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Roamer Raises Seed Funding, Launches 30 Minute Leases

Roamer has raised six-figure (USD) seed funding and is now providing 30 minutes automobile rental with drivers in Rawalpindi & Islamabad. The funding was raised from angel buyers in London, Saudi Arabia, Dubai, and Pakistan.

Roamer is a short-term car rental platform that’s presently providing chauffeur-driven automobiles that may be booked via its cellular apps. With plans to develop to Lahore and Karachi within the close to future, Roamer permits the customers to hire automobiles with drivers at mounted hourly charges with limitless stops, zero gasoline costs and no peak issue.

Mohammad Hadi, CEO Roamer stated:

We’ve lately raised a sizeable funding from our community of angel buyers and we plan to make use of this funding to speed up development in Rawalpindi & Islamabad in addition to to develop to Lahore and Karachi within the subsequent few months. We’re additionally launching 30 minutes automobile rental to offer extra worth to our customers who had been beforehand restricted to minimal one-hour bookings.

Based by Mohammad Hadi, previously an funding banker who has held senior positions at main corporations in New York, London and Dubai, and Ali Moeen, who has constructed and managed distinctive know-how firms in Pakistan, Roamer additionally presents mounted value packages for out of metropolis journey to any vacation spot in Pakistan. The founders plan to disrupt the inefficient and complicated automobile rental trade in Pakistan with its app-based platform providing superior ease of transportation leases to the tip consumer.

Ali Moeen, CTO/COO, stated:

The transportation area and the startup atmosphere at giant is present process a transition the place we’re seeing that path to profitability is turning into a bigger concern to buyers. With the current information of different startups closing operations in some territories to now create a path to profitability, I can proudly say that our enterprise mannequin was constructed round an outlined profitability path and wholesome unit economics proper from the beginning. The occasions of irresponsible consumer acquisition are useless and Roamer is without doubt one of the new age startups main the change.

Roamer has over 60,000 registered customers and 1,350 automobiles on its platform, with most of its provide coming from those that’ve been driving for car-hailing firms. The startup lately additionally began partnering with small automobile rental companies to have their automobiles and drivers in its fleet.

Roamer plans to introduce self-drive leases sooner or later in addition to to discover alternatives for worldwide growth within the Center East.

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