Swvl offers an app that allows customers to book fixed rate rides on buses and vans in their network.
Swvl offers an app that allows customers to book fixed-rate rides on buses and vans in their network. It allows people to share a ride in a van or bus during morning and evening commutes for a fixed flat fare with no surge pricing. Through an app, one can book a ride at an affordable rate.Launched in 2017, Swvl has its headquarters in Dubai, United Arab Emirates.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jun 20, 2019 | Series D | $68M | 1 | — | — | Detail |
Jul 17, 2017 | Seed | $500K | 1 | Careem | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Careem | Yes | Seed |
Autotech Ventures | — | Series D |