Saturday, 18 May 2024 16:19

Lankan firm takes tech collaboration overseas with ‘JumJum’ for PickMe in Nepal

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One of the first equity investors IFC endorses Lankan firm’s move to support Nepal’s startup ecosystem

PickMe has crossed digital borders and will take the ride hailing market by storm with the launch of their latest technology partnership, JumJum (Let’s Go) in Nepal, a country where 78% of 3.22 million vehicles registered are motorcycles.

 Named as the Motorcycle city, Kath-mandu Valley claims to have over a million motorcycles on their busy roads.

PickMe’s CEO Jiffry Zulfer said it made perfect sense to launch their services for Nepal’s motorcycle segment. JumJum will initially launch in the Kathmandu valley, which is said to be home to 40% of the 2.5 million registered motorbikes in Nepal.

The App which is called JumJum to give a more local feel for Nepali users, is a tech collaboration between PickMe and the largest fintech service provider ‘F1Soft’ in Nepal.

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