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Bykea

567 employees

Bykea is a technology company that provides INSTANT Transport and Courier Services to save customers time & money. As a social impact company, we provide perhaps the first taste of utility for the millions who till date have used the power of the internet only for entertainment till date. Savings - We operate in geographies where people are not rich. Car bookings are expensive and we bring affordable ride hailing and parcel booking to the masses. Leveraging existing assets - Motorbikes and smartphones have till date been used for personal needs. By leveraging technology, we are allowing our partners to create wealth out of the two most valuable assets they own. Inclusion - People who do not have a smartphone can book a Bykea by calling our call center. A customer services representative connects them to the closest available Bykea. Quick - Bykea solves the hassle of hailing a ride or shipping a parcel. All you need to do now is tap one button. Time - In congested metropolises, Bykea saves time. Transparent pricing -In geographies where often metered pricing is ignored, Bykea ensures that customers get a clear itemized price. Safety - Using a Bykea, the commute of customers is insured in the metropolises. Ratings - By developing an ecosystem of ratings by both customers and driver partners, Bykea promotes a meritocracy. Customers can rate driver partners on safety, hygiene, behavior and many more attributes. A helmet is offered to each passenger and a driver partner is promoted to serve best to remain in the Bykea ecosystem. Easy payments - Paying cash for each booking and allowing customers to top up an in-app wallet allows Bykea to be used by all, not a select few. Tracking - On any booking on Bykea, customers can track the estimated time of arrival of a driver partner and locate his precise GPS location at all times within the app. Quality - All the vehicles are inspected to ensure customers get the safest experience.

Investor insights

Funding rounds participated in

$10M sweet spot round size

Investor type

Privately Held

Basic info

Industry

IT Services and IT Consulting

Sectors

IT Services and IT Consulting

Date founded

2017

Funding rounds raised

Total raised

$10M

from 3 investors over 1 rounds

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Bykea raised $10M on July 27, 2022

Investors: Tharros, Ithaca Capital and + 3 Other investors

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