WebCareem received seed money of US$ 1.7 million in a round led by STC Ventures in 2013. In 2014, it received funding of US$ 10 million in a Series B round led by Al Tayyar Travel Group and STC Ventures. In November 2015, Careem announced a Series C round investment of US$ 60 million led by The Abraaj Group. WebApr 10, 2024 · UAE-based technology and investment conglomerate e& (formerly known as the Etisalat Group) has announced its intention to invest US$400 million in the UAE-born Careem's super app business, whose...
Careem secures first close of US$500 million investment round
WebJun 15, 2024 · Careem, a transportation startup currently in 80 cities across the Middle East, has raised another $150 million — closing out a $500 million Series E round that it … WebApr 10, 2024 · Careem made a number of acquisitions, such as RoundMenu and Commut, as it diversified its business. Uber acquired Careem in 2024 for $3.1 billion. This latest … equations through mathematica
The Careem investors set to share in the $3.1bn Uber windfall
WebMar 26, 2024 · After months and months of rumors it’s finally been confirmed that ride-hailing giant Uber is picking up its Middle East rival Careem in an acquisition deal worth $3.1 billion — with $1.7BN to ... WebJun 11, 2024 · Careem’s Series A angel investors, which include Saudi’s STC Ventures and Oqal Angel Investment Network, have made 100x return on their investment in the Dubai-based ride-hailing app, according to the tech company. WebDec 7, 2024 · Sources said that Uber is seeking upwards of $700 million investment for Careem, with some sources quoting that the investment being sought was as high as $1 billion. Japan’s SoftBank, one of the biggest technology investors in the world, is in the process of evaluating Careem for investment, said a source. equations that have one solution