Khareed is a business-to-business services tech startup that aims to make corporate procurement easier for businesses in Pakistan.

The SaaS procurement and trade services platform has been designed for mid and large level corporate enterprises, as well as for supply vendors aiming to take their products online.

An overview of the portal.

Currently there are more than 3,000 products listed on the portal in categories such as machinery, construction materials, and hardware equipment, by over 500 registered vendors. It offers customers competitive rates online via quotations from different vendors, with the aim to cut down the hassle of looking for suppliers and negotiating prices.

Two years down the road, the procurement services firm reports working with 40 corporate clients who are using the platform for sourcing of around Rs100 million worth of goods every month.

Individuals who are looking to purchase expensive items such as household appliances, generators, construction materials or hardware can also use Khareed to get clarity on prices with their free-to-use quote form.

The UAE based startup has also developed a cloud procurement software which they claim is comparable in functionality to those designed by companies like SAP and Oracle, for less than a tenth the cost.

Haroon Sethi, the founder and CEO of Khareed, has worked for three years in the manufacturing sector in Pakistan and eight years as a consultant with McKinsey prior to launching the company. "Our mission is to help professionalise the way business is conducted in Pakistan, increasing price transparency and promoting more reliable and trustworthy commerce," he says.


Misplaced anger at poor show
24 Jan 2021

Misplaced anger at poor show

In the UK, when a party is elected to office after being in the opposition, its leader takes over as prime minister seamlessly.


Updated 24 Jan 2021

Delayed olive branch

THE PTI government has finally mustered up sufficient political prudence to extend an olive branch to the opposition...
24 Jan 2021

Bureaucracy reform

WHILE the intention behind the endeavour may be lauded, the civil service reform package unveiled by the government...
24 Jan 2021

Minority rights

ON Thursday, the United Nations General Assembly adopted a resolution to safeguard religious sites around the world,...
23 Jan 2021

Power price hike

ALREADY struggling to cope with the impact of the Covid-19 pandemic and rising food prices, consumers received yet...
Updated 23 Jan 2021

Israeli land grab

WITH the chapter now closed on the Trump presidency, the eyes of many in the international community — ...
23 Jan 2021

New PhD policy

EARLIER in the week, the HEC chairman announced several changes for undergraduate and PhD degrees in the country....