Bookme, Pakistan’s top e-ticketing site, has earned $7.5 million in a Series A fundraising round, with over 4.6 million registered consumers in the transportation, travel and entertainment industries.
Bookme.pk, a travel and ticketing platform similar to Traveloka in Indonesia, allows clients to book intercity buses, airlines, hotels, and events in Pakistan online.
With participation from MENA-based BY Ventures and Jabbar Internet Group, New York-based Millville Opportunities, and Silicon-Valley-based Mentor’s Fund, Zayn Capital, seed investor Lakson VC, and UAE-based Hayaat Global led the round.
Faizan Aslam, CEO & Founder of Bookme, shared his thoughts:
“Our focus at Bookme has always been the customer experience. With this mind we have created a fully integrated platform that allows customers to seamlessly make bookings with the click of a button.
We digitized the paper-based transport and travel sector in Pakistan to create a plug and play distribution system that inter-connects reservation systems of intercity buses, domestic & international airlines, hotels and events.
In our view, making the overall experience cashless through APIs to enable Super App payment applications was an integral part of completing the digital experience.”
Bookme is Pakistan’s first cashless platform, with the biggest amount of daily digital transactions for banks and payment gateways. Bookme has teamed with Pakistan’s top mobile wallet platform to provide its clients BNPL services, which harness past data and spending patterns of over six million customers to help ensure a transparent, easy, and effective e-ticketing system.
Bookme is Pakistan’s first cashless platform, with the biggest amount of daily digital transactions for banks and payment gateways. Bookme has teamed with Pakistan’s top mobile wallet platform to provide its clients BNPL services, which harness past data and spending patterns of over six million customers to help ensure a transparent, easy, and effective e-ticketing system.
The road infrastructure and connectivity in Pakistan has improved on an unprecedented scale as a result of huge infrastructure investments over the previous five years, resulting in tremendous expansion of the intercity bus market.
Furthermore, large urban centres in Pakistan are home to a huge number of rural migrants, resulting in a strong demand for bus travel for their daily commute.
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