Launched in 2015, PickMe users can request a vehicle ranging from an autorickshaws, to a luxury car via a smartphone app. - Screenshot via PickMe. 

Launched in 2015, PickMe users can request a vehicle ranging from an autorickshaws, to a luxury car via a smartphone app.

Screenshot via PickMe. 

Sri Lankan ride-hailing app PickMe is set to receive a $2.5-million equity investment from the International Finance Corporation (IFC), Deal Street Asia reports.

The investment by IFC, a member of the World Bank Group, will help the company expand across the country and increase access to transportation.

Launched in 2015, PickMe users can request a vehicle ranging from an autorickshaws, to a luxury car via a smartphone app. IFC’s investment in PickMe is part of a venture into Sri Lanka, which is expected to attract more domestic and international investments in the country’s technology startups, in addition to other development projects.


Related: Ride-Hailing Group Go-Jek to Invest $500M in Southeast Asia Expansion Efforts


 

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