Invygo raises 1 million USD in funding
Dubai, UAE: Invygo has raised $1 million USD in funding, as it looks to accelerate its expansion plans across the Middle East.
The Dubai based startup and app-based car subscription service plans to use the funds to grow the business further by invest in technology and expanding into new customer segments.
This investment is part of the “Pre-Series A” funding round led by EQ2 ventures, Class 5 Global, and 500 Startups, who are confident that Invygo has cornered the market by providing customers with greater flexibility in terms of finance options, choice in vehicles and excellent customer service model.
The news follows the latest funding injection from Q4 2019, and since then Invygo has grown substantially by tripling the customer number base, increasing its dealership partners f...