Indonesia’s ride-hailing firm GOJEK and Allianz X, the digital investment arm of global insurance group Allianz, have co-invested in an unspecified Series B funding round for Uganda-based ride-hailing firm SafeBoda.
GOJEK made the investment through its venture capital arm Go-Ventures, per an Allianz X statement. The Indonesian firm has previously backed Bangladeshi ride-hailing app Pathao and is expected to re-up in the latter’s ongoing Series B funding round.
