Boda Boda Safety Association of Kenya has launched a new app called JuuBike that will connect riders to customers in what the association says will streamline the industry...
24 Jan 2018
“We plan to open in six new cities by the end of 2018, significantly increasing ride numbers. We were overwhelmed with interest in the funding round and plan to take many of the positive engagements forward to the Series A round planned for H1 2018.”
Ramesh Awtaney, founder and chairman of iSON Group, one of Mondo Ride’s anchor investors, said he believes the business is primed for growth.
“Mondo Ride is one of the most exciting new technology businesses operating in the large and fast-growing ride-hailing market in Africa and what the Mondo Ride team have developed over the last two years is hugely impressive, and we’re excited to be working together to create an African market leader,” he said.
“Mondo Ride is a great example of the type of founder-led, operationally efficient business that we like to invest in.”
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