SWVL Acquires UK’s Zeelo For USD 100 Mn

Dubai-based mobility startup SWVL has acquired UK-based B2B smart buses operator startup Zeelo, in a deal valued at USD 100 Mn. This comes a few days after the startup acquired Turkish corporate-mobility startup Volt Lines. Joining forces with Zeelo builds upon Swvl’s recent successful acquisitions of Viapool and Shotl, and announced acquisitions of Volt Lines and door2door.

Zeelo offers an asset-light SaaS platform to help large enterprises and other institutions to modernize their daily transport systems. Zeelo’s solution is used by corporates, staffing agencies, independent schools, and universities across the UK, South Africa, and the US.