Project area: Business systems
Project name: Seeking to scale up operations in more regional markets.
Company/Promoter description: Kacyber Technologies is a Business Process Outsourcing (BPO) and transportation technology company. Since its inception, it has established strategic partnerships with local Governmental agencies and other reputable organizations like Microsoft, Amazon, Vignetic Corp., and Uganda Railways Corporation, among others. The company provides an e-ticketing and payment platform for transport sector operators of buses, trains, and ferries. It also offers BPO services and ICT consultancy. Notably, KaCyber’s digital ticketing and payment systems for public transport have been piloted and rolled out across 12 transport operators in Africa. To date, they have processed more than 10 million travel tickets.
Project Description: KaCyber is seeking to scale its e-ticketing platform to more bus operators across the region. This effort will be supported by business development, inventory financing, product enhancements, and business operations. Particularly, USSD integration will be used to tap into grassroots travelers’ markets. These are markers where people do not have smartphones and lack access to the internet.
Project objectives: The scaling of KaCyber technology shall achieve operator onboarding growth, product enhancement, inventory financing, and market expansion.
Promoter contribution: Financing staff payroll and working capital expenses.
Partnership Request: Seeking USD 300,000 in exchange for equity in the business.