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.

• France’s Bond Yields Hit 5% as Political Unrest and Debt Concerns Rattle Investors
• Nearly Half of India’s Coal Power Plants Face Fuel Shortages
• eMudhra Certificate Flaw Raises Global Cybersecurity Concerns
• AuxoAI Raises $20.7 Million to Expand Its Enterprise AI Team
• Dr Reddy’s Gets DCGI Approval for Zytorvi Cancer Drug, Shares Slip

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.