Egypt fast-tracks recycling plant to turn Suez Canal into 'green canal'    Global pressure mounts on Israel as Gaza death toll surges, war deepens    Egypt targets 7.7% AI contribution to GDP by 2030: Communications Minister    Irrigation Minister highlights Egypt's water challenges, innovation efforts at DAAD centenary celebration    Egypt discusses strengthening agricultural ties, investment opportunities with Indian delegation    Al-Sisi welcomes Spain's monarch in historic first visit, with Gaza, regional peace in focus    Cairo governor briefs PM on Khan el-Khalili, Rameses Square development    El Gouna Film Festival's 8th edition to coincide with UN's 80th anniversary    Egypt expands medical, humanitarian support for Gaza patients    Egypt condemns Israeli offensive in Gaza City, warns of grave regional consequences    Cairo University, Roche Diagnostics inaugurate automated lab at Qasr El-Ainy    Egypt investigates disappearance of ancient bracelet from Egyptian Museum in Tahrir    Egypt launches international architecture academy with UNESCO, European partners    Egypt signs MoUs with 3 European universities to advance architecture, urban studies    Egypt's Sisi, Qatar's Emir condemn Israeli strikes, call for Gaza ceasefire    Egypt condemns terrorist attack in northwest Pakistan    Egyptian pound ends week lower against US dollar – CBE    Egypt hosts G20 meeting for 1st time outside member states    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Egypt seeks Indian expertise to boost pharmaceutical industry    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egyptian, Ugandan Presidents open business forum to boost trade    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



‘Plug and Play' picks Egyptian startup ‘dryve' as 2019 Mobility Innovation Program finalist
dryve is MENA's leading peer-to-peer car-sharing platform utilising latest innovations in tech
Published in Daily News Egypt on 06 - 11 - 2019

Cairo-based peer-to-peer car-sharing platform dryve has been selected as one of 15 startups for the Plug n Play (PnP) 2019 Mobility Innovation Platform.
Silicon Valley-based Plug and Play brings together the best startups, the world's largest corporations and venture capitals (VCs) to partner with, invest in and accelerate startups which has included tech industry icons such as Google, PayPal, and DropBox.
"We're very excited to be selected as one of the final 15 Plug and Play startups," said Gamal Aboul Enein, dryve's CEO and Co-founder. "In addition to the tremendous opportunity for further investments to accelerate dryve's growth, the selection recognises dryve's unique value proposition and is a testament to the solid conceptual and operational framework we set up to address a tangible need, ultimately redefining the mobility outlook for the markets where we operate."
Launched in late 2018, dryve is a hassle-free, simple car-sharing platform gearing up for major expansion. dryve catalyses solutions and opportunities for both parties involved in the transaction; car owners and ‘dryvers'.
Through the platform, car owners can choose to transform their ‘idle' assets into revenue streams, and ‘dryvers' can benefit from lower than current car rental rates with the added option of using a rental, just like Uber.
Through its strategic third-party partnerships, dryve covers all elements involved to guarantee owners and ‘dryvers' a smooth experience. All payments are conducted instantly via cash through Fawry. dryve's partnership with global insurance leader AXA guarantees that both parties are fully covered in case of accidents or force majeure, utilising a first for market ‘Pay As You Drive' (PAYD) insurance policy, and the first-ever digital claims process in Egypt.
dryve's strategic partnership with Uber also provides verified Uber Partners with vehicle solutions that enable them to start driving for Uber.
Aboul Enein went on to add, "Today, Egyptian startups are making a growing mark in the global venture capital and accelerator landscape. I'm very proud that dryve is one of a handful of homegrown startups rising through global ranks, we can't wait to make an even bigger impact in Egypt and across the region in the months to come."


Clic here to read the story from its source.