PickMe (IFC-41053)

  • Sri Lanka
Where the impacts of the investment may be experienced.
Specific Location
Colombo, Kandy
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
May 11, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Digital Mobility Solutions Lanka (Private) Limited
The holder of the loan, grant, or other investment.
  • Infrastructure
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 2.44 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Jun 19, 2018

Disclosed by Bank Apr 23, 2018

Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

Digital Mobility Solutions Lanka (Private) Limited (“PickMe”) is a Sri Lankan technology company which provides a ride hailing application that enables customers to hail a vehicle (motor rickshaw, car or minibus) through their smartphone. The proposed investment will support PickMe’s nationwide expansion plans.

Investment Description
Private Actors Description

 Mr. Jiffry Zulfer Hassen is the founder and largest shareholder. Other shareholders include Ajit Damon Gunewardene, Lanka Orix Information Technology Services Ltd, Interblocks Limited, H Capital (Private) Limited, and Ruchi Hubert Gunewardene.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Digital Mobility Solutions Lanka (Private) Limited Client -

Contact Information

Digital Mobility Solutions Lanka (Private) Limited
Ms. Tasnim Salie
Consultant – Corporate Finance
No 309, High Level Road, Colombo 6, Sri Lanka



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