Careem

Careem is a car booking platform that connects passengers with local drivers, facilitating convenient and efficient transportation. The platform allows users to request rides in a matter of minutes, providing transparency by displaying the cost upfront. Payments are seamlessly processed through the passenger's chosen credit card, ensuring a hassle-free experience. By creating a marketplace of community drivers, Careem offers affordable transportation solutions, catering to the diverse needs of its users.

Abdulla Elyas

Co-Founder and CPO

Wael Nafee

VP Product

Magnus Olsson

Founder and Managing Director

Mudassir Sheikha

Co-Founder and CEO

Past deals in Ride Sharing

Commut

Acquisition in 2018

Commut is a mobile-based minibus service designed specifically for daily office commuters, offering a convenient and affordable transportation solution. The company operates air-conditioned minibuses on popular routes, providing high-frequency service to ensure reliability. Through its user-friendly application, Commut allows users to select specific pickup and drop-off points, facilitating a point-to-point travel experience. The app enables users to choose their routes and book seats in well-maintained shuttles, driven by trusted drivers, thereby enhancing the comfort and ease of their daily commutes. Commut's goal is to transform the daily travel experience into a more comfortable and hassle-free journey for its users.

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