Search form

You are here

  • Home
  • Ride-hailing Bykea turns to rural Pakistan after raising $13 million from Middle East, UK


Ride-hailing Bykea turns to rural Pakistan after raising $13 million from Middle East, UK

This undated file photo shows Bykea riders on the streets in Pakistan. (Photo courtesy: TechCrunch)
Short Url

https://arab.news/6mxza

Updated 03 October 2020
Khurshid Ahmed
Follow

Ride-hailing Bykea turns to rural Pakistan after raising $13 million from Middle East, UK

  • The Pakistani startup has so far raised a total of $22 million with the help of international investors
  • The organization claims it has completely recovered after virus-related lockdowns brought its operations to a halt
Updated 03 October 2020
Khurshid Ahmed

KARACHI: A Pakistan-based, on-demand transport and logistics platform, Bykea, plans to expand its footprint in the country’s rural areas after raising $13 million from foreign investors. 

The four-year-old ride hailing company made the announcement on Wednesday. Its total funding now stands at $22 million, with major contribution coming from the Middle East Venture Partners and Sarmayacar. 

The organization secured the capital by participating in Series B Funding — or the second round of financing for businesses through investment — that was led by Prosus Ventures (formerly Naspers Ventures), a global consumer internet group and technology investor that helps build technology companies. 

The funding that will flow into Pakistan from the Middle East and the United Kingdom this month will be used by Bykea to expand its services beyond the country’s three main city centers. 

“Today we are operating in three cities of the country: Karachi, Lahore and Islamabad. We want to expand our footprint … Our daily transactions in these cities are between 50,000 and 60,000 and we want these transactions to increase by three to four times,” Rafiq Malik, Bykea’s Chief Operating Officer, told Arab News on Friday. 

“We want to enhance our main services of motorcycle-taxi (that generates 80 percent of revenue) and delivery. We want to expand cash and food delivery services and further develop our product range,” he said, adding: “The second type of expansion is to go to other cities and rural areas as, at present, we are only operating in urban Pakistan.” 

The fresh investment inflows have been secured at a time when the ride hailing service has recovered from the impact of coronavirus lockdowns imposed in March this year. 

“During the lockdowns our business was totally shuttered, but when we were allowed to resume our business it did not take us much time to recover. This is the specialty of technology since everyone’s phone has our app and they immediately started using it [after lockdowns were lifted]. Today, I would say that our business has 100 percent recovered to the pre-COVID numbers,” Malik informed. 

The startup, which facilitates customers to pay phone bills and get cash delivered, is confident that the Urdu language interface of its app will play a key role in small towns and cities during the next phase of expansion. 

“Bykea is one of the few internet businesses offering an interface in Urdu and we derive our competitive advantage from being highly localized,” Muneeb Maayr, the organization’s chief executive officer, said in a statement issued on Wednesday. “This approach has helped us become the preferred partner for part-time motorbike gig workers. Our brand is now widely used as a verb for bike taxi and 30-minute deliveries, and the fresh capital will allow us to expand our network to solidify our leading position.” 

Pakistani tech startups have made significant gains due to the growing internet penetration in the country. According to the Pakistan Telecommunications Authority, the country’s tele-density is 79.65 percent or 169 million cellular subscribers, 85 million 3G/4G users, and 87 million or 41 percent broadband users. 

“Pakistan is primed to experience extremely strong growth in internet services over the next decade, with a rapidly increasing middle class. This growth provides immense opportunity for companies like Bykea that are satisfying big societal needs like transportation, logistics and payments through technology-enabled platforms. Bykea has already seen impressive traction in the country and, with our investment, will be able to execute further on their vision to become Pakistan’s super app,” said Fahd Beg, chief investment officer of Prosus. 

The Pakistani startup is confident that the funds for expansion from abroad will change the tech ecosystem of the country and will attract more investors to finance technology-based businesses. 

“They are betting on us that a Pakistani company can compete at a much larger level. This is a very interesting juncture for Pakistan since the country’s tech system will emerge on the radar of international investors on the basis of this investment,” said Malik. 

Topics: Pakistan Bykea charity

Pakistan parliament passes controversial bill to amend cybercrime law

Updated 3 sec ago
Follow

Pakistan parliament passes controversial bill to amend cybercrime law

  • Bill proposes Social Media Protection and Regulatory Authority to block illegal online content
  • Disinformation will be punishable by three years in prison and fine of $7,150 under new law
Updated 3 sec ago
Hasaan Ali Khan

