/Companies

Monak

500 Global

Founded 2020 · 8 employees on LinkedIn · 1 known investors

Find your way into Monak

Sign up to see every warm intro you have to Monak

  • Paths you didn't know you had: your email and LinkedIn already hold routes to the Monak team. We find them for you
  • 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
  • Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone

Days of research, done the moment you sign in, with every route ranked by how warm it is.

Monak offers a mobile app combining financial services (local bank accounts, debit cards, remittance, micro finance, forex), healthcare (medical visa, health packages, online pharmacy, insurance), and lifestyle services (grocery/food delivery, taxi booking, bill payments) for expats, travelers, and locals. It also provides recruiters with software to recruit, onboard, and track expat workforce moving to the Middle East, currently supporting the UAE, Saudi Arabia, and Oman.

Founders & leadership

Monak was founded in 2020 by Nikhil Babariya.

NB
Nikhil Babariya

Investors · 1

500 Globallisted by 500 GlobalPalo Alto · $150K

How we know: open dataset · 500 Global portfolio 2026-08 · Not right? Tell us

Frequently asked questions

What does Monak do?
Monak offers a mobile app combining financial services (local bank accounts, debit cards, remittance, micro finance, forex), healthcare (medical visa, health packages, online pharmacy, insurance), and lifestyle services (grocery/food delivery, taxi booking, bill payments) for expats, travelers, and locals. It also provides recruiters with software to recruit, onboard, and track expat workforce moving to the Middle East, currently supporting the UAE, Saudi Arabia, and Oman.
Who founded Monak?
Monak was founded by Nikhil Babariya in 2020.
Who are Monak's investors?
Monak's investors include 500 Global.