Indonesia's Go-Jek raises over $550m from KKR, Warburg to battle Uber and Grab

Indonesia's Go-Jek raises over $550m from KKR, Warburg to battle Uber and Grab

Visual from the company website

Indonesia’s on-demand motorbike taxi service Go-Jek has raised $550 million in a new funding found that was led by private equity firms KKR & Co. and Warburg Pincus LLC, as it battles competition from other ride-hailing apps such as Grab and Uber in a 250 million people market.

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