Dhaka, Bangladesh
- Founded
- 2015
- Founders
- Ayman Sadiq
- Customers
- School and university students and other learners in Bangladesh
- Business model
- B2C
- Products
- Academic courses (classes 1–12), University admission preparation, Skills courses, Live and recorded classes
- Notable
- Raised Tk 61 crore (about $5.5M) in a pre-Series A round led by Conjunction Capital (October 2023); Raised a $2M seed round from Sequoia Capital India's Surge (January 2022)
Investor: Conjunction Capital. Sources: en.wikipedia.org, thedailystar.net, thedailystar.net.
Abhi
Abhi is a financial wellness platform offering earned wage access, payroll financing and SME funding. Employers offer it as a benefit so salaried employees can draw part of their accrued salary before payday, and businesses use it to finance payroll and grow.
- Sector
- Fintech
- Markets
- Pakistan, Bangladesh, UAE
- Headquarters
- Pakistan
- Founded
- 2021
- Founders
- Omair Ansari, Ali Ladhubhai
- Customers
- Employers, their salaried employees, and SMEs
- Business model
- B2B2C
- Products
- Earned wage access, Payroll financing, SME funding
- Y Combinator
- Summer 2021
Investor: Conjunction Capital. Sources: abhi.co, ycombinator.com.
Erad
Erad is a Riyadh-based financing platform for small and medium-sized businesses. It provides Shariah-compliant, non-dilutive working-capital financing, using a business's sales, marketing and banking data to make funding decisions, typically within about 48 hours.
- Sector
- Fintech
- Markets
- Saudi Arabia, UAE
- Headquarters
- Riyadh, Saudi Arabia
- Founded
- 2022
- Founders
- Salem Abu-Hammour, Youssef Said, Faris Yaghmour
- Customers
- SMEs and startups in Saudi Arabia and the UAE
- Business model
- B2B
- Products
- Shariah-compliant working-capital financing, Revenue-based financing
- Y Combinator
- Summer 2022
- Notable
- Raised a $22M Series A led by MEVP (September 2026)
Investor: Conjunction Capital. Sources: ycombinator.com, wamda.com, menabytes.com.
Flextock
Flextock is a tech-enabled order fulfilment provider. It stores merchants' inventory in its warehouses, then picks, packs and delivers their online orders through a network of last-mile delivery partners.
- Sector
- Logistics
- Markets
- Egypt, Saudi Arabia
- Headquarters
- Cairo, Egypt
- Founded
- 2020
- Founders
- Mohamed Mossaad, Enas Siam
- Customers
- E-commerce merchants and brands
- Business model
- B2B
- Products
- Warehousing, Order fulfilment, Last-mile delivery
- Y Combinator
- Winter 2021
Investor: Conjunction Capital. Sources: flextock.com, ycombinator.com.
Krave Mart
Krave Mart is an online grocery and everyday-essentials store in Pakistan that delivers orders within minutes. It was acquired by ride-hailing company inDrive in March 2026.
- Sector
- Ecommerce
- Markets
- Pakistan
- Headquarters
- Karachi, Pakistan
- Founded
- 2021
- Founders
- Kassim Shroff, Ch Haziq Ahmed, Hammad Bawany, Mohammad Ahsan Kidwai
- Customers
- Consumers
- Business model
- B2C
- Products
- Quick-commerce grocery delivery
- Y Combinator
- Summer 2022
- Status
- Acquired
- Notable
- Acquired by inDrive (March 2026)
Investor: Conjunction Capital. Sources: kravemart.com, ycombinator.com, techcrunch.com.
Maqsam
Maqsam makes cloud contact-centre software with a built-in Arabic-first AI agent. Customer-service and sales teams in banking, retail, e-commerce, logistics, healthcare, education and government use it, and its AI agent handles customer calls in Arabic, across several dialects, and in English.
- Sector
- AI
- Markets
- Jordan, Saudi Arabia, UAE
- Headquarters
- Amman, Jordan
- Founded
- 2019
- Founders
- Sinan Taifour, Fouad Jeryes
- Customers
- Businesses from SMBs to enterprises, and government institutions, in the Arab world
- Business model
- B2B
- Products
- Cloud contact-centre software, Arabic AI voice agent, APIs and integrations
Investor: Conjunction Capital. Sources: maqsam.com, maqsam.com, arab.news.
