Kolors acquires Urbvan to expand its executive transportation services. The move aims to enhance offerings for clients seeking premium, exclusive travel experiences. Urbvan’s integration strengthens Kolors’ ability to deliver tailored solutions in high-end mobility.
Swvl sells its Urbvan subsidiary to Kolors. The company plans to use the proceeds to fund strategic growth initiatives. Urbvan operates in the shared mobility sector, and the sale marks a shift in Swvl’s portfolio focus.
Egypt’s SWVL Holdings acquires Mexican mass transit startup Urbvan for **$82 million**. Urbvan develops mobility solutions for shared public transportation systems. The deal expands SWVL’s presence in Latin America while leveraging Urbvan’s expertise in SaaS-driven transit optimization.
Swvl acquires Urbvan, a Mexico-based shared mobility platform serving Latin America’s second-most populous country. Urbvan operates tech-enabled transportation services targeting improved bus travel safety and quality. The deal extends Swvl’s global mass transit solutions footprint into Latin America.
