Pakistan’s mobility startup, BusCaro, has secured investment from Epic Angels, a global female-led investor collective, to scale its operations and revolutionize public transport.
BusCaro is empowering Public Transport Through Innovation
BusCaro started with a single bus and a bold vision in 2022—to make public transport safe, affordable, and reliable for daily commuters in Pakistan. Fast forward to 2025, the company has processed over 12 million bookings and aims to hit $6 million ARR. Now, with fresh funding from Epic Angels, Wahed Ventures, and notable angel investors, BusCaro is ready to scale further.
Recent government regulations now require schools to ensure 50% of students use high-capacity vehicles. This has the potential to create a surge in demand for BusCaro’s services. The startup is strategically positioned to capitalize on this shift and expand its market presence.
A Game-Changer in Pakistan’s Transportation Industry
With 25 million potential users, Pakistan’s transportation system has long been fragmented, relying on a mix of buses, taxis, rickshaws, and private drivers. BusCaro is disrupting this space with a tech-driven, customer-centric approach. This model addresses safety concerns, pricing transparency, and reliability—issues that have plagued commuters for years.
One of the most critical impacts of BusCaro’s services is enhancing safety for women commuters. In a country where 85% of women report harassment on public transport, BusCaro is offering a secure and dependable alternative.
Through corporate and educational partnerships, BusCaro has also achieved zero customer acquisition costs, an impressive 99% customer retention rate. Not just that, it also boasts a 100% invoice collection rate. By 2025, the company projects $6.3 million ARR, with profitability expected by early 2026.
Investor Confidence and Growth Potential
Epic Angels, known for backing high-impact startups across Asia Pacific and Latin America, first invested in BusCaro’s Pre-Seed round in early 2024. Their continued support is a testament to the startup’s rapid yet sustainable growth.
“Under Maha’s leadership, BusCaro has cracked the code to low-cost customer acquisition—something competitors have struggled with. We’re excited to continue supporting the team with our global network.”
— Maaike Doyer, Founding & Managing Partner, Epic Angels
BusCaro’s Founder & CEO, Maha Shahzad, also expressed her appreciation for Epic Angels, highlighting their transparent, no-nonsense approach to investing.
“Epic Angels doesn’t waste a founder’s time. They’re quick, supportive, and never try to run your business for you. These are amazing women, and we’re proud to have them in our corner.”
BusCaro can Shape the Future of Mobility in Pakistan
BusCaro is more than just a transport service—it’s a movement towards safer, more efficient mobility solutions in Pakistan. With strong investor backing, a growing customer base, and strategic expansion plans, the startup is well on its way to redefining the country’s public transportation landscape.
