Twitter LinkedIn
    Sunday, March 26
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Investments»Uber rival Bolt raises $711 mln at valuation of over $8 bln
    Investments

    Uber rival Bolt raises $711 mln at valuation of over $8 bln

    January 12, 2022Updated:January 12, 20221 Min Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    Estonian startup Bolt said on Tuesday it had raised 628 million euros ($711.40 million) from investors led by Sequoia Capital and Fidelity Management and Research Co, taking its valuation to 7.4 billion euros

    Bolt, a rival of Uber’s ride-sharing and food delivery business, last raised funding in August at a valuation of more than 4 billion euros.($8.38 billion).

    While Uber is the biggest rival for ride-hailing, Bolt faces competitors in food delivery including Just Eat Takeaway.com and DoorDash, which entered Europe via a $8 billion purchase of Wolt.

    Read more/Source: Reuters

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    deals Investments PE Insider Private Equity
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    Private equity firms Apollo and KKR among those reviewing Silicon Valley Bank loans

    March 16, 2023

    Euroclear moves into $9.8 trillion private asset market with Goji buy

    December 21, 2022

    CAI raises over $1B for inaugural fund and co-investment programme

    November 18, 2022

    KKR looking to sell Canadian gas producer Westbrick for $1.13B

    November 18, 2022

    Comments are closed.

    Other Articles

    British AI company Faculty raises GBP30m of growth funding

    May 24, 2021

    Atlantic Park Nabs $2.2 Billion for Debut Strategic-Capital Fund

    July 7, 2021

    Sequoia Capital, Warburg Pincus, and Avataar Ventures backed Capillary Technologies files for IPO

    December 28, 2021

    Francisco Partners in talks to buy music publisher Kobalt

    August 26, 2022

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2023 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.


    Lost password?