By: Hana Kotb
Halan has just scored a multi-million Series A round from international investor Battery Road Digital Holdings and Egypt’s largest VC Algerba Ventures, among other strategic investors.
Launched last year, Halan offers ride-hailing and on-demand transportation for the underserved population that is normally not catered by Uber and Careem or any of the existing tech-driven transportation services in the market. It was founded by Mounir Nakhla, Ahmed Mohsen, and Mohamed Aboulnaga (Careem’s former regional director). The Chief Marketing Officer is Dina Ghabbour (as in, Egypt’s largest automotive companies Ghabbour Auto).
Halan’s fleet consists of two wheelers (motorcycles) and three wheelers, (Tuk Tuk). Halan’s services are currently available across many cities in Egypt, including ride-hailing through motorcycles and Tuk Tuks, as well as on-demand delivery solutions for both business to business and business to customer. Their most popular service has been ride-hailing through Tuk Tuks.
The company’s biggest challenge is that their targeted segment does not usually opt for a tech-based solution when it comes to hailing a ride. However, in less than one year, there were over 3 million trips and 500,000 thousand downloads, so it is safe to say that Halan seems to have done a good job at making it work or even overcoming this challenge completely.
The company has been witnessing massive growth and has grown five times in last three months. Halan even expanded to Sudan and plans expansion across different countries in this coming year. They plan to use the latest investment to fuel their expansion and further develop the technology.
The company currently has a team of about 70 employees, most of whom are based in Cairo, but this number is surely going to grow in this coming year!
Have you tried Halan?