ISLAMABAD: Pakistan's National Assembly on Thursday passed a bill to amend the country’s cybercrime law amid a walkout by opposition parties and journalists who fear the new legislation will be used to censor social media platforms. 
Pakistan adopted the much-criticized Pakistan Electronic Crimes Act (PECA) in 2016, granting sweeping powers to regulators to block private information they deemed illegal. The law provided for up to seven years in prison for “recruiting, funding and planning of terrorism” online. It also allowed “authorized officers” to require anyone to unlock any computer, mobile phone or other device during an investigation.
The government said at the time restrictions under the new law were needed to ensure security against growing threats, such as terrorism, and to crackdown on unauthorized access, electronic fraud and online harassment. However, journalists and rights activists complain that the law has been largely used to go after journalists, bloggers and other people critical of the government and state institutions like the military. 
The new amendment bill now proposes the establishment of the Social Media Protection and Regulatory Authority to perform a range of functions related to social media, including awareness, training, regulation, enlistment and blocking. SMPRA would be able to order the immediate blocking of unlawful content targeting judges, the armed forces, parliament or provincial assemblies or material which promotes and encourages terrorism and other forms of violence against the state or its institutions. The law also makes spreading disinformation a criminal offense punishable by three years in prison and a fine of two million rupees ($7,150).
“Whoever intentionally disseminates, publicly exhibits, or transmits any information through any information system, that he knows or has reason to believe to be false or fake and likely to cause or create a sense of fear, panic or disorder or unrest in general public or society shall be punished with imprisonment which may extend up to three years or with fine which may extend to Rs2m or with both,” a copy of the bill says.
The bill was presented in the National Assembly on Thursday by Federal Minister Rana Tanveer Hussain from the ruling Pakistan Muslim League-Nawaz party of premier Shehbaz Sharif. 
“The bill will not harm but protect working journalists,” Information Minister Ataullah Tarar told reporters after the passage of the bill. “This is the first time the government has defined what social media is. There is already a system in place for print and electronic media and complaints can be registered against them.”
He said “working journalists” should not feel threatened by the bill, which had to be passed because the Federal Investigation Agency, previously responsible for handling cybercrime, “does not have the capacity to handle child pornography or AI deep fake cases.”
Tarar said the government was also aiming to bring social media journalists, including those operating YouTube accounts, under the tax framework.
The operative part of the new bill outlines that the Social Media Protection and Regulatory Authority would have the power to issue directions to a social media platform for the removal or blocking of online content if it was against the ideology of Pakistan, incited the public to violate the law or take the law in own hands with a view to coerce, intimidate or terrorize the public, individuals, groups, communities, government officials and institutions, incited the public to cause damage to governmental or private property or coerced or intimidated the public and thereby prevented them from carrying on their lawful trade and disrupted civic life.
The authority will also crackdown on anyone inciting hatred and contempt on a religious, sectarian or ethnic basis as well as against obscene or pornographic content and deep fakes.  
Rights activists say the new bill is part of a widespread digital crackdown that includes a ban on X since February last year, restrictions on VPN use and the implementation of a national firewall. The government says the measures are not aimed at censorship.

Topics: National Assembly of Pakistan social media Pakistan internet PECA Deepfake

Pakistan Navy takes over command of CTF-151 anti-piracy force at ceremony in Bahrain

Updated 38 min 46 sec ago
Follow

Pakistan Navy takes over command of CTF-151 anti-piracy force at ceremony in Bahrain

  • Task force set up in 2009 in response to piracy attacks in Gulf of Aden, off eastern coast of Somalia
  • Pakistan has held command of CTF-151 a record 11 times followed by Turkiye which has led it 7 times
Updated 38 min 46 sec ago
NAIMAT KHAN

KARACHI: Pakistan Navy has taken over command for the eleventh time of the Combined Task Force-151 (CTF-151), a multinational body set up in 2009 as a response to piracy attacks in the Gulf of Aden and off the eastern coast of Somalia, the navy’s media wing said on Thursday. 
CTF-151’s mission is to disrupt piracy and armed robbery at sea and engage with regional and other partners to build capacity and improve relevant capabilities in order to protect global maritime commerce and secure freedom of navigation. It operates in conjunction with the EU’s Operation Atalanta and NATO’s Operation Ocean Shield.
“Change of Command ceremony held at Combined Maritime Forces Headquarters, Bahrain,” the Pakistan navy said in a statement. “Commodore Sohail Ahmed Uzmi of Pakistan Navy appointed as new Commander of Combined Task Force-151.”
Earlier, the command was held by the Turkish Navy. Pakistan has held the command of the CTF-151 force a record 11 times followed by Turkiye, which has led it 7 times. 
“Pakistan Navy will continue to work with navies of other countries for peace and stability in the region,” the statement quoted Uzmi as saying. 
Command of CTF 151 is rotated between participating nations on a three-to-six-monthly basis. Countries that have led CTF 151 include Bahrain, Brazil, Denmark, Japan, Jordan, Kuwait, Pakistan, the Philippines, New Zealand, Republic of Korea, Singapore, Thailand, Türkiye, the UK, and the US. A variety of countries assign vessels, aircraft, and personnel to the task force.

