Category: Mobility Companies

Captains are the lifeblood of Careem. When we started Careem just over six years ago we did so with only 25 Captains in Dubai – soon we will have a million Captains in over 100 cities in 14 countries.

Careem relies on its Captains, but those Captains need to have a car, so in some of the markets where people want to work for us but can’t afford a car we help them. Pakistan is one such market.

A person may not have been credit-worthy before, but with the income that we are able offer them we can guarantee to a lender that they are credit worthy, and that the future Captains will be earning an income. We also work with government initiatives to help people become employed.

In Pakistan we also work with the FleetCo department. The FleetCo department was setup to ensure multiple streams to generate quality supply for Careem.

In the past year, the FleetCo team has established three partnerships with financial institutions – JS Bank, Telenor Bank and UBL.

The JS and UBL partnerships are..

RISE is the largest tech conference in Asia and brings speakers from the world’s biggest companies, most exciting startups, media and investors to their annual meeting in Hong Kong. Over 14,000 people from 90 countries gathered this month and Careem’s co-founder Mudassir Sheikha was one of the key speakers.

Mudassir spoke about the biggest mistake he’s made; the importance of hiring people who are super ambitious; why Careem doesn’t have employees and the two things that startups in the Middle East really struggle with.

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Key people from Careem are regularly being asked to speak at events, such is the interest in what we are doing. Last month Junaid Iqbal, Managing Director of Careem Pakistan, gave a TEDx talk on the philosophy on knowing that you know nothing.

For more on the RISE click here.