Lahore, Pakistan – March 10, 2025 – Tripper Technologies, a ride-hailing startup incubated at the National Incubation Center Lahore - NIC Lahore, has successfully raised a six figure (USD) investment from a USA-based angel network, marking a significant milestone in the company’s journey to redefine urban mobility and economic empowerment in Pakistan.

A Cohort-1 startup from National Incubation Center Lahore - NIC Lahore, Tripper Technologies is solving one of Pakistan’s most pressing challenges - safe, affordable, and accessible transportation for students, working professionals, and underserved communities, particularly female commuters.

Socio-Economic Impact: 9,000+ Drivers Empowered, Breaking Barriers for Commuters

In just a few months, Tripper has onboarded over 9,000 full-time drivers, creating sustainable employment opportunities while improving daily commutes for thousands of people. The company is actively addressing key challenges in the mobility sector:

✔ Job Creation & Financial Stability – Providing drivers with stable income and professional training, uplifting entire households.

✔ Safe & Affordable Rides for Female Commuters – Offering enhanced security features and trusted driver networks to ensure safety.

✔ Reliable Transport for Students & Workers – Helping university students and office workers reach their destinations efficiently and affordably.

✔ Tech-Driven Urban Mobility Solutions – Leveraging data and AI to optimize ride allocation, reduce waiting times, and increase driver earnings.

Founders on the Investment & Future Growth

Abdullah Khokhar, Co-Founder & CEO – Tripper:

We are thrilled to have the backing of a reputable USA-based angel network. This investment is a testament to our vision, team, and the impact we are creating in the ride-hailing industry. It will fuel innovation, expansion, and our continued commitment to providing safe and seamless mobility solutions.

Saad Sheikh, Co-Founder & CTO – Tripper:

This investment reinforces our vision and strengthens our ability to transform ride-hailing through AI-powered solutions. With this support, we will accelerate innovation, expand our reach, and enhance the ride experience for our users through smarter, safer, and more seamless mobility services.

Driving Expansion & Innovation

The investment will empower Tripper to:

1. Expand into New Cities – Bringing reliable transportation to underserved areas.
2. Enhance Safety Features – Implementing real-time tracking, emergency alerts, and improved driver verification.
3. Introduce AI-Powered Ride Optimization – Making rides more affordable and efficient.
4. Develop Institutional Partnerships – Collaborating with universities and businesses for exclusive transport programs.

About Tripper

Tripper Technologies is a Pakistan-based ride-hailing platform committed to safe, efficient, and affordable urban transportation. By leveraging technology, driver empowerment, and a commitment to safety, Tripper is redefining mobility for students, professionals, and underserved communities.

About NICL:

The National Incubation Center Lahore - NIC Lahore is a flagship initiative supported by the Ignite - National Technology Fund and the Ministry of Information Technology and Telecommunication. With leadership from NETSOL Technologies Pakistan and a consortium of industry partners, including HBL, Beaconhouse National University (BNU), Plug and Play Tech Center, Accelerate Prosperity - An AKDN Initiative, Daftarkhwan, University of Engineering and Technology, Lahore, and Women Chamber of Commerce & Industry (WCCI). National Incubation Center Lahore - NIC Lahore empowers startups to turn transformative ideas into successful ventures.

National Incubation Center Lahore - NIC Lahore hosts 50 startups annually in its incubation program and 10 in its acceleration program, providing financial support of up to PKR 5 million per startup. Through its partnership with Plug and Play Tech Center, National Incubation Center Lahore - NIC Lahore offers startups access to global accelerator programs and remains committed to ensuring at least 25% women-led startups in its programs.

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