Dubai’s Cultiv8 and Oman Holding International invest $5 million in Udrive

دبي Cultiv8 والعمانية العالمية القابضة تستثمران 5 ملايين دولار في “يو درايف”

– Udrive, the UAE’s homegrown brand providing a  pay-per-minute car rental service for UAE residents and tourists recently completed another strong funding round with strategic investments of US$5 million from Cultiv8 and Oman Holding International. Known as the first technology platform in the GCC to offer car rentals by the minute, Udrive recorded strong growth in 2021, clocking two million trips to date, making it one of the largest rental booking platforms by transactions per car in the region. In line with the Dubai leadership’s digital vision, new funding was…