Car Subscription

Carasti Launch Car Subscription Service in Saudi Arabia

Carasti Launch Car Subscription Service in Saudi Arabia

Carasti, the UAE-based car subscription service, has launched operations in Riyadh, Saudi Arabia on 23rd March 2022, allowing customers to subscribe to new and used cars for between 1 and 24 months for an all-inclusive subscription fee. The announcement comes following a successful bridge round where the company raised US$2m to help them drive growth and expand operations into Saudi Arabia. The round, which comes ahead of Carasti’s Series A funding round, saw participation from Net Ventures and Rua Growth Fund.

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Carasti now offers new-car leases, ordered via app

Carasti now offers new-car leases, ordered via app

Carasti, a UAE-based car subscription platform, is now offering a “mini lease” option, where a user can order a brand new car for 12-to-24-month lease, with no paper contracts and home-delivered, using just the Carasti app. The company has raised a US$ 3 million Pre-Series A funding round to fuel their expansion with further such offerings.

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