NymCard
NymCard provides payments infrastructure on a single platform, nCore. Banks, fintechs, exchange houses, telecoms, retailers and government bodies use it for card issuing and processing, lending, domestic and cross-border money movement, settlement, reconciliation and financial-crime controls, through APIs and cloud or on-premise deployment.
- Sector
- Fintech
- Markets
- UAE, Saudi Arabia, Egypt
- Headquarters
- Dubai, UAE
- Founders
- Omar Onsi, Ayman Chalhoub
- Customers
- Banks, fintechs, exchange houses, telecoms, retailers and government entities
- Business model
- B2B
- Products
- nCore platform, Card issuing and processing, Embedded lending, Money movement, Reconciliation, Financial-crime controls
- Notable
- Raised a $33M Series B led by QED Investors (March 2025)
Investor: Conjunction Capital. Sources: nymcard.com, wamda.com.
Playabl.ai
Playabl is a no-code platform where people make web games by chatting with AI. Users describe a game idea, refine it in conversation, and publish a playable, shareable game in minutes, then play and share games made by others.
- Sector
- AI
- Markets
- US, Saudi Arabia, Jordan
- Customers
- Consumers and game creators
- Business model
- B2C
- Products
- AI chat game builder, User-generated game publishing and feed
- Y Combinator
- Spring 2026
Investor: Conjunction Capital. Sources: playabl.ai.
Postex
PostEx is a logistics and fintech company for e-commerce merchants in Pakistan. It delivers cash-on-delivery orders nationwide and pays merchants upfront for them, so sellers don't wait for cash collection, and also offers growth financing, the XPay payment gateway and a business account.
- Sector
- Logistics
- Markets
- Pakistan
- Headquarters
- Lahore, Pakistan
- Founded
- 2020
- Founders
- Muhammad Omer Khan
- Customers
- E-commerce merchants and SMEs
- Business model
- B2B
- Products
- Cash-on-delivery logistics with upfront payment, Growth financing, XPay payment gateway, Business account
- Notable
- Raised a $7.3M pre-Series A led by Conjunction Capital to expand into Saudi Arabia and the UAE (August 2024)
Investor: Conjunction Capital. Sources: postex.pk, techcrunch.com, wamda.com.
Rasyn
Rasyn builds foundation AI models for chemistry and uses them to design industrial compounds and formulations, the multi-ingredient mixtures behind products like datacenter coolants, thermal pastes, paints and adhesives. It synthesizes and tests each design against a customer's performance and process requirements.
- Sector
- AI
- Markets
- US
- Headquarters
- San Francisco, US
- Founded
- 2025
- Founders
- Ansh Tiwari, Ayush Chauhan, Daood Hashmi
- Customers
- Industrial and manufacturing companies that need new chemical formulations
- Business model
- B2B
- Products
- AI-designed industrial formulations
- Y Combinator
- Summer 2026
Investor: Conjunction Capital. Sources: rasyn.ai, ycombinator.com.
Revora
Revora, formerly MyAlice, is an AI conversational-commerce platform for online stores. Its AI agents are trained on a store's catalogue to answer product questions, recommend products, recover abandoned carts and take orders and payments over WhatsApp, Instagram and web chat, and it integrates with Salla, Zid, Shopify and WooCommerce.
- Sector
- AI
- Markets
- Saudi Arabia, Bangladesh, UAE, Pakistan
- Headquarters
- Saudi Arabia
- Founded
- 2021
- Founders
- Shuvo Rahman, Daniyal Baig
- Customers
- E-commerce brands and online merchants
- Business model
- B2B
- Products
- AI shopping agent, AI support agent, Unified inbox, WhatsApp campaigns
- Notable
- Rebranded from MyAlice to Revora alongside a $2M seed round (June 2026); Focused on Saudi Arabia and the GCC since late 2024
Investor: Conjunction Capital. Sources: userevora.com, wamda.com.
Uplift AI
Uplift AI builds voice AI models for regional languages, starting with Urdu, and offers them through APIs and SDKs for text-to-speech. It also runs an AI calling platform that automates appointment booking, lead qualification and routine customer-service calls for businesses in Pakistan.
- Sector
- AI
- Markets
- Pakistan, US
- Headquarters
- San Francisco, US
- Founded
- 2024
- Founders
- Hammad Malik, Zaid Qureshi
- Customers
- Developers and businesses serving Urdu and other regional-language speakers
- Business model
- B2B
- Products
- Urdu text-to-speech API, AI calling platform
- Y Combinator
- Summer 2025
Investor: Conjunction Capital. Sources: upliftai.org, ycombinator.com.
