The Rocket Internet-launched ride sharing app has closed a Tengelmann-backed series D round that took its overall funding to $77m.
Brazil-based ride sharing company Easy Taxi secured $40m in series D funding on Saturday from Tengelmann Ventures, the corporate venturing fund owned by retail chain Tengelmann, and venture firm Phenomen Ventures.
Incubated by Rocket Internet and launched in 2011, Easy Taxi operates as a mobile app that can connect drivers with passengers. It operates in 30 countries across North America, Latin America, Africa, Asia and the Middle East.
Dennis Wang, Easy Taxi’s CEO, said: “We are very proud to have…