.
The Egyptian firm expands its operations further in Pakistan and launched its services in metropolitan city Karachi.
Swvl is the first of its kind app-based bus hailing innovator, announced an investment of $25 million in Pakistan by mobilizing half a million Pakistanis by 2023. The investment plan will create around ten thousand jobs a year.
After the successful launch in Lahore, Islamabad and
Rawalpindi, the new bus service expands its services for another big city,
Karachi. At the moment, the country's largest city has the meager infrastructure and deteriorating
public service facilities from the government. So, the Swvl will be welcomed by
Karachiites as it will provide comfortable and safe transport at an affordable
price.
The Swvl is also
planning to start an incubator to fund pre-seed startups to kickstart a healthy
tech ecosystem in Pakistan. Moreover, the company plans to open an offshore
support and engineering office in Pakistan.
The bus-hailing service, Swvl claims to be a convenient, reliable and affordable transport solution with an aim to revolutionize people's lifestyles including transportation by running
busses on fixed routes that users can book seats in through the Swvl app.
Swvl provides an air-conditioned top-notch bus hailing service for just Rs20 through its app which uses the person’s location and destination to determine the shortest possible trip time based on the nearest bus stop.
The Swvl app is now available for both the android and ios app users. SWVL also aims to give women a safe and comfortable ride and enable women to reclaim public space by mobilizing them through safe and sound travel options.
Mostafa Kandil, the founder of Swvl said, "We are also planning to start an incubator to fund pre-seed startups to kickstart a healthy tech ecosystem in Pakistan. Moreover, the company plans to open an offshore support and engineering office in Pakistan.”
“Currently we have introduced 13- and 22-seater vans and Coasters but it doesn’t end here. The buses and vehicles would grow gradually as well as their capacity. We have close to 100 routes in Karachi alone,” said Shahzeb Memon of Swvl Pakistan.
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