inDrive Secures Additional $150M from General Catalyst

inDrive

inDrive, a Mountain View, CA-based provider of a mobility and urban services platform, raised an additional $150M investment from General Catalyst.

The financing extension, which can be further extended for an additional year, enables the company to bolster growth, invest in product improvements, expand its service offerings, and enter new markets.

inDrive is a global mobility and urban services platform providing ride-hailing, and an expanding list of urban services, including intercity transportation, freight delivery, task assistance, courier and B2B delivery. The company operates in 749 cities in 46 countries, supports local communities via its peer-to-peer pricing model and community empowerment programs, which help advance education, sports, arts and sciences, gender equality and other vital initiatives.

FInSMEs

14/03/2024