Bykea
 | |
Native name | بائیکیا |
|---|---|
| Type | Private |
| Industry | Gig work |
| Founded | 2016 |
| Founder | Muneeb Maayr |
| Headquarters | , |
Area served | Pakistan |
Key people | |
| Products | Android and IOS apps |
| Website | www |
Bykea, stylized as BYKEA, is a Pakistani ride-hailing service and parcel delivery company based in Karachi.[1][2] It was founded by Muneeb Maayr in 2016.[3]
History
[edit]Bykea was started in December 2016 in Karachi, Pakistan.[4] The company currently operates in four Pakistani cities: Karachi, Lahore, Islamabad, and Rawalpindi.[5]
In 2018, Bykea partnered with Jazz, a Pakistan-based digital communications company, to provide enhanced digital connectivity and efficiency to users.[6] In 2018, Bykea and MJSF (Mahvash and Jahangir Siddiqui Foundation) joined for the Bikers Support Scheme.[7]
In 2019, Bykea raised $5.7 million in series A funding from local and international institutions.[8][9]
In the midst of the COVID-19 pandemic in Pakistan,[10] Bykea had secured a $13 million investment. However, due to the government's ban on pillion riding to combat the virus, investors reneged on the deal.[11][12]
In 2021, Bykea raised $10 million from investors to support the expansion of its transportation and logistics services.[13]
Services
[edit]Bykea enables a crowdsourced network of motorbike owners to transport people, parcels, on-demand shopping, and payments within a city.[14][15][16][17]
In early 2022, Bykea added rickshaws to its services. By mid-2022, the company began offering both air-conditioned and non-air-conditioned options in its ride-hailing service.
See also
[edit]External links
[edit]
References
[edit]- ↑ Jamil, Ahmed (6 May 2019). "Is Bykea the first next and only available in Lahore, Islamabad, Rawalpindiand Karachi? Pakistani unicorn in the making?". Pakistan Today.
- ↑ Qadir, Ihsan (26 September 2018). "Bike drivers of Uber, Careem, Bykea hold protest against companies". Pakistan Today. Retrieved 3 June 2019.
- ↑ "Is Bykea a candidate for the Pakistani super-app?". Profit by Pakistan Today. November 28, 2020.
- ↑ Mughal, Bilal Karim (6 December 2018). "Can Bykea help you beat Karachi's rush hour traffic?". dawn.com. Retrieved 3 June 2019.
- ↑ "Mobile marketplace – The story of Bykea with founder Muneeb Maayr". vcastonline.wpcomstaging.com. 20 August 2018. Retrieved 3 June 2019.
- ↑ "Bykea onboards Jazz as its Business Solutions Partner". phoneworld.com.pk. 4 February 2019. Retrieved 3 June 2019.
- ↑ "MJSF, Bykea Technologies inks pact for Bikers Support Scheme". thenews.com.pk. 20 March 2018. Retrieved 3 June 2019.
- ↑ "Ride-sharing app Bykea raises $5.7 million in Series as funding". profit.pakistantoday.com.pk. 30 April 2019. Retrieved 3 June 2019.
- ↑ Hanif, Usman (1 May 2019). "Bykea gets $5.7m worth of investment". tribune.com.pk. Retrieved 3 June 2019.
- ↑ "CIO Bykea Abdul Mannan on Morning Show News Cafe AbbTakk TV". abbtakk.tv. 7 April 2020. Retrieved 7 April 2020.
- ↑ "Investors hold $13m investment in Bykea over pillion riding ban | SAMAA". Samaa TV. Retrieved 2020-08-24.
- ↑ "Small-aircraft ride-sharing program takes off in EU". AGCS Global. Retrieved 2020-11-18.
- ↑ Mangi, Faseeh (2022-06-27). "Pakistan Ride-Sharing Startup Bykea Raises Funds to Fuel Growth". Bloomberg. Archived from the original on 2022-08-10. Retrieved 2026-07-15.
- ↑ Khan, Mutaher (29 July 2018). "Tech talk: Bykea vrooms itself into a hyperlocal marketplace". dawn.com. Retrieved 3 June 2019.
- ↑ Ghaz, Uzma (2 January 2018). "These Pakistani startups have the potential to go big in 2018". dawn.com. Retrieved 3 June 2019.
- ↑ Ahmed, Ali. "Tech talk: TPL Trakker, Bykea partners to improve Mobile Application". brecorder.com. Retrieved 11 August 2020.
- ↑ Naqvi, Kaleem. "Tech talk: TPL Trakker's Location Based Services to Power Bykea's App". technologytimes.pk. Retrieved 11 August 2020.