vp

ISSUE – Apr. 27 | Bangladesh’s version of Go-Jek raises over $10M in a round led by Go-Jek

$4.5 billion-valued ride-sharing startup Go-Jek may be busy in Southeast Asia, where it is aiming to step into the gap following Uber’s exit, but that isn’t stopping it from looking at opportunities elsewhere in the world.

Over in Bangladesh, motorbike-taxi hailing service Pathao has announced that it raised a “pre-Series A” investment led by Go-Jek. The Indonesian firm first invested in Pathao last year, and it is leading this new deal which includes participation from existing backers Openspace Ventures — which just rebranded from NSI Ventures and is an early Go-Jek backer — Osiris Group and Battery Road Digital Holdings. [ Tech Crunch ]

ad ad