A bus-hailing service, Swvl plans to invest $25 million in Pakistan. The $25 million investment could change the way of traveling in three metropolitan cities of our country. By selecting a van or a bus, people are not only saving their money but also have an affordable way to travel where they want to go.
Swvl plans to invest in Pakistan and it is a dependable, affordable and suitable transport solution. Its goal is to change the way of people in developing countries travel by running buses on their fixed routes that users can book seats in with the help of swvl app.
Founder of Swvl, mostafa kandil revealed that, they have plans of mobilizing half a million Pakistanis and creating 10,000 jobs in a year. They are also planning to start an incubator to fund pre-seed startups to kickstart a healthy tech ecosystem in Pakistan. The company also plans to open an offshore support and engineering office in Pakistan.
The plan to mobilize the citizens and the creation of jobs will have a huge impact on our economy. This planned investment shows the impact of startups in our ecosystem and how they can help in improving the lifestyle of our country and create new opportunities.
The global mobility leader in mass transit space launched in Nairobi over six months ago and started its operations in Lahore this year. Pakistan is the second International market for the company and half of its employees are Pakistanis. It is the first startup in the mass transit space to launch in Karachi, Lahore and Islamabad.
The bus hailing service aims to enable women to reclaim public space, mobilize people and do their part in moving Pakistan forward. The investment will further change the transportation scene in the country by providing a perfect option to travel with convenience at an amazing cost.
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