Go-Jek, which is in the process of raising $1.5bn in a round that will value it at $4bn, has pulled in $35m from Allianz X.
Insurance group Allianz invested $35m in Indonesia-based on-demand ride provider Go-Jek today through its digital investment vehicle, Allianz X.
Go-Jek’s core business is a ride hailing platform with upwards of 1 million drivers, but it has expanded into an app-based provider of services such as logistics, food delivery and mobile payment.
The company’s app has been downloaded more than 77 million times and it is present in 50 cities. Allianz has been supplying health insurance to its drivers through a…
