Pathao has raised $12 million in a pre-series B funding round as part of the company’s strategic shift towards fintech
A personal assistant convicted of killing and dismembering his former tech entrepreneur boss Fahim Saleh was sentenced to 40 years to life in prison on Tuesday, Associated Press reports quoting Manhattan’s district attorney.
Companies shouldn’t make their existing services worse to push a subscription model that promises to fix these issues.
Pathao, the on-demand digital platform, has just revealed a brand new logo for their company. The logo was publicly revealed in the brand's official Fabook page earlier today with a new slogan: "Here With You".
Pathao, the popular on-demand digital platform, has been chosen as one of the top 40 global technology firms that are outperforming their Western counterparts. The list was prepared by Rest of World, a New York-based tech-focused news publication founded by Sophie Schmidt, the daughter of former Google CEO Eric Schmidt.
The ride-sharing company will utilise its own fund
Pathao, Bangladesh's largest digital services company, was awarded with the Employment Catalyst Award by Prime Minister Sheikh Hasina yesterday for its outstanding contributions to job creation, particularly in the youth segment.
The Bangladeshi startup ecosystem has seen remarkable growth in the past few years with approximately 1,200 active startups across sectors, including fintech, logistics, healthcare, tourism, agriculture and education. In fact, startups like ShopUp, bKash, Pathao, Chaldal, Maya, Shajgoj, and iFarmer have innovated new products and processes to transform the market and have attracted millions of dollars in foreign investments for Bangladesh along with creating thousands of new jobs.
Pathao is relaunching its car ride-sharing service tomorrow, November 8, under a new model that will enable users to find rides faster and at fair prices.
With ride-hailing services growing rapidly in Dhaka, user complaints are also on the rise. But errant operators, drivers, and riders cannot be held accountable because the companies are yet to be registered with the BRTA.
A legal notice was served on Pathao, a local ride-hailing service provider, for over-charging its passengers.
Though the number of motorcycles doubled in Dhaka over the last eight years, experts have suggested controlling the two-wheeler as it is a "very risky mode of vehicle".
A passenger of Pathao, ride-hailing service, dies and the biker is injured when a double-decker bus hit the bike on Airport Road in Dhaka.
Local ride-hailing service Pathao has closed yet another round of funding (Pre-Series B) which now puts this startup's valuation a bit north of $100 million. The news broke a few days back and was later confirmed by Hussain Elius, the CEO of Pathao. The latest round was led by Indonesian ride-sharing startup Go-Jek, and according to TechCrunch, the amount is more than $10 million. However, no official confirmation has been received from Pathao
The service of ride-hailing app Pathao has been resumed across the Dhaka city several hours after its suspension.
Popular ride hailing mobile apps like Uber and Pathao have been given approval from Bangladesh’s cabinet division under a framework of fresh guidelines.