Bykea Raises $10M in Funding
- Bykea, a Pakistani bike-ride sharing and on-demand delivery platform, raised $10M in funding
- Investors included Prosus Ventures, MEVP, Sarmayacar, Tharros, and Ithaca Capital
- The company plans to use the capital to enhance and extend its position in mobility and fulfillment services for consumers and SMEs
- The company is a large on-demand platform which runs on the rails of a network of motorbikes serving transport and delivery services for 40 million citizens in urban Pakistan
- Its suite of services includes two-wheeler ride-sharing, instant deliveries, offline to online commerce, and payment services for small businesses delivering parcels, food collecting payments
