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Careem Networks

careem.com

Founded Year

2012

Stage

Acquired | Acquired

Total Raised

$771.7M

Valuation

$0000 

Revenue

$0000 

About Careem Networks

Careem is a ride-hailing service provider serving the Middle East region. The company's customers can order a car online or using the mobile app, track their rides in real-time, pay with credit cards, and access receipts online. The company was founded in 2012 and is based in Dubai, United Arab Emirates.

Headquarters Location

4004 Shatha Tower Dubai Media City

Dubai,

United Arab Emirates

+971-4-440-5222

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Expert Collections containing Careem Networks

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Careem Networks is included in 2 Expert Collections, including Mobility-as-a-Service.

M

Mobility-as-a-Service

560 items

Companies developing solutions to streamline the way people move themselves. Includes companies providing on-demand access to passenger vehicles and micromobility solutions as well as companies integrating multiple modes of transport, including public transit, into one service.

C

CB Insights IEM Industry Leaders

1,963 items

Industry Leaders list for industrials, energy, and mobility (broken down by individual sheets)

Latest Careem Networks News

‘Captain of Careem Networks’: Court orders cab-hailing service to use amended title for its drivers

Sep 18, 2021

‘Captain of Careem Networks’: Court orders cab-hailing service to use amended title for its drivers In this file photo, a "captain" of Careem checks her work app before driving her car in Islamabad on Dec 7, 2016. — Reuters/File A district and sessions court in Rawalpindi has ordered ride-hailing service Careem to use the term “captain of Careem Networks” for its drivers instead of just "captain", it emerged on Saturday. The order dated Sep 14 — a copy of which is available with Dawn.com — was issued by additional district judge Rawalpindi, Ashfaq Ahmed Rana while hearing a petition filed by an airline pilot who had complained to have faced “humiliation and disgrace” for sharing his job title with Careem's staff. Labeeb Ahmed, a pilot by profession, had approached the court in July through his lawyer Chaudhry Rizwan Elahi in July, saying that he often has to bear the brunt of jokes as people deliberately confuse his job title with that of Careem captains. The petitioner had argued that the title of captain should either be reserved for a pilot or a third-ranked officer of the armed forces, also known as a commissioned officer. He had said such instances shattered his confidence and disgraced an aviation rank that was “attained after going through rigorous education and obtaining a commercial pilot license from the Civil Aviation Authority Pakistan.” After hearing the plea, the court had temporarily barred Careem from using the word “captain” for its drivers and had also sought a response from the company's zonal manager on July 31. In the July 31 hearing, the court again directed Careem to submit its written response on Sep 14. However, after receiving no response from the company, the court issued an ex-parte judgement, directing the cab service to use the amended title for its drivers. Advertisement

Careem Networks Frequently Asked Questions (FAQ)

  • When was Careem Networks founded?

    Careem Networks was founded in 2012.

  • Where is Careem Networks's headquarters?

    Careem Networks's headquarters is located at 4004 Shatha Tower, Dubai.

  • What is Careem Networks's latest funding round?

    Careem Networks's latest funding round is Acquired.

  • How much did Careem Networks raise?

    Careem Networks raised a total of $771.7M.

  • Who are the investors of Careem Networks?

    Investors of Careem Networks include Uber, Al Tayyar Travel Group, Rakuten Capital, Kingdom Holding Company, STV and 19 more.

  • Who are Careem Networks's competitors?

    Competitors of Careem Networks include Cabify, Bykea, Swvl, Grab, Ridecell and 10 more.

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