An e-ticketing and payment platform
Deal Details
Directors/Owners undefined
Type of investment Open( Debt & Equity Financing )
Amount To Raise UGX 2,700,000,000
Average monthly revenue(Turnover) 300-400m
SectorsIT & IT Enabled services
Posted on 22nd November 2021
Deal Due Date
30-05-2022
Product/servicesan e-ticketing and payment platform
Stage of growthEarly growth: Company has a proven business model and needs to grow to become a sustainable
Business ParticularsBusiness plan
Funds Needed ForWorking 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