You can be the next Investor. Download Beban Crowdfunding mobile app now via App Store and Google Play!

N/A

Bawabtek

Bawabtek Manama, Bahrain

Equity
Amount Raised
$900.000
Goal
$135,000.000
1% Investments
26 Days Left
6% Complete (success)

This Campaign is open for both accredited & no-accredited Investors.

N/A

Bawabtek

Bawabtek Manama, Bahrain

Raise Details

Fixed Investing This Campaign started on February 12, 2024 and will close on May 12, 2024, 9:00 pm.
(UTC/GMT 12 May,2024 21:00 pm)
  • Campaign Deal Type
    Equity
  • Investing Goal
    $135,000.000
  • Current Reservations
    $900.000
  • Minimum Reservation
    $100.000
  • Start Date
    02-14-2024
  • Closing Date
    05-13-2024

Elevator Pitch

 A platform tailored to the sale and booking of event tickets, tourist activities and hotels.

Cap Table

Sr. NO Investor Name Pre-investment (%) Post-investment (%)
1 Fatema Abdulqader 100.000 0.000
2 Anas Mohamed 0.000 35.000
3 Khaled Mohamed 0.000 35.000
4 Incoming investor(s) 0.000 30.000

Company Overview

Bawabtek is a platform tailored to the sale and booking of event tickets, tourist activities and hotels.                                                                                 

B4BH (Bawabtek) is an influential social media account with over 500,000 followers that promotes tourism activities. The platform operates as a directory and booking system for activities around Bahrain. Expecting to launch its app in early 2024, Bawabtek, the business seeks to capitalize on its followers through the sale of reservation of event tickets, touristic activities, and hotels while providing promotional offers, discounts, and rewards to its customers. 

Business Model

Tractions

Use of funds

  • Mobile App Development (39%): Development of a  portal application developed by an outsourced developer.
  • Marketing (29%): Lamppost, Mall Marketing inside screen, Mall Marketing outside screen, Digital Marketing
  • CAPEX (20%): Office equipment and commercial registration.
  • Operational Expenditure (12%): Salaries, SIO, office rent, utilities, and administrative expenses

Growth Plan:

  • Mobile App Launch ( July 2024): App launches ticket reservations and activity/event bookings for convenience.
  • Hotel Reservations Launch ( September 2024):  To Add a competitive advantage to the app by offering a a convenient hotel reservation option.
  • Call Centre Launch (March 2025): Launching bilingual call center for 8 hours, 5 days, handling reservations.
  • Launch in Oman (2027): App expands to Oman, providing ticket reservations and activity/event bookings.

Connect with Company

Leadership

Anas Mohamed

The leader

Co-Founder & CEO
Khaled Mohamed

The leader

Co-Founder & CFO

Updates

This section is only viewable to those who are granted full or partial access to the investors.

Request Access

Comments

This section is only viewable to those who are granted full or partial access to the investors.

Request Access

This section is only viewable to those who are granted full or partial access to the investors.

Request Access

Investor Details

This section is only viewable to those who are granted full or partial access to the investors.

Request Access