We hosted a BonBillo community session to welcome Ashna Thakkar to the BonBillo team and celebrate LULA's acquisition of Zeelo in South Africa. Our alumni founders shared their highlights from the previous quarter and goals for the next quarter of 2024.

Congratulations to BonBillo alumni, LULA, on their acquisition of Zeelo’s South African subsidiary 🚗 ♻️ 

"LULA, a ride-sharing platform for office workers, has acquired the South African subsidiary of US-based staff bus-sharing startup Zeelo.

Transportation is the biggest work-related expense for South Africans, according to data by Statistics South Africa. Workers spend an average of R2,180 ($121) when they use their cars and R960 ($53) if they use taxis. Platforms like Uber for Business, MoveInSynch and LULA currently enable employers to reduce this cost for employees. With the acquisition, LULA aims to gain a larger market share.

Founded in 2018 by Velani Mboweni and Xabiso Nodada, LULA operates in five cities in South Africa and has completed 700,000 rides for over 380 companies. The company also has over 1,000 registered drivers and shuttle fleet operators. LULA does not own the vehicles but partners with individual drivers and shuttle fleet operators to provide the rides for a commission ranging from 20% to 40%. 

Through the revenues generated from Zeelo’s operation, LULA will also become cashflow positive, allowing it to 'scale smart, rather than scale fast' according to Mboweni."

We're delighted to partner with DocSend  🤝🏻

DocSend allows you to securely share your pitch deck and streamline fundraising. With DocSend, you maintain control over sensitive fundraising documents, know which investors are engaging with your decks and get real-time, actionable feedback with document analytics. BonBillo's community will get up to 90% off Docsend for a year.

BonBillo Impact Jobs Board - Latest Opportunities  🚀

Join one of our community startups contributing to sustainability in logistics, mobility and fashion.

Freight Tiger's mission is to make logistics frictionless and reduce carbon emissions in India.  🚚 ♻️

• Associate Supply
• Assistant Manager, Launch
• Solution Design Manager (Supply Chain Consultant)
• Customer Success Associate
• Senior Cyber Security Engineer
• Senior Engineering Manager (Enterprise Software Solutions)
  All open positions at Freight Tiger.

Pinky Promise is a platform that provides affordable, instant and reliable sexual and reproductive healthcare to Indian women.  🏥

• Marketing Manager
  All open positions at Pinky Promise.

Check out all open roles at BonBillo community startups on our Impact Jobs Board. If you're looking to recruit for your social impact startup, you can post a free job listing for greater visibility here.

Congrats to BonBillo alumni and community members on their wins!  🏆