Pranav Kiran · · 1 min readAllianz X, Go-Ventures back African ride-hailing app
Allianz X, the investment arm of German insurer Allianz Group, and Go-Jek venture capital unit Go-Ventures led the series B funding round of SafeBoda, a Uganda-based ride-hailing platform.
Illustration credit: Centaine Lim
The amount SafeBoda raised from the round was not specified.
According to The Guardian, the African ride-hailing company raised more than US$1 million from Shell Foundation, Global Innovation Fund, Development Innovation Ventures, and a private tech company in 2016.
Editing by Dante Gagelonia
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