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Naran raises $10M in equity and debt financing led by Landel to support fleet scaling and new market entry.

PRIVATEAug 13, 2026•about 4 hours ago

Amount Raised

$10 Million

Round Type

Debt Financing

Dubai EmirateTransportationSaasAutomotiveFleet Management

Investors

Landel

Description

Naran, a Dubai-based mobility financing platform, raised $10M in equity and debt financing. The company plans to use the funds to scale its fleet in Colombia, Peru, Senegal, and Côte d’Ivoire. Naran also aims to enter new markets including MENA and roll out new fintech products. Led by CEO Bayaskhalan Alexeev, their platform offers asset-backed mobility solutions for emerging markets.

Company Information

Company

Naran

Location

Dubai Emirate, United Arab Emirates

About

Naran is a mobility financing and fleet infrastructure platform based in Dubai, UAE. The company provides an asset-backed mobility fintech platform for emerging markets, offering rent-to-own financing for cars and motorcycles. This enables independent drivers to access vehicles through flexible terms, ranging from 12 to 60 months. Naran also offers a proprietary fleet management system and SaaS products for third-party operators.

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