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Careem acquires Delivery Chacha as it looks to expand
Acquisition/Exit dawn.com - 3 years ago - Tue, Oct 24, 2017, 8:00 PM
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By Dawn.com Staff / Dawn.com - Image Credit: Khabristan Live
SOURCE: Dawn - Careem acquires Delivery Chacha as it looks to expand
Careem, the ride-hailing service that operates in several cities across Pakistan, has just announced the acquisition of Delivery Chacha, an on-demand delivery and errand service operating out of Karachi.
While the precise financial details of the deal are not known, Nashit Iqbal, the founder of Delivery Chacha, will move to Careem, ProPakistani has learnt.
Founded back in June 2014, Delivery Chacha claims to have completed half a million delivery orders, ranging from food deliveries, bill payments, cinema tickets, grocery shopping, dropping off wedding cards to guests and even clothes to the tailors.