An e-ticketing and payment platform
Deal Details

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Open( Debt & Equity Financing )

UGX 2,700,000,000

300-400m

IT & IT Enabled services

22nd November 2021

30-05-2022

an e-ticketing and payment platform

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

Business plan

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