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Dubai-based car subscription start-up Carasti launched a new service allowing customers to rent new cars for 12 and 24 months, without the financial commitment of owning a vehicle.
The rollout of the new service and expansion of the company follow the raising of $3 million in pre-Series A funding round last month that was led by Net Ventures with participation from Rua Growth Fund.
“There are no hidden costs, no extra fees and no financial surprises. We simply don’t believe that you should be weighing yourself down with debts, bank loans and payments just to drive a car,” Claudio Esposito Aiardo, chief executive and co-founder of Carasti, told