Waseela
Waseela builds infrastructure for Pakistan's rural economy. It serves farmers and agri-retail businesses with access to farm inputs and, through bank partnerships, Shariah-compliant financing.
- Sector
- Fintech
- Markets
- Pakistan
- Customers
- Farmers and agri-retail businesses in Pakistan
- Products
- Farm-input access, Farmer financing through bank partners
- Notable
- Signed an agreement with Faysal Bank to offer Shariah-compliant digital financing to farmers (February 2026); CEO Tania Aidrus
Investor: Conjunction Capital. Sources: waseela.global, dawn.com, propakistani.pk.
Whitehelmet
WhiteHelmet is a Riyadh-based construction-technology company with an AI construction management platform. Project owners, engineering consultants and contractors use it to monitor and manage construction progress remotely, with 360° reality capture, GIS, document and cost management, reporting and an AI construction assistant called Asif.
- Sector
- AI
- Markets
- Saudi Arabia
- Headquarters
- Riyadh, Saudi Arabia
- Customers
- Construction project owners, engineering consultants, contractors and developers
- Business model
- B2B
- Products
- Construction management platform, 360° reality capture, Asif AI construction assistant
- Notable
- Launched its Asif AI construction agent at LEAP 2025
Investor: Conjunction Capital. Sources: whitehelmet.sa, middleeastainews.com.
Zambeel
Zambeel is an e-commerce enablement platform for sellers, brands and dropshippers selling into the Gulf. Sellers can dropship from its catalogue without holding inventory or registering a local company, and it also offers fulfilment (storage, order confirmation calls and last-mile delivery), private-label sourcing and e-commerce training.
- Sector
- Ecommerce
- Markets
- UAE, Saudi Arabia, Kuwait, Qatar, Oman, Bahrain, Iraq, Pakistan, US
- Founders
- Abrar Bajwa, Mohsin Zaka
- Customers
- Online sellers, dropshippers and brands
- Business model
- B2B
- Products
- Dropshipping, Fulfilment (3PL), Zambeel 360 private-label sourcing, E-commerce training
Investor: Conjunction Capital. Sources: myzambeel.com, apps.shopify.com.
Ziina
Ziina is a UAE payments app for individuals and businesses. People send money to each other instantly, and businesses accept in-person and online payments with Apple Pay, Google Pay or card.
- Sector
- Fintech
- Markets
- UAE
- Headquarters
- United Arab Emirates
- Founded
- 2020
- Founders
- Sarah Toukan, Andrew Gold, Faisal Toukan
- Customers
- Consumers and businesses in the UAE
- Business model
- B2B and B2C
- Products
- Peer-to-peer transfers, Business payment acceptance
- Y Combinator
- Winter 2021
Investor: Conjunction Capital. Sources: ziina.com, ycombinator.com.
Profiles checked 2026-10-13.
Who invested in
Who invested in 10 Minute School?
Conjunction Capital is an investor in 10 Minute School. 10 Minute School is an online education platform in Bangladesh. It teaches school students (classes 1–12) and university-admission candidates, and offers skills courses, through live and recorded video classes, practice tests and mobile apps. Markets: Bangladesh.
Who invested in Abhi?
Conjunction Capital is an investor in Abhi, a Y Combinator Summer 2021 company. Abhi is a financial wellness platform offering earned wage access, payroll financing and SME funding. Employers offer it as a benefit so salaried employees can draw part of their accrued salary before payday, and businesses use it to finance payroll and grow. Markets: Pakistan, Bangladesh, UAE.
Who invested in Erad?
Conjunction Capital is an investor in Erad, a Y Combinator Summer 2022 company. Erad is a Riyadh-based financing platform for small and medium-sized businesses. It provides Shariah-compliant, non-dilutive working-capital financing, using a business's sales, marketing and banking data to make funding decisions, typically within about 48 hours. Markets: Saudi Arabia, UAE.
Who invested in Flextock?
Conjunction Capital is an investor in Flextock, a Y Combinator Winter 2021 company. Flextock is a tech-enabled order fulfilment provider. It stores merchants' inventory in its warehouses, then picks, packs and delivers their online orders through a network of last-mile delivery partners. Markets: Egypt, Saudi Arabia.
Who invested in Krave Mart?
