Rider

Karachi, Pakistan Founded: 2019 • Age: 7 yrs
Last-mile delivery processes are managed via a technology application.

About Rider

Rider is a company based in Karachi (Pakistan) founded in 2019 by Salman Allana. It operates as a On-Demand Services and Commission-Based. Rider has raised $5.53 million across 3 funding rounds from investors including Flexport, Asian Development Bank and Y Combinator. Rider offers products and services including E-commerce Logistics. Rider operates in a competitive market with competitors including Trax and ShipMyKart, among others.

  • Headquarter Karachi, Pakistan
  • Founders Salman Allana
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website withrider.com
  • Social LinkedIn X Facebook Instagram
Key Metrics
  • Total Equity Funding
    $5.53M (USD)

    in 3 rounds

  • Latest Funding Round
    $3.1M (USD), Seed

    Jun 2022

  • Investors
    Flexport

    & 11 more

Products & Services of Rider

Rider offers a comprehensive portfolio of products and services, including E-commerce Logistics.

E-commerce Logistics
Logistics

Logistics solutions are provided for e-commerce in Pakistan.

Funding Insights of Rider

Rider has successfully raised a total of $5.53M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $3.1 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.

  • Total Funding $5.53M
  • Total Rounds 3
  • Last Round Seed β€” $3.1M
  • First Round $2.3M

    (Oct 2021)

  • Investors Count 12

All 3 funding rounds of Rider with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2022$3.1MSeed––
Dec 2021$125,000Seed–Y Combinator
–
Oct 2021$2.3MSeed–Global Founders Capital, Asian Development Bank
Valuation history

12 investors in total: 11 institutional and 1 angel.

Investors in Rider

Rider has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Flexport, Asian Development Bank and Y Combinator.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Early-stage startups are accelerated via funding and educational programs.
–ycombinator.comMountain View, United States
Investments are directed toward early-stage tech startups by i2i Ventures.
–i2iventures.comKarachi, Pakistan
Early-stage investments are provided by Soma Capital to startups.
–somacap.comSan Francisco, United States
Venture capital fund focused on tech startups
–rebelfund.vcSan Francisco, United States
Tech startups are funded by this venture capital firm.
–fatimagobi.vcLahore, Pakistan
Tech startups are supported by TPL eVentures through investments.
2017tpleventures.comKarachi, Pakistan
Venture capital firm focused on early-stage startups
–globalfounderscapital.comBerlin, Germany
Venture capital firm investing in early-stage tech startups
–gobi.vcKuala Lumpur, Malaysia
End-to-end supply chain logistics platform and services are provided.
2013flexport.comSan Francisco, United States
Advisory services and financial resources are mobilized for development projects.
1966adb.orgMandaluyong, Philippines
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Investor details for Rider

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
  • Investor portfolios
  • Co-investor network

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People of Rider

4 people are tracked at Rider (1 in leadership, 3 in team).

NameRoleGroup
Salman Allana
Founder & CEOLeadership
Muhammad Arsalan
Assistant Manager FinanceTeam
Ali Saleem Sheikh
City Lead Operations LahoreTeam
Tamhasib Ali
Account OfficerTeam
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Complete people profiles for Rider

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  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Timeline of Rider

3 dated milestones of Rider across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Rider is founded.
  2. Funding First funding round of $2.3M.
  3. Funding Latest funding round, Seed, of $3.1M.

Competitors of Rider

Rider 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 Trax and ShipMyKart, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
trax.pk2017Karachi, Pakistan$3.7M–
Last-mile delivery services are facilitated via an e-commerce platform.
shipmykart.com2019Delhi, India–94
Provides cloud-based delivery services for e-commerce operations.
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Detailed competitors of Rider

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Rider

The website of Rider (withrider.com) receives about 1.3K visits a month.

  • Monthly visits
    1.3K

    ▼ 22.4% vs previous month

Similar websites

Websites whose visitors overlap most with Rider. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
bsecure.pk
100%
–#844,488View details
sonic.pk
sonic.pk
90%
–#104,805–
google.com
87%
85.8B#1View details
linkexchange.com.pk
linkexchange.com.pk
84%
–#493,163–

Latest news on Rider

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Complete news archive for Rider

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to Rider

10 companies that operate in the same segment as Rider (Logistics Technology & Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Ride-hailing and on-demand delivery services are aggregated via mobile app.
2012Singapore, SingaporeUSD 9.09 BUSD 3.37 B11,270
Food and grocery deliveries are facilitated through an app-based platform.
2013San Francisco, California, United StatesUSD 2.47 BUSD 10.72 B23,700
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.54 BUSD 2.46 B4,490
Integrated logistics services including parcel delivery and warehousing are provided.
2011Gurugram, Haryana, IndiaUSD 1.25 BUSD 1.12 B62,070
Online marketplace offering multi-category grocery products
2015Barcelona, Catalonia, SpainUSD 1.16 B––
E-commerce tools for shipping, marketing, and financial services are provided.
2012Gurugram, Haryana, IndiaUSD 344.42 MUSD 135.47 M800
App based platform offering on demand delivery and ride-hailing services
2010Jakarta, Jakarta, IndonesiaUSD 4.72 B––
Express delivery logistics solutions are provided for businesses and individuals.
2015Bengaluru, Karnataka, IndiaUSD 246.8 MUSD 447.86 M–
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
2015San Francisco, California, United StatesUSD 915 MUSD 1.62 B3,500
Wolt is operated as a delivery platform for food and groceries.
2014Helsinki, FinlandUSD 827.96 M––
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Frequently Asked Questions about Rider

Rider was founded in 2019 and raised its 1st funding round 2 years after it was founded.

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

Salman Allana is the current CEO of Rider. They have also founded this company.

Rider is a funded company, having raised a total of $5.53M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.3M, raised on Oct 2021.

Comprehensive logistics services are offered by Rider for e-commerce merchants across Pakistan. Solutions include product pickup, swift transportation, and efficient delivery tailored to SMEs. Unique payment models are implemented to address working capital challenges, with merchants paid upon product pickup. Real-time tracking and customer support are facilitated through a user-friendly portal and app. Operations span multiple cities, ensuring flexibility, safety, and convenience with cash collection and reconciliation services.

Rider's top competitors include Trax and ShipMyKart.

Rider offers E-commerce Logistics.

Rider has 12 investors. Key investors include Flexport, Asian Development Bank, Y Combinator, i2i Ventures, and Soma Capital.

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