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- Findicate: Aug 2023 updates
Findicate: Aug 2023 updates
Findicate Angels
August 01, 2023
Hello everyone! We hope you're doing well. As we step into August, we're thrilled to share updates on our latest investments, dealflow, events, and insights!
Let us delve right in!
Deal Updates
1️⃣ Docosan: We sealed the deal 👏
We are delighted to announce the successful closure of the Docosan deal! Findicate is truly excited to lend its support to the vital endeavors of Docosan in Vietnam, working towards establishing secure and easily accessible healthcare for everyone. We extend our heartfelt gratitude for your valuable support throughout this journey!
2️⃣ BusCaro: Closing Soon > Click here to join the round
We are closing the BusCaro round on August 6, but it’s not too late to join if you are interested. We have $25k committed already. We are investing using the Odin platform, and you can invest directly here.
BusCaro is a bus service in Pakistan that provides safe and affordable transportation to commuters through a consumer-facing mobile app.
Why we like this deal:
Commuting in Pakistan is expensive for locals who have to walk for hours to get from place to place, while existing commuting options are unsafe and expensive, especially for women.
Buscaro is led by an amazing female founder who has deep experience in transportation business through Foodpanda, Careem, and Swvl.
Buscaro has solid unit economics: $2M+ in annual recurring revenue, 95% customer retention for its B2C business, ARPU $40 monthly with CAC being as low as $0.50.