How much did inDrive raise in its Hybrid financing?

$150M, announced on 24 February 2023.

Funding roundHybrid financing

inDrive Hybrid financing

inDrive raised $150M in a Hybrid financing. It was announced on 24 February 2023.

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1 sourceSource: SLA Funding IndexHow we verify →

Amount raised: $150M; USD
Announced: 24 Feb 2023; 3 years ago

About this round

Company reported $150m from General Catalyst through an innovative hybrid instrument. Source publication/disclosure date used; precise closing date unknown. Separate from 2021 $150m equity financing; no valuation disclosed.

Sources for this round1

blog.indrive.cominDrive raises $150 million to expand beyond ride-hailing

Frequently asked about inDrive's Hybrid financing

How much did inDrive raise in its Hybrid financing?: $150M, announced on 24 February 2023.