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Dubai-Based Carasti Lets You Rent A Car For Up To Two Years

Carasti describes itself as an all-inclusive car subscription app that removes all the hassle associated with car ownership, such as service and maintenance, while preserving all the benefits.

Published

4 years ago

May 17, 2021

Joanna Melki

dubai-based carasti lets you rent a car for up to two years

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Due to environmental and safety regulations, as well as rising costs of insurance and fuel, the cost of car ownership has never been higher. While modern public transportation systems in many countries already provide an attractive alternative, the recent COVID-19 pandemic has highlighted their limitations. Fortunately, there’s another option available: long-term car renting, and McKinsey predicts that it will generate almost 30 percent of the automotive industry’s revenue by 2030 thanks to startups like Carasti, which has just launched its service following a successful pre-Series A funding round last month.

Based in Dubai, Carasti describes itself as an all-inclusive car subscription app that removes all the hassle associated with car ownership, such as service and maintenance, while preserving all the benefits.

Carasti

“Our subscription model aims to make car ownership as flexible and affordable as possible, providing our customers with an easy alternative to car ownership,” explains the company’s CEO, Claudio Esposito-Aiardo. “There are no hidden costs, no extra fees, and no financial surprises. We simply don’t believe that you should be weighing yourself down with debts, bank loans, and payments just to drive a car.”

Also Read: Dubai-Based Startup Huspy Helps Emiratis Buy Homes Online

Carasti users can choose between two distinct subscription models. The month-to-month subscription model provides access to a variety of nearly new cars with a monthly, 6 month or yearly commitment. The mini lease subscription model lets users choose a 12 or 24-month plan on a brand-new car.

Regardless of which model you pick, you always have to provide only your Emirates ID, driving license, passport copy, or visa copy. All subscriptions include insurance, maintenance, roadside assistance, and flexible car switching. Carasti supports both Android and iOS devices, and your first car can be delivered to you in as little as 4 hours from downloading it.

Related Topics:Automotive Carasti Dubai United Arab Emirates

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Popcorn AI Raises $500,000 For “Conversational eCommerce”

The firm’s AI platform uses specialized chatbots to handle entire eCommerce journeys, from recommending products to seamless payments.

Published

6 days ago

November 14, 2024

Nour Nasir

Popcorn AI

Dubai-based Popcorn AI has announced the closure of a pre-seed funding round that raised $500,000 for its revolutionary AI platform. The investment, led by Spring Studios with the backing of Salica Investments, Al Waha Fund of Funds, and prominent angel investors from Saudi Arabia, represents a key step forward in reshaping customer-business interactions using the power of conversational AI.

Unlike traditional chatbot systems, Popcorn AI’s platform is designed to redefine eCommerce by creating highly intelligent sales agents that handle entire customer journeys, from personalized product recommendations right through to seamless payment acceptance — all through a conversational experience.

The clever idea was recently tested to great success when one of Popcorn AI’s chatbot agents closed a $400,000 real estate transaction, handling everything from the first inquiry to the final sale. Early adopters have reported a massive 90% reduction in customer acquisition costs, along with a highly impressive 20% improvement in conversion rates, highlighting the platform’s potential to transform customer engagement across dozens of industries.

Josh Rodger, Principal at the Spring Studios fund, expressed enthusiasm for the project, saying, “We are proud to support Popcorn AI’s mission to reshape how businesses connect with their customers. Their innovative approach to conversational commerce has the potential to revolutionize industries and redefine the way customers experience digital transactions”.

Also Read: Top Free AI Chatbots Available In The Middle East

Meanwhile, Popcorn AI founder and CEO Yousef Al Arif declared: “The future of commerce is conversational,” adding, “Today’s consumers want shopping experiences that are instant, personalized, and effortless. We’re not building just another chatbot; we’re crafting intelligent commerce agents that understand context, recall customer preferences, and guide users through the entire shopping process, much like an expert salesperson would”.

Building upon a decade of experience scaling eCommerce and marketplace platforms across the MENA region, Al Arif has now achieved huge success with Popcorn AI, positioning the product at the cutting edge of AI-powered eCommerce. The platform has also made significant impacts in sectors such as real estate, and hospitality, signaling that conversational commerce is emerging as a powerful new model for digital businesses.