KARANDAAZ PAKISTAN, a Section 42 company established in August 2014, promotes access to finance for micro, small and medium - sized businesses through a commercially directed investment platform, and financial inclusion for individuals by employing technology enabled solutions. The company has four verticals:

Karandaaz Capital

Provides wholesale structured credit and equity-linked direct capital investments to micro, small and mid-size enterprises (MSMEs) that demonstrate compelling prospects for sustainable business growth and employment generation in Pakistan.

Karandaaz Digital

Focuses on expanding the poor’s access to digital financial services in Pakistan by working across the ecosystem with all stakeholders.

Knowledge Management and Communications

Supports the company’s core financial inclusion goal by developing and disseminating evidence based insights and solutions.

Karandaaz Innovation

Manages the Innovation Challenge Fund and Women Entrepreneurship Challenge, providing risk capital and grants to partners with the aim to generate innovative solutions in areas of financial inclusion and entrepreneurship.

Karandaaz Pakistan has received funding from the United Kingdom’s Department for International Development (DFID) and the Bill & Melinda Gates Foundation (BMGF).
Board of Directors

Navid Goraya

Chief Investment Officer, Karandaaz Capital.

Navid Goraya brings with himself over 25 years of global experience in asset management, investment strategy, product development and corporate finance. Before joining Karandaaz as the CIO, he was leading a Strategic Advisory Firm, White Oak Advisors Inc, in New York where he was involved in serving private equity funds, family offices, banks and insurance companies in support of global investments in the US, Middle East, South East Asia and South Asia...


Syed Hassan Ali

Principal Investments, Karandaaz Capital.

Hassan looks after Principal Investment in the Karandaaz Capital Team. Hassan is an investment professional with more than 13 years of extensive experience on buy-side M&A, Business Valuation, Financial Modeling, Due Diligence across various sectors including Banking, Healthcare, Education and Real Estate and has been involved in deployment of capital in excess of US$ 3 billion over his career...