Bykea's, the motorcycle bike-sharing and payment platform, CEO and Founder, Muneed Maayr recently sat down to discuss how he and others are bringing changes to Pakistan. Maayr has invested and ventured into banking, online retail startups, and other ventures. Recently his company, Bykea, fund raised $5.7 million and is planning to expand their ride-hailing platform further throughout Pakistan.
TJ: Tell us about your childhood, where did you grow up and what kind of a kid were you?
Muneeb: I grew up in Rawalpindi and I’d say am a proud “Pindi boy”. Our house was very close to Murree Road and we got to witness many political rallies, to the extent sometimes the tear gas shells would end up landing in our house. My schooling was based in Islamabad, but I was always close to the hustle and bustle of Pindi. My parents always gave me the freedom to explore the twin cities and was allowed to use public transport to go anywhere I wanted, so I ended up exploring most of Pindi and Islamabad at a young age of 14 or 15 on public transport.
TJ: What led to your involvement in SNL Financial in Pakistan?
Muneeb: I went to college in the US and then joined Bears Sterns in investment banking and I worked in New York City for a couple of years. Then I joined SNL Financial, a company that sold data to banks. SNL was outsourcing work to India at that time. After a year of my joining, I convinced them to outsource work to Pakistan and in 2004 I moved back to Islamabad from the US to start SNL’s Pakistan operations.
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