Swvl Inc. is a technology-driven mass transit solutions provider that offers app-based ride-pooling and fixed-route bus services in emerging markets. Founded in 2017 and headquartered in Dubai, the company was established by Mostafa Kandil, Mahmoud Nouh and Ahmed Sabbah with the aim of creating an affordable, reliable and scalable alternative to conventional public transportation systems. Swvl’s platform connects commuters to a network of pre-booked buses, shuttles and vans through its mobile application, leveraging data and technology to optimize routes, schedules and vehicle capacity.
The company’s core services include scheduled intercity and intracity bus routes, private corporate mobility solutions and on-demand private rides. Commuters select preferred pick-up and drop-off points, track vehicle locations in real time, and pay fares seamlessly within the app. For enterprise clients, Swvl offers customized shuttle services to facilitate employee commuting and event transportation. Its technology stack encompasses route optimization algorithms, dynamic pricing tools and a proprietary driver management system designed to enhance safety and efficiency.
Since its inception in Cairo, Egypt, Swvl has expanded rapidly across Africa, the Middle East and South Asia. Its operations now span major cities in Egypt, Kenya, Nigeria, Pakistan, Jordan and the United Arab Emirates, with further expansion planned across Latin America and Southeast Asia. The company has forged partnerships with local transport authorities and corporate customers to integrate its services into urban mobility infrastructures. Swvl’s geographically diversified footprint aims to address chronic congestion and limited transit options in high-growth, underserved markets.
Under the leadership of co-founder and CEO Mostafa Kandil, Swvl completed a business combination with a special purpose acquisition company in March 2022, facilitating its public listing on the NASDAQ under the ticker “SWVL.” Kandil, who previously worked in management consulting and ride-hailing strategy, leads a management team seasoned in technology, transportation and finance. As Swvl continues to scale its platform, the company focuses on sustainable growth, operational efficiency and partnerships with municipalities to modernize urban transit networks worldwide.
AI Generated. May Contain Errors.
Free SWVL Stock Alerts