Bengaluru-based vehicle sharing marketplace Drivezy Wednesday said it has raised USD20 million in the latest round of equity financing, led by existing investor Das Capital.
The other investors who participated in the Series B funding round include Yamaha Motor, Axan Partners and IT-Farm, it said in a statement.
The company, that was founded in 2015, will use the capital to expand its marketplace into new markets and integrate advanced services, it added.
Additionally, it has also secured an asset financing deal for USD 100 million, that will be deployed over three years through a special purpose vehicle, Harbourfront Capital, which will focus on investment in global shared assets, the statement said.
********************** NCR Corporation to manage over 3,600 ATMs of PNB *
******************* Air France, KLM offer discounted fares for North America *
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