FinTechFunding

Bykea: Raises $10M in Funding

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
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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