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.

• NTPC Green Energy Arm Wins 500 MW SECI Peak Power Tender
• Natco Pharma Facility Gets 4 USFDA Observations; Shares Up 
• Aurobindo Pharma Shares in Focus After USFDA Issues 1 Observation
• Key Factors Behind Today’s Market Rally
• Stocks in Focus: Caplin Point, Natco Pharma, and Others 

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.