Topics: Pakistan Navy

Pakistan arrests suspected human smuggler behind Morocco migrant boat tragedy

Updated 46 min 17 sec ago
Follow

Pakistan arrests suspected human smuggler behind Morocco migrant boat tragedy

  • Boat capsized near Morocco’s coast on Jan. 15 while carrying 86 migrants including 66 Pakistanis
  • Moroccan authorities have said 36 people were rescued, survivors include 22 Pakistanis
Updated 46 min 17 sec ago
SAIMA SHABBIR

ISLAMABAD: Pakistan’s Federal Investigation Agency (FIA) said on Thursday it had arrested a human trafficker suspected of illegally sending Pakistanis to Spain on a migrant boat that capsized off the coast of Morocco last week.
The boat capsized near Morocco’s coast on Jan. 15 while carrying 86 migrants, including 66 Pakistanis, according to migrant rights group Walking Borders. Moroccan authorities said a day later 36 people were rescued from the vessel which left Mauritania on Jan. 2, while the Pakistani Foreign Office has said the survivors include 22 Pakistanis.
The tragedy has once again underscored the perilous journeys many migrants, including Pakistanis, embark on due to conflict and economic instability in their home countries.
“Human smuggler involved in Moroccan boat accident arrested,” the FIA said in a statement, identifying the suspect as Muhammad Aslam and saying he was arrested after a raid in the small town of Sambrial in Pakistan’s Punjab province. 

Ahsan Shahzad, father of Suffian Ali, one of the victims of a migrant boat that capsized in West Africa’s Atlantic coastline, is consoled by relatives at his home in the village of Dhola, Lalamusa district, Pakistan on January 17, 2024. (AP)

The statement said Aslam and his accomplices had taken Rs5.35 million from the family of Aamir Ali, who died in the boat accident, and had tried to smuggle him to Spain via Mauritania.
“A case has been registered against the accused and an investigation has been launched. More arrests are expected after the accused are identified,” the FIA said. 

Ahsan Shahzad, shows a picture of his son, Suffian Ali, one of the victims of a migrant boat that capsized in West Africa’s Atlantic coastline, on his cell phone at his home in the village of Dhola, Lalamusa district, Pakistan on January 17, 2024. (AP)

A record 10,457 migrants, or 30 people a day, died trying to reach Spain in 2024, most while attempting to cross the Atlantic route from West African countries such as Mauritania and Senegal to the Canary islands, according to Walking Borders.
In 2023, hundreds of migrants, including 262 Pakistanis, drowned when an overcrowded vessel sank in international waters off the southwestern Greek town of Pylos, marking one of the deadliest boat disasters ever recorded in the Mediterranean Sea. More recently, five Pakistani nationals died in a shipwreck off the southern Greek island of Gavdos on Dec. 14.

Mohammad Akram, left, father of Abu Bakar, one of the victims of a migrant boat that capsized in West Africa’s Atlantic coastline, is consoled by relatives at his home, in Jura village, in the Lalamusa district in Pakistan on January 17, 2024. (AP)

The Pakistani government has ramped up efforts in recent months to combat human smugglers facilitating dangerous journeys for illegal immigrants to Europe, resulting in several arrests.
Prime Minister Shehbaz Sharif has also urged increased collaboration with international agencies like Interpol to ensure swift action against human trafficking networks.

Mohammad Akram shows a picture of his son Abu Bakar, one of the victims of a migrant boat that capsized in West Africa’s Atlantic coastline, on his cell phone at his home, in Jura village, in the Lalamusa district in Pakistan on January 17, 2024. (AP)

 

Topics: Federal Investigation Agency PAkistani migrants anti-human trafficking migrant shipwreck

Related

Pakistan
21 Pakistani nationals among survivors of Morocco boat tragedy— FO 
photos
Pakistan
Pakistan’s deputy PM orders timely assistance for victims of Morocco boat tragedy

Imran Khan calls off talks with Pakistan government over deadlock on judicial commissions

Updated 23 January 2025
Follow

Imran Khan calls off talks with Pakistan government over deadlock on judicial commissions

  • First round of talks aimed at cooling political instability took place on Dec. 23 with two follow up sessions on Jan. 2 and 16
  • At last round of talks, PTI gave government seven days to announce judicial commissions into May 2023 and Nov. 2024 protests
Updated 23 January 2025
Hasaan Ali Khan

