Transport sector expands with online coach services

Published: November 3, 2019
Email
PHOTO: FILE

PHOTO: FILE

KARACHI: Pakistan’s transport sector has long been in a deplorable state, however, advances on the technological front have allowed online ride-hailing apps to capitalise on this opportunity.

The launch of Careem and Uber and other such services across the country and their continuing success was an indication of much-needed, and long-absent public transport services. The requirement of public transport and failure of the government in launching such services made room for another venture – coach services.

In a bid to capitalise on this gap, online bus services – Swvl and Airlift – launched their services in some cities of Pakistan. The two online bus service operates on the same model as the cab-hailing apps of Uber and Careem.

Three firms express interest in Pindi’s AC bus service

Speaking at the 021Disrupt conference on Saturday, Airlift co-founder and CEO Usman Gul said, “In the future, mass transit systems will be dynamic in nature and they will cater and adapt to the changing needs of the urban population.” The start-up secured $12 million in Series A financing led by the First Round Capital, a leading US venture capital firm with notable investments in Uber, Square, Roblox, Looker and Notion.

On the other hand, Swvl CEO Mostafa Kandil said his enterprise launched the service aiming to provide affordable and quality travel services to the residents of one of the most populated countries in the world.

Swvl started its services from Lahore and then expanded to Karachi – a city of more than 20 million people and without proper public transport infrastructure. Unlike traditional mass transport systems, these new technology-based companies offer travellers the choice to book the seat in advance and the bus picks them up at the designated time.

Published in The Express Tribune, November 3rd, 2019.

Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.

Facebook Conversations

More in Business