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Kenya-based Online Ticketing Platform QuickBus Raises Seed Funding Led by Shorooq Partners

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Kenya-based Online Ticketing Platform QuickBus Raises Seed Funding Led by Shorooq Partners

QuickBus, an online ticketing platform based in Kenya has raised undisclosed funding in a seed round led by UAE-based Shorooq Partners.

The round had additional participation from a number of other investors including EchoVC and the Oman Technology Fund (OTF).

QuickBus allows long-distance bus travellers to book seats through its mobile application. While providing a hassle-free experience, the platform also allows users to view reviews of different buses before booking.

“When you book a bus, you should know more than the price and the destination, you should also know more about the experience you’re going to have. That’s how it is in other parts of the world and Africa shouldn’t be any different,” said Humphrey Wrey, founder and chief executive officer (CEO) of QuickBus.

The startup currently operates in Kenya, Uganda, and Angola has partnered with Visa, Safaricom’s Mpesa and MTN among others to offer flexible payment options for its users.

Read: IFC Launches Global Health Tech Challenge to Spur Innovation in East African Health Care

“Having grown up and operated businesses in the region I have experienced first-hand that the opportunity in the long-distance mobility space in Africa is massive and having seen this segment disrupted in other emerging markets we were actively studying the East African market to see who was leading the way. This is when we met QuickBus and its strong management team, which made us firm believers in their ability to execute and dominate this space,” said Kunal Savjani Partner at Shorooq Partners.

According to the founder, the platform has processed more than US$40,000 worth of ticket sales between February and May 2019 across its four markets.

QuickBus joins Mobiticket and BuuPass in the seemingly attractive bus ticketing market in Kenya. BuuPass which secured US$1 million from the Hult Prize has partnered with Safaricom, Kenya’s largest Telecommunication Company to launch a service that will allow travellers in the country to book and purchase bus tickets online.

The service which is available online (buupass.com) and through USSD (*877# ) allows customers to book from a choice of five bus operators including Easy Coach, Modern Coast, Greenline, Palmers and East African Shuttles and make their payments through mobile money service, M-Pesa.

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CEO and Founder at Founder360° Magazine.

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