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For millions of students and workers in Pakistan’s largest cities, commuting is one of the most stressful parts of daily life. Overcrowded buses, unsafe rickshaws, and costly ride-hailing services leave families and employees with few dependable options.
Buscaro, a tech-driven mobility startup, is stepping in with a structured, safe, and affordable alternative.
The company announced it has raised $2 million in fresh funding led by Daman Investments with participation from Cartography Capital, Epic Angels, Wahed Ventures, Accelerate Prosperity, and several angel investors.
This round brings Buscaro’s total funding to $3.5 million.
Already powering 900,000 bookings every month, Buscaro is on track to close 2025 with $8.6 million in annualized revenue.
Founded by Maha Shahzad, Buscaro began with a single bus and three people operating out of her living room.
When global player Swvl exited Pakistan, Maha saw the urgent gap in daily mobility and decided to build a better system.
“Students, parents, and employees needed a dependable way to travel every day, and no one was stepping up,” Shahzad said. “We built Buscaro to be that solution – safe, affordable, and structured.”
Today, Buscaro is one of the largest mass transit platforms in Pakistan, growing revenue from $2 million in 2023 to $6.3 million today.
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Buscaro partners directly with schools, companies, and institutions to provide safe and reliable transport. Unlike fragmented providers, the service dedicates routes to specific organizations and is powered by a four-part technology stack:
With more than 80 corporate partners across Karachi, Lahore, Islamabad, and Rawalpindi, Buscaro retains over 97% of its clients year after year.
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For commuters, the benefits are immediate:
One user, Iqra Shabbir, shared: “Their vehicles show up on time, rides are comfortable, and I feel safe.”
Parent Abdul Majid added: “My two children use Buscaro for school. The service is reliable and makes our mornings much easier.”
Pakistan’s urban mobility crisis is both social and economic. Outdated regulations, volatile fuel prices, and a largely informal market have left millions underserved.
Two-wheelers dominate daily commuting, costing the country over $5 billion in fuel imports annually, according to economist Junaid Iqbal.
By offering structured, tech-enabled commuting, Buscaro provides:
Bilal Azhar Kayani, Finance Minister in Punjab, called the service vital for underserved communities: “There is a real need for safe and affordable public transport, especially for women. I believe such services will empower women across the country.”
With the new funding, Buscaro plans to:
“At Daman Investments, we back visionary founders solving real challenges at scale, and Buscaro is a standout example,” said Ahmed Khizer Khan, CEO of Daman Investments. “Maha and her team are improving lives every day, and this funding will help them accelerate growth across the region.”
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