Other Deals
Dubai's bus aggregator Arcab raises funds from We Founder Circle, UpSparks VC, others
Dubai-based Arcab, a technology-enabled bus aggregator, has raised a seed round from We Founder Circle with participation from UpSparks VC, Charles and Zaim Azrak, and other strategic angel investors. It will use the funds to build, maintain and scale the technology infrastructure. The startup will also focus on activities related to scaling operations, building the brand and expanding sales and marketing. Arcab aims to help fleet owners increase the utilization of their vehicles. It works with 40+ operators including Europcar, Avis, and Dubai Taxi corporation with over 3K+ buses in its supply pool.
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