inDrive Launches Venture and M&A Arm to Invest up to $100M in Startups 

Andries Smit, Vice President of New Ventures at inDrive
Andries Smit, Vice President of New Ventures at inDrive

inDrive, a Mountain View, California, USA-based global mobility and urban services platform, launched a new venture and M&A arm aiming to invest up to $100m in promising startups. 

The new unit is dedicated to help investee and acquired companies scale quickly across inDrive’s platform. These companies will tap inDrive’s global multi-million customer base across 45+ markets, and access to the company’s go-to-market know-how and technology. 

Read more on VCWire.tech, our new websited dedicated to the tech venture capital industry.

FinSMEs

16/11/2023