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Home Business & Economy

বিনিয়োগ 12 million in foreign investment passenger startups

pobnews24 by pobnews24
September 14, 2021
in Business & Economy
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বিনিয়োগ 12 million in foreign investment passenger startups
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POBNEWS24, Sep 14, 2021 :The journey of startup organization ‘Jatri’ started by providing ticketing service through app in public transport in Dhaka Cantonment area. Due to its success, the company connected the bus counter management service to the app. Gradually, passengers became involved in ticket management of many privately owned buses in Dhaka as well as Sylhet and Chittagong.

Within two years of its establishment, one thousand passengers have been working with Inter City or Antzela and City buses. So far, the company has sold 3.5 million bus tickets to Dhaka, Chittagong and Sylhet. Passengers were also involved in the bus ticket management of the government agency BTRC last year. In addition, the startup has launched a ride sharing app this year. Through this microbus can be rented. Interested drivers offer different fares when a passenger sends a request through the app. Then he can choose the car according to the passenger’s choice.

The Bangladesh and Singapore-based startup has received US ১২ 1.2 million in foreign investment. In Bangladeshi currency which is more than 100 million rupees (1 dollar = 75 rupees). The ‘Pre-Series A’ has been invested in Passenger by Chinese company Reflect, Singapore-based BTFV Vision Fund and SBK Tech Ventures. In addition, the startup has previous investors. When a new venture shows good results in the market with initial capital, they are invested in this category. His next step is to invest in pre-series. The passenger authorities have confirmed this information after receiving foreign investment on Monday.

The three co-founders of the passenger are Aziz Arman, Khandaker Taswar Jahin and Zia Uddin. Among them, Aziz Arman is serving as the Chief Executive Officer (CEO).

Passenger CEO Aziz Arman told Prothom Alo that big companies have modernized their ticket management. However, privately owned bus ticket management was traditional. But more people get on those buses and go to their destination. That’s why we start passengers by targeting them. “With the new investment, we will increase the quality of service to our partners,” he said. Apart from that, I am planning to serve the passengers directly.

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