About Townsmate
Townsmate is a company based in Karachi (Pakistan) founded in 2016 by Ibrahim Asif, Shamaila Mahmood, and Mustafa Khan. It operates as a B2C. Townsmate operates in a competitive market with competitors including Takeout Group, Delivery Chacha, Faaizy, Helper Bazar and Fowrry, among others.
- Headquarter Karachi, Pakistan
- Founders Ibrahim Asif, Shamaila Mahmood, Mustafa Khan
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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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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Funding Insights of Townsmate
| 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 |
Investments & Acquisitions by Townsmate
| 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 - Townsmate
| 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 |
Townsmate Comparisons
Competitors of Townsmate
Townsmate 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, Delivery Chacha, Faaizy, Helper Bazar and Fowrry, 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 |
Offers a cloud-based dispatching and ordering platform for the food delivery market.
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| domain | founded_year | HQ Location |
Concierge delivery service
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| domain | founded_year | HQ Location |
Online platform offering on-demand hyperlocal delivery services
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| domain | founded_year | HQ Location |
Delivers food, groceries, medicine, and items to homes in Pakistan.
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| domain | founded_year | HQ Location |
Hyperlocal delivery app for groceries, medicines, and essentials is provided.
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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 Townsmate
When was Townsmate founded?
Townsmate was founded in 2016.
Where is Townsmate located?
Townsmate is headquartered in Karachi, Pakistan. It is registered at Karachi, Sindh, Pakistan.
What does Townsmate do?
Townsmate provides an app-based solution for hyperlocal multi-vertical delivery, focusing on leveraging cutting-edge technology, digital platforms, offering delivery services, and hyperlocal logistics. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Townsmate?
Townsmate's top competitors include Faaizy, Delivery Chacha and Fowrry.
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