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Pathao

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Pathao Ltd
Native name
পাঠাও
Company typeDigital Platform
Industry
FoundedMarch 2015; 9 years ago (2015-03) in Dhaka, Bangladesh[3]
Founders
HeadquartersGulshan 2,
Dhaka
,
Bangladesh
Area served
Bangladesh, Nepal[4]
Key people
Fahim Ahmed (CEO)
Shifat Adnan (CTO)
Services
  • On-Demand Transportation
  • Food Delivery
  • Delivery Logistics
RevenueIncreaseUS$14 million
Number of employees
1200[5] (2019)
DivisionsPathao Bike
Pathao Car
Pathao Food
Pathao Parcel
Pathao Courier (B2B)
Pathao Shop
Pathao Tong
Pathao Pharma
Pathao Health
Pathao Top Up
Pathao Pay Later
Pathao Nepal Private Limited[4]
Websitepathao.com

Pathao (Bengali: পাঠাও, Nepali: पठाओ); is a Bangladeshi on-demand digital platform company headquartered in Dhaka, Bangladesh. The company operates in four cities in Bangladesh: Dhaka, Chittagong, Khulna, Sylhet, and in two cities in Nepal: Kathmandu and Chitwan. Pathao has ride-sharing services, food delivery, courier[6] and E-commerce services.[7][8][9] Pathao is the first major ride-sharing company in Bangladesh to get enlistment certificate from the authorities.[10]

Pathao is a Bengali word meaning "send". The company was founded by Fahim Saleh,[11] Hussain Elius, and Shifat Adnan.[12]

On 1 November 2021, Pathao appointed its chief financial officer, Fahim Ahmed, as Managing Director & Chief Executive Officer of the ride-sharing platform.[13]

History

[edit]

Pathao started as a delivery service back in 2015 with its fleet of motorcycles and bicycles.[14] They acted as a delivery service for several E-Commerce Companies of Bangladesh.[15] Later in 2016, Pathao started bike-sharing services in mid-2016 and successfully signed up more than 100,000 drivers and around 1 million users in March 2018 across the country.[16] In an interview with TechCrunch, Pathao Co-founder, Hussain M Elius confirmed that Pathao currently has over 50,000 bikes registered on its platform and the company is valued at over $100 million as of April 2018.[17] In September 2018, Pathao launched its services in Nepal. Pathao is the first Bangladeshi company to offer On-demand Transport Sharing services abroad.[18] On 3 December 2019, Pathao became the first major ride-sharing service providing company in Bangladesh to get enlistment certificate from the authorities in Bangladesh.[10]

Operations

[edit]

Pathao follows a SuperApp model, providing all of its services through one app.[19]

Services

[edit]

Pathao currently provides on-demand ride-sharing, on-demand parcel, courier, food delivery services in major cities like Dhaka, Chittagong and Sylhet and in Kathmandu, Lalitpur, Chitwan and many more cities of Nepal and Bangladesh. Its food delivery services are currently available in Dhaka, Chittagong, Sylhet and Nepal.[citation needed]

Ride-sharing

[edit]

Pathao provides on-demand ride-sharing services through motorcycles, cars and tuktuks. Both the driver and the passenger is required to have an Android or iOS-based, internet and GPS-enabled, smartphone to avail Pathao's service. Pathao uses a location based system to match the passenger with a driver nearby heading towards the destination. It has more than 100,000 registered vehicles across the country.[20] Ride-sharing service is available in the following cities and suburbs:

Parcel

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Pathao Parcel is an on-demand service to send small to medium-sized packages inside Dhaka city with a minimal cost using the Pathao app. The parcel delivery is usually done through bicycles for nearby locations and motorcycles for longer distances. This service also requires the delivery person and sender to both have GPS enabled smartphones to match with a delivery person nearby.[21]

E-Commerce delivery

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Merchant Delivery was the basis of the foundation of Pathao back in 2015. Pathao delivers in 50+ cities in Bangladesh using their fleet of bicycle, motorcycle and pickup vans. Pathao accepts cash-on-delivery and returns of products on behalf of its merchants as well.

Food delivery

[edit]

Pathao launched on-demand food delivery in Dhaka and Chittagong city in January 2018[22] and used bicycle deliveries to avoid the traffic. It directly competes with local and international delivery companies. A report by the Daily Star claimed that Pathao Food has 80% market share in the country.[23]

Pathao Nepal

[edit]

On 12 September 2018, Pathao announced the launch of its bike-sharing operation in Kathmandu. Several recruitment advertisements for hiring operations managers, marketing managers, and executives were also seen on Nepalese job-seeking websites from August 2018.[20] In May 2018 Pathao appointed Mr. Asheem Man Singh Basnyat as the managing director for Nepal.[24] Pathao Nepal launched its bike services on 24 September 2018, car services on 9 August 2019, and food services on 2 October 2020.[25][26]

Issues

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Pathao Pay

[edit]

On 24 May 2018, Pathao launched its Mobile Wallet service termed as Pathao Pay, through which customers could pay the riders through the app without using cash.

