Bolt now Worth Over $8 Billion after Raising $711 Million

Posted by - January 14, 2022

Estonian startup Bolt has raised 628 million euros ($711.40 million) from investors led by Sequoia Capital and Fidelity Management and Research Co, taking its valuation to 7.4 billion euros ($8.38 billion). Bolt, a rival of Uber’s ride-sharing and food delivery business, last raised funding in August at a valuation of more than 4 billion euros.

Bolt receives €20m investment from IFC to increase access to mobility services in emerging markets

Posted by - March 5, 2021

Bolt is partnering with IFC, a member of the World Bank Group, to promote access to on-demand mobility services in emerging economies. IFC’s €20 million investment and advisory services will help Bolt expand mobility solutions that create earning opportunities, stimulate small-scale entrepreneurship, and improve access to transportation in Eastern European and African markets. Bolt launched

Bolt expansion move hits 21 cities across Nigeria

Posted by - December 16, 2020

Bolt, a major ride-hailing platform has registered it presence in 21 cities across Nigeria. The expansion move follows its diversification into 10 new cities along with the already existing 11. The move which is in line with Bolt’s vision of providing efficient and affordable rides to millions of Nigerians will now have riders in Akure,

Taxify rebrands to Bolt

Posted by - March 8, 2019

Leading European transportation platform, Taxify, has finalised plans to rebrand for efficiency and movement to Bolt. Fielding questions from journalists on why the company chose to make the change, the CEO and co-founder, Bolt, Markus Villig, said Taxify, being the company’s first product was a taxi dispatch solution launched five years ago with a mission