Sunday, May 5, 2024

Pakistan’s Mobility Startup BusCaro Raises Pre-seed Finance of $1.5 Million

Maha Shahzad started BusCaro to help people in Pakistan, especially women facing problems like harassment on public transport. BusCaro works with schools and factories to offer safe rides for students and workers.

They make sure rides are secure by checking backgrounds, inspecting vehicles, and using tracking features.

Now, BusCaro is in many big cities in Pakistan and aims to make a profit by early 2024. They’ve earned $2.5 million in revenue so far.

Recently, they got $1.5 million in pre-seed funding from investors like Orbit Startups, Wahed Ventures, and others in the transportation field. This investment will help BusCaro grow and make transportation safer for more people.

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