The charter bus booking platform is planning a significant expansion following a capital injection supplied by investors including SoftBank.

Brazil-based charter bus booking service Buser has received R$700m ($138m) in a funding round backed by internet and telecommunications group SoftBank, Reuters has reported.

The round also drew in investments from private equity firm LGT Lightrock, investment firm Valor Capital, venture capital firm Monashees and undisclosed additional VC firms.

Founded in 2016, Buser operates a low-cost, inter-city, charter bus booking service in Brazil with nearly 4 million users.

The capital injection will support an investment over the next two years…

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