Biography & Journey

A Visionary’s Journey

Born in Rawalpindi, Pakistan, Rabeel Warraich’s early years were marked by curiosity and a strong academic focus completed his schooling from Cadet College Hassan Abdal. Rabeel pursued higher education in the United States, earning a degree in Economics and Management Science from the Massachusetts Institute of Technology (MIT). His experience at MIT laid the foundation for his future in investment and venture capital, instilling in him a commitment to innovation and a deep appreciation for leveraging technology as a catalyst for positive change.

Early Career in Investment Banking and Private Equity

Rabeel began his career with Morgan Stanley in London in 2008, where he quickly became involved in high-profile deals. His notable contributions included managing multi-billion-dollar mergers and acquisitions, such as a $9.6 billion buy-side role and a $3.5 billion debt restructuring.
Following his success at Morgan Stanley, he joined the Government of Singapore Investment Corporation (GIC) as Vice President of Private Equity (Direct Investments), where he managed over $3 billion in investments and achieved a remarkable internal rate of return (IRR) of 22% in local currency. These experiences honed his investment acumen, preparing him for his later role as an independent investor focused on Pakistan.

Launch of Sarmayacar

Founding of Sarmayacar and Venture Capital Initiatives

In 2018, with a vision to fill the venture capital gap in Pakistan, Rabeel founded Sarmayacar. The firm’s first $25 million fund, anchored by the International Finance Corporation (IFC), became a cornerstone for Pakistan’s nascent startup ecosystem. Under Rabeel’s leadership, Sarmayacar has catalyzed over $800 million in investments, fueling startups in high-growth sectors like fintech, healthtech, logistics, and e-commerce.

Key Investments and Impact

Sarmayacar’s portfolio includes innovative companies like Bykea, a bike-hailing and logistics company, and Dawaai, Pakistan’s leading online pharmacy. Each investment underscores Rabeel’s philosophy: supporting ventures that solve real-world problems with scalable and sustainable solutions. His focus on tech-enabled solutions has directly contributed to creating jobs, improving digital access, and boosting financial inclusion across Pakistan.

Climaventures Fund

In 2024, Rabeel took his impact further by launching the Climaventures Fund with a $15 million anchor commitment from the Green Climate Fund. This fund, focused on climate-tech innovation, targets renewable energy, electric mobility, and sustainable agriculture. Through Climaventures, Rabeel aims to address Pakistan’s urgent climate challenges by supporting startups that prioritize environmental sustainability alongside profitability.

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