Halan, a startup company out of Egypt, isn't trying to be a carbon copy of every other ride-sharing company. Halan is focusing on providing their services in areas that currently aren't being covered by other companies like Careem or Uber, especially poorer neighborhoods and the far ends of the cities. This will also be Sudan's and Egypt's very first motorcycle ride-hailing service coverage. CEO Mounir and CTO Ahmed Mohsen first came up with the idea for Halan when they noticed the ride-hailing lack of coverage in certain areas.
“I launched Halan to solve a real problem, to serve a real need in the market. While other people were looking at informal and rural communities as spaces full of challenges and poverty, my experience with micro-finance in underserved markets showed me how much wealth and opportunity there is,” Nakhla said in an interview. He was formerly co-founder of Mashroey, Egypt’s largest light-transport financing business, as well as Tasaheel, Egypt’s fastest growing micro-financing business.
The executive team also includes Mohamed Aboulnaga, former regional director of Careem, who is the Chief Commercial Officer, and Dina Ghabbour, Chief Marketing Officer. Both of whom joined Halan months after its launch.
Halan, which means Instantly in local Egyptian parlance, launched in the last quarter of 2017, but in its first year, the startup recorded immense growth including investments and funding. By March 2018, Halan had raised 75 percent of its $2 million goal in a pre-Series A fundraising round. That same month, it expanded across Egypt to the Nile Delta, Giza, Minya, Luxor, Alexandria, and Qalyubia.
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