Renew Capital invests in mobility startup Enakl
The platform connects commuters with local transport providers through a pre-booked, subscription-based model.
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Renew Capital has invested in Enakl, a Morocco-based mobility startup that addresses a need in Africa’s urban centres where public transportation remains overcrowded, unreliable and expensive.
The platform connects commuters with local transport providers through a pre-booked, subscription-based model. By optimising fleet operations and reducing costs, Enakl ensures accessible transportation options for businesses and individuals alike.
“Our mission is to make quality and affordable transport accessible to everyone,” said Charles Pommarede, co-founder and CEO of Enakl. “This investment from Renew Capital will help us scale our model, improve our technology and expand into new markets. We are excited to continue solving mobility challenges while empowering local drivers and operators.”
In just under a year, the company has achieved a 20% monthly growth rate in bookings and revenue, with more than 15,000 bookings per month and contracts with corporations such as Carrefour and Sitel.
“I am proud of the Enakl team,” said Nihal Grii, investment manager at Renew Capital. “The solution they offer is appropriate for Morocco and many African cities where quality and affordable transportation is still a challenge. Their innovative approach, paired with their commitment to sustainability and accessibility, positions the company to be a leader in the mobility sector.”
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