UAE-based platform, WheelsOn, announced that it has secured $8.5 million in investments from Xploration Capital and MENA-based investors.

More to Know:

• WheelsOn is a digital car rental platform founded in 2023 by Nikolay Melnichuk and Adlet Shagirov, later joined by Maxim Olivson.
• The funds will be used to expand its fleet and enhance its digital products, including dynamic pricing tools and digital car keys.
• WheelsOn also secured $4 million in financing alongside the $8.5 million equity investments.