Bykea

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Bykea
Native name
بائیکیا
IndustryTransportation
Founded2016; 6 years ago (2016)
FounderMuneeb Maayr
Headquarters
Karachi
,
Pakistan
ProductsAndroid and IOS Apps
Websitewww.bykea.com

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 in 2016.[3]

It competes with Careem Bike and Uber Moto in the region.

History[]

Bykea was started in December 2016 from Karachi, Pakistan.[4] The company currently operates in three Pakistani cities Karachi, Lahore & 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 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]

See also[]

References[]

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