Careem is an app-based car service that connects people to rides in a matter of minutes, at the tap of a button.
Founded in 2012 by Mudassir Sheikha and Magnus Olsson - Careem started in Dubai and has since grown to 22 cities across the Middle East, North Africa and Asia.
Careem has raised $150M in their Series E funding on Jun 14, 2017 at a valuation of $1B. To date the company has a total funding of $571.7M in 6 Funding Rounds.
Careem acquired enwani & Savaree to overcome pains of COD.