Swvl adds a new key partner, City group to its SaaS offering

Swvl adds a new key partner, City group to its SaaS offering

NEW YORK /PRNewswire/ -- Swvl Inc. ("Swvl" or the "Company") (NASDAQ: SWVL), a global provider of transformative tech-enabled mass transit solutions, today announced its entry into a strategic partnership with City Group Co. KSCP ("City Group"), a leading transport operator and warehousing services provider, through which City Group will utilize Swvl's Software as a Service ("SaaS") offerings in Kuwait. Under the partnership, Swvl and City Group will work to provide the optimal transportation platform for serving Kuwaiti residents, in an effort to simplify their daily lives. The platform will feature a wide range of services, including on-demand, door-to-door, ride hailing, ride sharing and network buses, as well as school and corporate solutions.

Swvl and City Group will initially focus on the development of an initial launch program titled "Citylink Shuttle." The program will include demand responsive transportation ("DRT") and other preferred services, with plans to scale services to 100 or more vehicles over the following six months. Following the successful completion of these phases, Swvl and City Group expect to initiate a comprehensive platform onboarding of City Group's remaining vehicles over a mutually agreed upon period.

Mostafa Kandil, Swvl Founder and CEO, said, "We are excited to partner with City Group to