Can UBER/Careem crush Airlift & Swvl ? Does Airlift & Swvl have a Plan ? A must read article
We have seen Careem and UBER pulverizing a lot of businesses in the past like ShahiSawari (Rickshaw), Bykea (Bike), Albayrak, MetroCar and many other small players in the market. A big giant like UBER or Careem can launch a Bike, Rickshaw or a Bus in a blink of an eye. The two new hot startups in the market Airlift & Swvl just launched. Airlift got it Series A seed funding of $12 million whereas Swvl (An Egyptian based company is also bringing in $26 million in Pakistan. They are making the headlines and we all are very excited about the growing startup ecosystem of Pakistan. Both of them are in Head-to-Head competition and we are very proud of Usman Gul (CEO Airlift Technologies) of Pakistan to get this much amount of funding. I am very happy to see them grow and see Airlift and Swvl daily on my travelling route but I fear that both Airlift & Swvl are going to be pulverized by these big giants Careem & UBER in no time. Bykea which once became a lot popular ...