Online ticketing start-up BuuPass raises Ksh.163M to expand local operations, enter Uganda
Kenyan online ticket-booking start-up BuuPass is seeking to scale operations in the country and expand to Uganda after securing Ksh.163
million ($1.3 million) in a pre-seed round.
BuuPass offers transport operators a bus
management system (BMS) to manage their operations, inventory and sales.
The firm, founded by
Wyclife Omondi and Sonia Kabara in 2016, connects clients to its business-to-business-to-consumer
It enables passengers to search, compare and book their
bus, train and flight tickets across websites, apps or USSD codes, making it easy to
book tickets online seamlessly.
American technology outlet TechCruch reports
that Founders Factory Africa, Adaverse,
Gullit, FrontEnd Ventures and Five35 participated in the funding round.
Renew Capital, Changecom, XA Network, Ajim
Capital, Artha Ventures, Daba Finance, Google Black Founders Fund also raised
capital, alongside several angel investors.
“With this funding, we are excited to expand
our footprint in Kenya and Uganda and are actively looking for opportunities to
bring our platform to other African countries,” Kabara said in a LinkedIn post.
“Our ultimate goal is to create a
comprehensive, continent-wide network of interconnected transport options for
the seamless movement of people,” she added.
She additionally told the publication that
the startup is also seeking to hire a team on the growth side and technology
experts to can build systems for scale.
BuuPass’ BMS has a point-of-sale offering to
capture transactions and a module to manage parcel services.
The company says operators using its product
are able to manage their fleets and businesses better by doing away with pen
and paper, and also getting data to draw insights from and reduce cash leakages.
Its clients, which include Madaraka
Express, Easy Coach Limited and Modern Coast Express, have
additionally increased their sales from online bookings, BuuPass says.
BuuPass says it handles 25 bus companies,
with 12,000 bookings a day. It notes that so far, it has recorded over 9
million ticket sales.
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