In a significant boost to Pakistan’s evolving mobility landscape, ride-sharing startup BusCaro has secured fresh funding from Accelerate Prosperity, a regional impact investment platform. While the exact amount remains under wraps, the backing is expected to accelerate the company’s expansion and technological upgrades across urban centers.
Expanding Footprint Beyond the Big Three
Currently active in Karachi, Lahore, and Islamabad, BusCaro operates a sizable fleet of more than 900 vehicles, serving over 35,000 bookings per day. Its business model focuses on high-volume, institutional transport — offering tailored commuting solutions to corporates, factories, schools, and other large-scale clients. This hybrid approach caters to both B2B and B2B2C segments, setting it apart from traditional ride-hailing services.
With the new capital injection, BusCaro plans to enter additional cities, targeting regions that have long been underserved by efficient public transport. The company is also poised to enhance its backend tech infrastructure, aiming to optimize route efficiency, reduce fuel costs, and tackle urban congestion and pollution through smarter data usage.
Safer Commutes, Smarter Cities
A major focus for BusCaro remains the safety and inclusivity of its service — particularly for women and children, who often face the brunt of inadequate and unsafe transit options. By combining structured scheduling with vetted drivers and monitored routes, the company is working to set new standards in safe urban mobility.
Investment With Impact
Accelerate Prosperity, which supports high-growth ventures across Central and South Asia, sees BusCaro as a key player in building more sustainable and equitable urban ecosystems. The firm’s investment reflects its broader mission: supporting startups that not only scale economically but also generate social and environmental dividends, such as job creation and reduced carbon emissions.
As Pakistan’s cities grapple with rising population density and deteriorating public transport, BusCaro’s model — blending technology with purpose-driven mobility — could mark a turning point in how urban Pakistan gets around.
