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Fleeto Attracts Private Investment, Aiming to Transform Fleet Management Industry

12-04-2023 09:09 AM CET | IT, New Media & Software

Press release from: Royex Technologies

Fleeto and Royex

Fleeto and Royex

Dubai,[29/11/2023] - Fleeto (https://fleeto.co), the groundbreaking intelligent fleet management system rooted in Dubai, is thrilled to announce a significant achievement-the successful closure of its inaugural investment round, backed by private investors. This milestone marks an exciting juncture in Fleeto's journey, as it aims to revolutionize the fleet management landscape.

As a division of Royex Technologies, an esteemed name with a decade-long legacy in Dubai's software industry, Fleeto has swiftly gained momentum since its inception. In a strategic move, the company has forged partnerships with renowned industry leaders, elevating its service offerings to cutting-edge levels.

Fleeto's collaboration with TomTom, the Netherlands-based mapping juggernaut, ensures that users benefit from top-tier mapping services. Furthermore, the alliance with Teltonika, a Lithuanian-based GPS hardware titan, empowers Fleeto with real-time vehicle data capabilities, bolstering its robust fleet management arsenal. Royex Technologies spearheads the development efforts, guaranteeing seamless integration and optimal system performance.

Adding to this exciting development, Mr. Lee Pillay, Chief Business Development Officer at Royex Technologies, has been appointed as the Division Head. His fourteen years of invaluable experience in the fleet management industry brings a wealth of expertise to the team.

Fleeto's core mission revolves around providing end-to-end solutions tailored to various user segments. This includes car rental agencies, fleet management companies, school transport services, and other transportation providers. The platform boasts advanced features such as driver management and vehicle security, empowering businesses with comprehensive monitoring tools.

Mr. Rajib Roy, The CEO of Royex Technologies, also the visionary behind Fleeto, expressed his elation, stating, "Fleeto represents one of the most advanced intelligent fleet management solutions available today. It harnesses data powerfully and presents it in an intelligent manner, facilitating faster and better decision-making. While we begin our journey in the UAE, our vision extends beyond borders as we plan to introduce Fleeto in multiple countries."

Fleeto's steadfast commitment to innovation, coupled with its strategic partnerships, cements its position as a transformative force in the fleet management sector. With the successful conclusion of its inaugural investment round, the company is poised for rapid expansion and is set to make a global impact.

For media inquiries, Please contact:
Royex Technologies
Office #3203, 32nd Floor, Citadel Tower, Marasi Dr, Business Bay, Dubai - UAE
lee@royex.net
Phone: +971523396752

About Fleeto:
Fleeto (https://fleeto.co) is a pioneering intelligent fleet management system based in Dubai, offering advanced solutions for diverse user segments. As a division of Royex Technologies, a renowned software company with a decade of experience, Fleeto leverages industry partnerships and cutting-edge technology to provide comprehensive fleet management services.

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