Naya Capital has returned to reinvest nearly $110m in the Daimler and Didi-backed on-demand ride provider, valuing it just shy of $1.9bn.
Bolt Technology, the Estonia-based ride hailing service backed by peer Didi Chuxing and automotive manufacturer Daimler, has secured €100m ($109.7m) from asset manager Naya Capital Management, Bloomberg reported yesterday, citing an emailed statement.
The capital was raised at a valuation of almost $1.9bn and it lifted Bolt’s funding to more than $350m since it was founded in 2013.
Formerly known as Taxify, Bolt runs an on-demand ride service with more than 30 million registered users across more than 35 countries.…
