New investors include European Bank for Reconstruction and Development, a multilateral bank that promotes the development of the private sector and entrepreneurial initiative in 38 countries, and Teklas Ventures, the venture capital arm of Teklas, one of the largest electric autofluid systems parts suppliers globally for the auto industry
Additional capital fuels Swvl's growth strategy following the acquisitions of controlling interests in Shotl and Viapool and expanding to 115 cities in 18 countries
PR Newswire
DUBAI, UAE, Feb. 2, 2022