# Careem's founders recall early struggles before Uber deal

- Topic: business
- Source: Video published by CNBC International
- Published: 2026-08-15
- Original: https://www.youtube.com/watch?v=Y4t-qtnDz8o
- Language: en

Mudassir Sheikha and his co-founder invested $100,000 of their own money into Careem, a startup that would eventually become one of the defining stories of the Middle East. The company's early days were marked by manual bookings and a basic website. Seven years later, Uber agreed to buy Careem in a landmark deal.

## Key takeaways

- Careem's founders invested $100,000 of their own money into the startup.
- The company's early days were marked by manual bookings and a basic website.
- Careem spent years fighting rival Uber before being acquired.
- Uber agreed to buy Careem in a landmark deal for the region.

> Summary by Daily Read Bytes. Read the original at https://www.youtube.com/watch?v=Y4t-qtnDz8o