Download Unicorn Signals App

Powered By EquityPandit
 Signals, Powered By  EquityPandit

Arcab Raises Seed Round From We Founder Circle

Picture Source: Internet

Arcab, a Dubai-based start-up and technology-enabled bus aggregator, has raised an undisclosed sum in a seed round by We Founder Circle, UpSparks VC, Charles & Zaim Azrak, and other angel investors.

Arcab allows fleet owners to make more money by increasing the utilisation of their vehicles. The company works with 40 plus operators, including Europcar, Avis and Dubai Taxi corporation with over 3k+ buses in their supply pool.

The brand plans to utilise the funds to build, maintain and scale the technology infrastructure that facilitates the multi-sided marketplace.

The startup will also focus on scaling operations, building the brand and creating a sale and marketing engine to fuel expansion.

Get Daily Prediction & Stocks Tips On Your Mobile