A report published by a local news agency claimed that Bangladesh Bank denied Pathao to launch a Closed Payment Service. In a statement, Pathao Co-founder, Hussain M. Elius said that "We had faced a problem as we started the service as a closed wallet. We will turn the service into an open wallet in the future by fulfilling all the [regulations] and conditions."[27]

Regulations

[edit]

Bangladesh Road & Transport Authority (BRTA) declared Ride Sharing Services illegal in Bangladesh due to conflicts with Bangladesh Motor Vehicles Act.[28] Pathao along with several local Ride-sharing services petitioned against the rule and later lobbied the government to formulate a draft bill to allow operations of Ride-sharing services. The services remained open to the public and on 3 December 2017, the BRTA formulated a guideline for Ride-sharing services. Most of the Ride-sharing services including Pathao was given Operation License in February 2018.[29] On 3 December, Pathao became the first major ride-sharing service in Bangladesh to get enlistment certificate from Bangladesh Road & Transport Authority (BRTA).[30]

References

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  1. ^ Fahim Ahmed (25 October 2023). "'Pathao is HERE WITH YOU', Pathao unveils new brand identity". Pathao Press. Dhaka. Retrieved 25 October 2023.
  2. ^ Saadman Hussain (7 December 2017). "'PATHAO', not just a ride service, it's a courier service as well". The Asian Age. Dhaka. Retrieved 7 December 2017.
  3. ^ স্মার্ট পেশা হিসেবে ‘পাঠাও’ বেছে নিয়েছেন শতাধিক তরুণ. The Daily Jugantor (in Bengali). Archived from the original on 2 July 2017. Retrieved 7 December 2017.
  4. ^ a b Nawaz Farhin Antara (12 September 2018). "Pathao launches in Nepal". Dhaka Tribune.
  5. ^ Islam, Zyma (5 July 2019). "Where is Pathao headed?". The Daily Star. Retrieved 5 July 2020.
  6. ^ "7 local startups get Tk15cr funds from Startup Bangladesh Limited". Dhaka Tribune. 5 August 2021. Retrieved 21 August 2021.
  7. ^ বাড়তি ভাড়ায় শুরু 'পাঠাও কারস্‌'. Banglanews24.com (in Bengali). November 2017. Retrieved 17 December 2019.
  8. ^ "Uber and Pathao". The Daily Star. 16 May 2017. Retrieved 17 December 2019.
  9. ^ "Pathao resumes full service, including bike ridesharing". Dhaka Tribune. 11 August 2021. Retrieved 21 August 2021.
  10. ^ a b "Pathao first major ride-sharing platform to get govt license". The Financial Express. Dhaka. 7 December 2019. Retrieved 17 December 2019.
  11. ^ "Fahim Saleh: Pathao and Gokada entrepreneur found dead in New York". BBC News. 15 July 2020. Retrieved 21 August 2021.
  12. ^ Shohel Mamun (24 September 2017). "Meet the minds behind the success of Pathao". Dhaka Tribune. Retrieved 7 December 2017.
  13. ^ "Pathao names Fahim Ahmed as CEO". The Business Standard. 1 November 2021. Retrieved 21 November 2021.
  14. ^ "The Emerging Logistics Tech Startups, Courier, Delivery Services in Bangladesh". UNB. Retrieved 21 August 2021.
  15. ^ পাঠাও এবার গাড়িও পাঠাবে. Prothom Alo (in Bengali). 2 November 2017. Retrieved 17 December 2019.
  16. ^ Ria, Aayrin Saleha (28 March 2019). "How Pathao Was Created". Future Startup. Retrieved 17 December 2019.
  17. ^ "Bangladesh's version of Go-Jek raises over $10M in a round led by Go-Jek". TechCrunch. Retrieved 17 December 2019.
  18. ^ "Pathao launches in Nepal". Dhaka Tribune. 12 September 2018. Retrieved 17 December 2019.
  19. ^ "Forbes' under 30 list in Asia: 'Pathao will be the super app of Bangladesh'". Dhaka Tribune. 7 April 2019. Retrieved 17 December 2019.
  20. ^ a b "Motorbikes inspire Pathao, Bangladesh's 'two-wheeled' Uber". Nikkei Asian Review. Retrieved 17 December 2019.
  21. ^ "Parcel Delivery Service - Pathao Parcel - Delivery Online". Pathao. Retrieved 17 December 2019.
  22. ^ "Pathao launches 'Pathao Food'". The Daily Star. 22 January 2018. Retrieved 17 December 2019.
  23. ^ "Meals by mail getting popular". The Daily Star. 13 March 2019. Retrieved 17 December 2019.
  24. ^ "Asheem Man Singh Basnyat". Retrieved 22 October 2020.
  25. ^ "Pathao to launch Pathaocar in Kathmandu this Friday". OnlineKhabar English News. Retrieved 22 October 2020.
  26. ^ "Fantasizing Out Ordinary Drools: Pathao food". Pathao. 2 October 2020.
  27. ^ "Bangladesh Bank denies ride-sharing app Pathao permission to add wallet service". bdnews24.com. Retrieved 17 December 2019.
  28. ^ "Uber taxi services in Dhaka illegal: BRTA". bdnews24.com. Retrieved 17 December 2019.
  29. ^ "Ride-apps get nod, need BRTA permit". The Daily Star. 15 January 2018. Retrieved 17 December 2019.
  30. ^ "Pathao gets BRTA license". Dhaka Tribune. 3 December 2019. Retrieved 17 December 2019.
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