Careem expansion continues with 50 destinations now serviced across the MENASA region. The recent addition of 3 new cities in Pakistan ensures the app-based ride-hailing service is accessible in more than 50 cities within 4 years since its launch in Dubai, UAE.
Careem has launched initial operations in three new cities in Pakistan – Peshawar, Hyderabad and Faisalabad.
The move extends Careem’s presence in Pakistan to 6 destinations, while taking its overall tally to more than 50 cities across the broader MENASA (Middle East, North Africa and South Asia) region, including Turkey. Careem already operates in the capital Islamabad and in Pakistan’s two most populous cities – Karachi and Lahore.
Mudassir Sheikha, co-founder and CEO of Careem, said,
“Testament to our continued expansion and ambitions for further growth is the recent USD 350 million tranche of investment in our company, making Careem one of the few tech unicorns in the Middle East and North Africa.”
Careem will launch with two car types during the initial launch phase in the new cities – Economy in Hyderabad and Peshawar, and Business in Faisalabad.
Careem users in Peshawar, Hyderabad and Faisalabad will have access to complete information on their Captains who drive them, along with access to a 24×7, dedicated call center manned by a multi-lingual team of 200 employees.
Last month, Careem announced a funding round of USD 500 million in the company with USD 350 million already secured from new and existing investors. Co-led by Rakuten, Inc., a global leader in internet services and innovation headquartered in Japan, Saudi Telecom Company (“STC”), the largest telecom operator in the Middle East.