5/23/2022

SWVL Acquires Turkish Startup Volt Lines

​Swvl Holdings Corp, a Dubai-based ride sharing startup and a global provider of transformative tech-enabled mass transit solutions, announced that it has acquired Volt Lines, a B2B and Transport as a Service (TaaS) mobility business based in Türkiye.​

Founded in 2018, Volt Lines offers corporate clients a smart and cost-effective alternative to public transportation or ride hailing for commuters by utilizing a network of intelligently-routed shared buses.

"Volt Lines shares Swvl's commitment to expanding opportunities and reducing emissions through forward-thinking mobility solutions. With this acquisition, we are fostering our presence in Europe, immediately expanding our enterprise client-base and continuing to deliver on our growth objectives," Swvl Founder and CEO, Mostafa Kandil, said.​​

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Swvl Holdings Corp; Volt Lines; acquisition; TaaS