Buscaro has raised a fresh $2 million round led by Daman Investments, while Oncount has raised $1.5 million in a seed round.
Buscaro raises $2m funding round
Pakistan’s tech-based mobility company Buscaro has raised a fresh $2-million round led by Daman Investments, according to an announcement.
Other investors including Cartography Capital, Epic Angels, Wahed Ventures, Accelerate Prosperity, and notable angels also participated in the round. The round brings Buscaro’s total funding to $3.5 million.
Buscaro is now powering more than 900,000 monthly bookings and is projected to close 2025 at $8.6 million in annualised revenue. It partners with companies, schools, and institutions to deliver safe, reliable daily commuting for employees and students.
Looking ahead, Buscaro plans to expand into tier-2 cities across Pakistan where industrial and educational hubs are underserved, and to pursue partnerships with government bodies to upgrade public transport networks with its technology. International expansion is also on the horizon, leveraging the company’s scalable platform and operational expertise.
Daman Investments is the UAE’s regional investment firm, distinguished for its comprehensive suite of non-banking financial services catering to institutional clients, corporations, SMEs, and high-net-worth individuals.
Oncount raises $1.5m seed round
Dubai-based accounting technology startup Oncount has raised $1.5 million in a seed round to accelerate the development and launch of its proprietary AI-driven accounting platform.
The investment, led by tech entrepreneur Sergey Panov, will help the company transform how SMBs manage their finances across the UAE and broader region.
Oncount also plans regional expansion into Saudi Arabia, Egypt, and Central Asia, aiming to capture underserved SMB markets facing complex regulations.
Oncount’s platform uses AI and automation to streamline bookkeeping and tax workflows. Features include automated bank reconciliations, AI-powered document processing, personalised tax calendars, and same-day transaction processing.
“SMBs across MENA and Central Asia face mounting pressures: more taxes, higher wages, and growing compliance risks. We see a tremendous opportunity to bring our tech-first model to these markets and give business owners the peace of mind to focus on growth,” said Sergey Panov, founder of Oncount.
