Bykea

Karachi, Pakistan Founded: 2016 • Age: 10 yrs
Two-wheeler ride-hailing and hyper-local delivery services are facilitated online.
Annual revenue - Latest available
Total funding $35.7M 7 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products - Services tracked
Competitors 5 Brand Intelligence

About Bykea

Bykea is a company based in Karachi (Pakistan) founded in 2016 by Rafiq Malik. Bykea has raised $35.7 million across 7 funding rounds from investors including Prosus, Ithaca Capital Partners and Middle East Venture Partners. Bykea operates in a competitive market with competitors including Takeout Group, Clikat, Tasleem and MAKANK, among others.

  • Headquarter Karachi, Pakistan
  • Founders Rafiq Malik
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Road Transportation & Transit Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $35.7 M (USD)

    in 7 rounds

  • Latest Funding Round
    $10 M (USD), Series B

    Jun 27, 2022

  • Investors
    Prosus

    & 7 more

  • Employee Count
    Not available
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People of Bykea

Headcount 50-200
Employee Profiles 16
Board Members and Advisors 1
Employee Profiles
People
Muneeb Maayr
Founder
People
Abbas Shahid
Director Product
People
Baset Chaudhry
CFO
People
Saqib Rafiq Khan
Bdo

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Board Members and Advisors
people
Jonas Eichhorst
Executive Chairman

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Funding Insights of Bykea

Bykea has successfully raised a total of $35.7M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Bykea

Bykea has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Prosus, Ithaca Capital Partners and Middle East Venture Partners.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Tech companies are invested in by this venture capital firm.
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Venture capital firm focused on early and growth-stage investments
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Venture capital funding is provided to Pakistani technology startups.
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Investor details for Bykea

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Bykea

Investments
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Investment portfolio details for Bykea

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Financial Statements - Bykea

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Detailed financials for Bykea

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Bykea Comparisons

Bykea Primary company
Description
Two-wheeler ride-hailing and hyper-local delivery services a...
Location
Karachi, Pakistan
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Bykea

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Competitors of Bykea

Bykea operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Takeout Group, Clikat, Tasleem and MAKANK, among others.

Company Name Domain Founded year HQ Location Description
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Offers a cloud-based dispatching and ordering platform for the food delivery market.
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App-based platform offering hyperlocal delivery services.
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An app-based platform for hyperlocal delivery services.
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Delivers a comprehensive app for efficient delivery services.
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Detailed competitors of Bykea

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Latest news on Bykea

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Complete news archive for Bykea

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Frequently Asked Questions about Bykea

Bykea was founded in 2016.

Bykea is headquartered in Karachi, Pakistan. It is registered at Karachi, Sindh, Pakistan.

Bykea is a funded company, having raised a total of $35.7M across 7 funding rounds to date.

Founded in 2016 in Karachi, Pakistan, Bykea operates as an online marketplace in the ride-hailing and delivery sector. Two-wheeler services for rides and hyper-local deliveries of food, medicine, and groceries are provided through a mobile app available on Android and iOS. Orders are created with pickup and drop details, confirmed by messengers, and tracked in real-time. Additional features include classifieds, payments management, and shopping options.

Bykea's top competitors include Takeout Group, Clikat and Tasleem.

Bykea has 8 investors. Key investors include Prosus, Ithaca Capital Partners, Middle East Venture Partners, Sarmayacar, and Tharros.

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