Vehicle Telematics

Fleeto secures investment for its newly launched fleet management system

November 29, 2023 | Dubai. Fleeto, the newly launched intelligent fleet management system based in Dubai, secured first round of investment from private investors.

Fleeto (, a division of Royex Technologies which is into software business in Dubai, has rapidly gained momentum since its inception. In a significant move, the company has joined hands with renowned industry leaders to provide cutting-edge services.

Fleeto will be using map data from TomTom. For vehicle tracking it will be used vehicle tracking module from Teltonika.

Mr. Lee Pillay, who brings with him 14 year of invaluable experience in the fleet management industry and currently serves as the Chief Business Development Officer at Royex Technologies, has been appointed as the Division Head.

Fleeto’s mission is to provide an end-to-end solution tailored to various user segments, including 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 to empower businesses with comprehensive monitoring tools.

Mr. Rajib Roy, The CEO of Royex Technologies, also the founder of Fleeto, expressed his excitement, saying, “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.”

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