Bykea

Bykea

Bykea

Ride hailing and Parcel delivery Company

Bykea, stylized as BYKEA, is a Pakistani ride-hailing service and parcel delivery company based in Karachi, Pakistan.[1][2] It was founded by Muneeb Maayr, Abdul Mannan, and Rafiq Malik in 2016.[3]

Quick Facts Native name, Industry ...

It competes with inDrive, Yango, Careem and Uber in Pakistan.

History

Bykea was started in December 2016 in Karachi, Pakistan.[4] The company currently operates in three Pakistani cities Karachi, Lahore, Islamabad & 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, MJSF (Mahvash and Jahangir Siddiqui Foundation) joined hands 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 but due to the government's ban on pillion riding to combat the virus, investors reneged on the deal.[11][12]

Services

Bykea enables a crowdsourced network of motorbike owners to transport people, parcels, on-demand shopping, and payments within a city.[13][14] [15] [16]

At the start of 2022, Bykea added Rickshaw and in the middle of 2022, they started offering AC and Non-AC in their ride-hailing service.

See also

Wikimedia Commons has media related to Bykea (company).
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References

  1. [1]
    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.
  2. [2]
    Qadir, Ihsan (26 September 2018). "Bike drivers of Uber, Careem, Bykea hold protest against companies". Pakistan Today. Retrieved 3 June 2019.
  3. [3]
    "Is Bykea a candidate for the Pakistani super-app?". Profit by Pakistan Today. November 28, 2020.
  4. [4]
    Mughal, Bilal Karim (6 December 2018). "Can Bykea help you beat Karachi's rush hour traffic?". dawn.com. Retrieved 3 June 2019.
  5. [5]
    "Mobile marketplace – The story of Bykea with founder Muneeb Maayr". vcastonline.wpcomstaging.com. 20 August 2018. Retrieved 3 June 2019.
  6. [6]
    "Bykea onboards Jazz as its Business Solutions Partner". phoneworld.com.pk. 4 February 2019. Retrieved 3 June 2019.
  7. [7]
    "MJSF, Bykea Technologies inks pact for Bikers Support Scheme". thenews.com.pk. 20 March 2018. Retrieved 3 June 2019.
  8. [8]
    "Ride-sharing app Bykea raises $5.7 million in Series as funding". profit.pakistantoday.com.pk. 30 April 2019. Retrieved 3 June 2019.
  9. [9]
    Hanif, Usman (1 May 2019). "Bykea gets $5.7m worth of investment". tribune.com.pk. Retrieved 3 June 2019.
  10. [10]
    "CIO Bykea Abdul Mannan on Morning Show News Cafe AbbTakk TV". abbtakk.tv. 7 April 2020. Retrieved 7 April 2020.
  11. [11]
    "Investors hold $13m investment in Bykea over pillion riding ban | SAMAA". Samaa TV. Retrieved 2020-08-24.
  12. [12]
    "Small-aircraft ride-sharing program takes off in EU". AGCS Global. Retrieved 2020-11-18.
  13. [13]
    Khan, Mutaher (29 July 2018). "Tech talk: Bykea vrooms itself into a hyperlocal marketplace". dawn.com. Retrieved 3 June 2019.
  14. [14]
    Ghaz, Uzma (2 January 2018). "These Pakistani startups have the potential to go big in 2018". dawn.com. Retrieved 3 June 2019.
  15. [15]
    Ahmed, Ali. "Tech talk: TPL Trakker, Bykea partners to improve Mobile Application". brecorder.com. Retrieved 11 August 2020.
  16. [16]
    Naqvi, Kaleem. "Tech talk: TPL Trakker's Location Based Services to Power Bykea's App". technologytimes.pk. Retrieved 11 August 2020.
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