Conjunction Capital is an investor in Krave Mart, a Y Combinator Summer 2022 company. Krave Mart is an online grocery and everyday-essentials store in Pakistan that delivers orders within minutes. It was acquired by ride-hailing company inDrive in March 2026. Markets: Pakistan.
Who invested in Maqsam?
Conjunction Capital is an investor in Maqsam. Maqsam makes cloud contact-centre software with a built-in Arabic-first AI agent. Customer-service and sales teams in banking, retail, e-commerce, logistics, healthcare, education and government use it, and its AI agent handles customer calls in Arabic, across several dialects, and in English. Markets: Jordan, Saudi Arabia, UAE.
Who invested in NymCard?
Conjunction Capital is an investor in NymCard. NymCard provides payments infrastructure on a single platform, nCore. Banks, fintechs, exchange houses, telecoms, retailers and government bodies use it for card issuing and processing, lending, domestic and cross-border money movement, settlement, reconciliation and financial-crime controls, through APIs and cloud or on-premise deployment. Markets: UAE, Saudi Arabia, Egypt.
Who invested in Playabl.ai?
Conjunction Capital is an investor in Playabl.ai, a Y Combinator Spring 2026 company. Playabl is a no-code platform where people make web games by chatting with AI. Users describe a game idea, refine it in conversation, and publish a playable, shareable game in minutes, then play and share games made by others. Markets: US, Saudi Arabia, Jordan.
Who invested in Postex?
Conjunction Capital is an investor in Postex. PostEx is a logistics and fintech company for e-commerce merchants in Pakistan. It delivers cash-on-delivery orders nationwide and pays merchants upfront for them, so sellers don't wait for cash collection, and also offers growth financing, the XPay payment gateway and a business account. Markets: Pakistan.
Who invested in Rasyn?
Conjunction Capital is an investor in Rasyn, a Y Combinator Summer 2026 company. Rasyn builds foundation AI models for chemistry and uses them to design industrial compounds and formulations, the multi-ingredient mixtures behind products like datacenter coolants, thermal pastes, paints and adhesives. It synthesizes and tests each design against a customer's performance and process requirements. Markets: US.
Who invested in Revora?
Conjunction Capital is an investor in Revora. Revora, formerly MyAlice, is an AI conversational-commerce platform for online stores. Its AI agents are trained on a store's catalogue to answer product questions, recommend products, recover abandoned carts and take orders and payments over WhatsApp, Instagram and web chat, and it integrates with Salla, Zid, Shopify and WooCommerce. Markets: Saudi Arabia, Bangladesh, UAE, Pakistan.
Who invested in Uplift AI?
Conjunction Capital is an investor in Uplift AI, a Y Combinator Summer 2025 company. Uplift AI builds voice AI models for regional languages, starting with Urdu, and offers them through APIs and SDKs for text-to-speech. It also runs an AI calling platform that automates appointment booking, lead qualification and routine customer-service calls for businesses in Pakistan. Markets: Pakistan, US.
Who invested in Waseela?
Conjunction Capital is an investor in Waseela. Waseela builds infrastructure for Pakistan's rural economy. It serves farmers and agri-retail businesses with access to farm inputs and, through bank partnerships, Shariah-compliant financing. Markets: Pakistan.
Who invested in Whitehelmet?
Conjunction Capital is an investor in Whitehelmet. WhiteHelmet is a Riyadh-based construction-technology company with an AI construction management platform. Project owners, engineering consultants and contractors use it to monitor and manage construction progress remotely, with 360° reality capture, GIS, document and cost management, reporting and an AI construction assistant called Asif. Markets: Saudi Arabia.
Who invested in Zambeel?
Conjunction Capital is an investor in Zambeel. Zambeel is an e-commerce enablement platform for sellers, brands and dropshippers selling into the Gulf. Sellers can dropship from its catalogue without holding inventory or registering a local company, and it also offers fulfilment (storage, order confirmation calls and last-mile delivery), private-label sourcing and e-commerce training. Markets: UAE, Saudi Arabia, Kuwait, Qatar, Oman, Bahrain, Iraq, Pakistan, US.
Who invested in Ziina?
Conjunction Capital is an investor in Ziina, a Y Combinator Winter 2021 company. Ziina is a UAE payments app for individuals and businesses. People send money to each other instantly, and businesses accept in-person and online payments with Apple Pay, Google Pay or card. Markets: UAE.
