Bykea has secured $10 million in fresh funding from existing investors to enhance its bike-ride sharing and on-demand delivery services in Pakistan.
Target Company Overview
Bykea, a premier bike-ride sharing and on-demand delivery platform in Pakistan, has successfully secured a fresh investment of $10 million from its existing investors. This funding boost highlights the company's strong position within the market and its capacity for growth.
Bykea operates primarily in three major cities: Karachi, Lahore, and Islamabad. Over the past two years, the platform has experienced significant expansion, providing affordable transportation and on-demand delivery solutions to the public.
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Industry Overview in Pakistan
The bike-sharing and on-demand delivery industry in Pakistan has become increasingly competitive, capitalizing on rapid urbanization and a gro
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Disclosed details
Transaction Size: $10M