88mph-backed Bus Ticketing Platform BookNow Raises $75000 From Local Angel Investors

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1238035_410844059017568_939895365_n88mph-backed BookNow, a bus booking platform has raised $75,000 from 10 angels including businessmen Mahendra K.D. Shah, Ravi Shah, Ritesh Doshi and four of 88mph’s investors and team members.

Confirming to TechMoran, Francis Gesora, Co-Founder and CEO of BookNow said, “We have raised $75,000 from angel investors and the bulk of this is going to be used on hiring customer support staff and to accelerating growth and also improve our product offering.”

Earlier the firm had raised $15,000 from 88mph to bring sanity to the public bus system which is used by the majority of travellers in Sub-Saharan Africa. BookNow, the first of its kind in East Africa gives users access to information on schedules, pricing, availability of seats as well as enabling them to book their bus tickets pre-travel to avoid congestion and commotion associated with last minute bus bookings.

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The funds will also help BookNow continue its journey of bringing advantages in speed, information, cost and time savings to bus travellers and the industry. “We have been able to pull together an investor pool that brings strategic advantages to BookNow’s operations through their skills and expertise, which we are able to draw upon as we grow and expand,” he said in a statement.

Gesora together with a friend Michael Nguru founded the company in August 2013 and today, it is East Africa’s premier online bus ticket ordering service providing travellers the convenience of pre-booking their travel tickets online or on mobile phone for their journey’s in Kenya and Uganda.

The Nairobi-based company pegs its growth to its initial funding from pan-African seed fund 88mph.

 

 

 

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Sam Wakoba
Based in Nairobi, Kenya, Sam Wakoba is a pan-African technology journalist, author, entrepreneur, technology business mentor, judge, educationalist, and a sought-after speaker and panelist across Africa’s innovation ecosystem. He is the convenor of the popular monthly #TechNight evening event and the #StartupEast Awards and Conference, platforms that bring together startup founders, developers, entrepreneurs, investors, content creators, and tech professionals from across the continent. For more than 16 years, Sam has reported on and analysed Africa’s technology landscape, covering some of the continent’s most impactful, and at times controversial policies, programs, investors, co-founders, startups, and corporations. His work is known for its independence, depth, and fairness, with a singular goal of helping build and strengthen Africa’s nascent technology ecosystem. Beyond journalism, Sam is a business analyst and consultant, working with brands, universities, corporates, SMEs, and startups across East Africa, as well as international companies entering the East African market or scaling across Africa. In his free time, he volunteers as a consulting editor and fintech analyst at Business Tech Kenya, a business, technology, and data firm that publishes reports, reviews, and insights on business and technology trends in Kenya. Follow him on X: @SamWakoba