How Careem has transformed the startup ecosystem of MENA

How Careem has transformed the startup ecosystem of MENA

  • We have spent the past 7 years actively pushing entrepreneurship and innovation through investing in early-stage startups, with the hopes of building role models, creating wealth and jobs, as well as elevating the level of knowledge and skills in our region.
  • Careem is that; our beacon of MENA entrepreneurship; the first to transcend borders and continents, and the first to truly catalyze the Middle East's startup ecosystem.
  • Prior to Careem, regulators in every country in the Middle East did not take regional technology companies seriously.
  • Cash on delivery is the main form of payment in most countries in the region and has been a significant barrier to scaling startups across the Middle East.
  • This is a transformational solution to cash on delivery and, while it has not been launched yet, when this feature does get released, I think it will allow for most of our regional startups to scale much faster and have a drastic impact on the overall growth of technology adoption and startups in the Middle East.


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