About Forrun
Forrun is a company based in Karachi (Pakistan) founded in 2014 was acquired by Arpatech in April 2015.. Forrun operates in a competitive market with competitors including Prongo and EasyDelivery, among others.
- Headquarter Karachi, Pakistan
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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Funding Insights of Forrun
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Forrun
Forrun has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Arpatech. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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A boutique IT services company based in Pakistan, offering specialized technology solutions.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Forrun
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Forrun
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Forrun Comparisons
Competitors of Forrun
Forrun 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 Prongo and EasyDelivery, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
On-demand door-to-door delivery is enabled via an online platform.
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| domain | founded_year | HQ Location |
Offers hyperlocal logistics services for efficient and reliable deliveries.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Forrun
When was Forrun founded?
Forrun was founded in 2014.
Where is Forrun located?
Forrun is headquartered in Karachi, Pakistan. It is registered at Karachi, Sindh, Pakistan.
What does Forrun do?
Forrun provides an online booking platform for local package delivery for businesses and individuals. Customers can create a request by providing the details of pickup and delivery on the platform. A delivery agent picks up and delivers the product to the specified address and also collects the delivery charges. As of June 2016, it operates in Karachi and Lahore but also serves intercity delivery requests for Karachi, Lahore, Islamabad, and Rawalpindi. It bills business users on a weekly basis and provides last mile delivery for e-commerce and food segments.
Who are the top competitors of Forrun?
Forrun's top competitors include Prongo and EasyDelivery.
Who are Forrun's investors?
Forrun has 1 investor. Key investors include Arpatech.
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