ISLAMABAD: Jailed former prime minister Imran Khan has called off negotiations with the government over its failure to establish judicial commissions to investigate violence at anti-government protests organized by his Pakistan Tehreek-e-Insaf (PTI), party chairman Gohar Khan said on Thursday.
Negotiations started last month with the aim of cooling political temperatures in the South Asian nation and three rounds have been held so far. 
The PTI’s demands to the government revolve around the release of all political prisoners including Khan, and the formation of two judicial commissions to probe into violent protest rallies, including one on May 9 , 2023, when PTI supporters rampaged through military offices and installations, and a second one on Nov. 26, 2024 to demand Khan’s release, in which the government says four troops were killed. At the last meeting on Jan. 16, the PTI had given the government seven days to announce the truth commissions, a deadline that expired today, Thursday. 
A Pakistani court last week sentenced Khan to 14 years in prison in a land corruption case, a setback to the nascent talks’ process.
“We [PTI] had given the government time of seven days [to form commissions],” Gohar told reporters outside the Adiala Jail in Rawalpindi where Khan has been incarcerated since 2023. 
“Khan had made it clear that if the formation of the commissions is not announced during this time, then further rounds of talks will not continue … It is sad that the government did not announce anything till today. Hence Khan has called off the negotiations.”
Irfan Siddiqui, the spokesperson for the government’s negotiation committee, said on Wednesday the government would respond to the PTI party’s written demands on Jan. 28.
The talks opened last month as Khan had threatened a civil disobedience movement and amid growing concerns he could face trial by a military court for allegedly inciting attacks on sensitive security installations during the May 9 protests.
Khan’s first arrest in May 2023 in the land graft case in which he was sentenced last week sparked countrywide protests that saw his supporters attack and ransack military installations in an unprecedented backlash against Pakistan’s powerful army generals. Although Khan was released days later, he was rearrested in August that year after being convicted in a corruption case. He remains in prison and says all cases against him are politically motivated.
Protests demanding Khan’s release in November also turned violent, with the PTI saying 12 supporters were killed while the state said four troops had died.

Topics: Imran Khan Pakistan Tehreek-e-Insaf (PTI) party

Related

Pakistan
Imran Khan to appeal land graft conviction in Pakistan high court this week— lawyer
Pakistan
Imran Khan announces ‘Black Day,’ protests on Feb. 8 anniversary of Pakistan general elections

Pakistan holds first training session for Hajj 2025 pilgrims

Updated 23 January 2025
Follow

Pakistan holds first training session for Hajj 2025 pilgrims

  • Around 500 selected pilgrims from the Pakistani capital, suburban areas attended the training workshop
  • The first phase of pilgrim training sessions will continue across the country till February 27, ministry says
Updated 23 January 2025
SAIMA SHABBIR

ISLAMABAD: Pakistan’s religious affairs ministry has held its first training session in Islamabad for pilgrims selected for this year’s Hajj pilgrimage, it said on Thursday.
Around 500 selected pilgrims from the federal capital and its suburban areas attended the training workshop, who were briefed on administrative matters and Hajj rituals.
Hajj pilgrims are being provided training through audio-visual devices and other materials, according to the Pakistani religious affairs ministry.
“The first phase of training will continue across the country till February 27,” the ministry said. “The second phase of training will start after Ramadan.”
The development comes days after Pakistan began training of pilgrims, with the first session in the northwestern city of Peshawar.
Pakistan and Saudi Arabia this month signed the Hajj agreement 2025, under which 179,210 pilgrims from the South Asian country will perform the annual pilgrimage this year. The quota is divided equally between government and private schemes.
Pakistan’s latest Hajj policy has allowed pilgrims to make payments in installments for the first time. Under this scheme, the first installment of Rs200,000 ($717) had to be submitted with the application, the second installment of Rs400,000 ($1,435) within 10 days of balloting and the remaining amount by Feb. 10 this year.
The Pakistani religious affairs ministry has also launched the Pak Hajj 2025 mobile application, available for both Android and iPhone users, to guide pilgrims.
Additionally, the government has announced a reduction in airfare, lowering ticket prices for federal program pilgrims to Rs220,000 [$785.41], down from last year’s Rs234,000 [$835.39].
The Pakistan International Airlines, Saudi Airlines, and private carriers have agreed to transport pilgrims this year.

Topics: Hajj 2025 Pakistani Hajj pilgrims Pakistani Hajj mission

Related

Pakistan
Pakistan to start selection process of Hajj support staff from Jan. 25— religion ministry
Special video
Pakistan
Pakistan begins mandatory Hajj training by holding first session in Peshawar

Latest updates

5 treated after stabbing in south London, 1 man arrested
Pakistan parliament passes controversial bill to amend cybercrime law
Israeli hostages get heartfelt tribute at Tel Aviv drag festival
Turkiye attacking Kurds in northern Syria will be dangerous, Iraqi FM tells Davos
Police in Hungary investigate bomb threats affecting over 240 schools

Search form

Print Edition
Read pdf version Subscribe now
© 2025 SAUDI RESEARCH & PUBLISHING COMPANY, All Rights Reserved And subject to Terms of Use Agreement.