An e-ticketing and payment platform

An e-ticketing and payment platform

Deal Details

coins Directors/Owners

coins Type of investment
Open( Debt & Equity Financing )

coins Amount To Raise
UGX 2,700,000,000

coins Average monthly revenue(Turnover)

category Sectors
IT & IT Enabled services

calendar Posted on
22nd November 2021

clock Deal Due Date

proposals Product/services
an e-ticketing and payment platform

proposals Stage of growth
Early growth: Company has a proven business model and needs to grow to become a sustainable

category Business Particulars
Business plan

category Funds Needed For
Working capital/stock/inventory

Deal Descrption

An e-ticketing and payment platform keen to make seamless mobility a reality in Africa. It offers its customers a reliable and affordable e-ticketing platform a combination of intelligent hardware and software. It earns approx 0.5% of tickets processed, and 5% on online ticket bookings. It is serving over 5 local fleet bus companies and the Uganda Railways. It has generated an accumulated revenue of over $93,000 so far since start of operations in 2019. Seeking Seeking for USD 750K to grow staff, improve technical assistance & R&D capacity, increase e-ticketing penetration by 20% scale a goods delivery service