How BasiGo is dealing with a demand surge

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Founded in 2021, Kenyan startup BasiGo has quickly grown to become a leading electric bus company in East Africa. The company leases buses through a Pay-As-You-Drive model and has signed up 11 public transport companies. In an interview with Mobility Rising, BasiGo Kenya Managing Director Moses Nderitu revealed the company has more than 500 orders.  

• BasiGo raised more than $55 million to date, enabling it to double its monthly assembly to 20 buses. It needs further capital to increase production, which lags behind demand, leading to a months-long backlog of orders.

• “We are still raising more and that will help us grow to get to that point whereby what we are generating with the buses and vehicles on the road should be able to sustain the business moving forward. But at this point, like most startups, you have to rely on fundraising,” says Mr Nderitu. 

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