Bookme.pk, e-ticketing startup raises funding

Bookme.pk, e-ticketing startup raises funding

Bookme.pk, an online easy, hassle free e-ticketing platform for Pakistani cinemas, special events and bus services has announced that it has raised seed stage funding from Element Ventures at $4 million valuation. The company didn’t reveal the real figures but hinted that it raised investment in 6 digits.

After this great achievement, Faizan Aslam, founder and CEO of the company said that, “this investment will help the company to expand its operations and services to other cities of Pakistan”. The company also announced that Faisal Sherjan, Director Jang Group and an experienced individual has joined it as a director to mentoring Bookme’ team as well as help in launching and expanding it services in other cities of Pakistan.

This is a big achievement for young Pakistani startup to get seed funding and to be partnered with Microsoft as Microsoft is agreed to pre-install bookme app in all upcoming windows phones marketed in the region for advertising and increasing the audience of the application. Geo, Hum TV and ARY are also partnered with the company for promotion of their contents and using it application at the back-end which will help this young startup to generate more sale because any ticketing transaction done with GEO or ARY films app is managed by Bookme.

The company started its operations in November 2013 with mission to provide transparent and efficient e-ticketing system in Pakistan. Today, it provides e-ticketing solutions via online web and mobile platform for all major cinemas and bus companies in big cities like Islamabad, Lahore and Karachi.

This is a positive sign for Pakistani startups that international investors are taking interest. In this regard, LUMS centre for Entrepreneurship and plan 9 are also playing a great role to promote entrepreneurial culture in Pakistan and to lure investors.

Also Read:RepairDesk, secures seed funding

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