Company: KARO
Filing Date: 2025-06-09
Form Type: 20-F
Source: 0001213900-25-052372
Chunk: 75

Company: Karooooo Ltd.
Filing Date: 2025-06-09
Form: 20-F
Item: Item 4
Chunk 75
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 economic growth rates, a favorable
competitive environment characterized by low market penetration and less sophisticated incumbent solutions, and the increasing scale of
our established operations in these regions. We also expect demand to be driven by the need to improve road safety and reduce environmental
impact, particularly in markets where vehicle populations are projected to increase significantly amid existing traffic congestion and
pollution challenges. In addition, we are evaluating further expansion in Europe. Our operations in other parts of Africa, while currently
limited in scale, are considered strategically important. As we expand the scope of our offerings, we believe we are well positioned to
efficiently deploy our solutions across the global fleets of existing multinational customers as we enter new geographies where they already
operate.

Our SaaS and DaaS Cloud Platform

Our platform simplifies decision-making by seamlessly unifying
and contextualizing data from a wide range of sources, including proprietary devices, third party devices such as OEM devices, as well
as data collected from our customers back-office systems via APIs. By consolidating business operations into a single, centralized hub,
we enable our customers to overcome complex operational challenges such as safety, compliance, eco-driving, productivity, service delivery,
cost control, maintenance, routing, risk mitigation, inventory control, resource allocation including vehicle utilization management,
and workforce management. Powered by our extensive data asset, AI, and robust analytics, our platform delivers actionable insights that
drive meaningful improvements to our customers’ physical operations.

Our platform is accessible to
users via web interface and mobile applications, with SaaS offered via monthly subscription and DaaS offered via monthly subscription
should the customer use their own fleet or on a cost per delivery should our customer leverage on third party drivers. Our applications
are highly integrated to avoid the need for multiple interfaces, and include free application programming interface (“ API”)
integrations with third party systems such as enterprise resource planning (“ ERP”) systems.

The principal components of our SaaS and DaaS platform include
the following:

Commercial Applications

  Fleet Management provides our customers with                                                                                             

  Real-time GPS location tracking and management to enable our                                                                                  

  Integration of real-time data with third party systems such  

  Detailed driver management with advanced scorecards to manage  

  Real-time alerts settings  

  LiveVision enables comprehensive pro-active                                                                                     

  The AI enabled camera delivers live alerts to proactively                                                            

  Live on-board cameras enable video selection, replay, and  

  Increased driver visibility reduces extraneous driving costs,   
  reduces driver liability, increases driver safety