Careem, the Middle East rival to Uber, was looking for investors seven years ago. Seven years later, the ride-hailing firm landed a deal with USD 3.1 Bn va, the largest tech acquisition in the history of the region.
The deal also represented a lift-off moment for startups, which if you are running one, need have to look at the pitch deck that brought Careem so much money.
Here’s the deck – in full – that Careem’s founders were presenting to potential investors. It’s a little piece of tech history for the Middle East, but also an insight into how a multi-billion dollar startup secured the vital early funding, like Careem’s USD 1.7 Mn raise.
The article is based on linkedin post by the CEO of Careem, Mudassir Sheikha.