Indonesian delivery company Go-Jek has invested around $2 million in Pathao, a Dhaka-based ride-sharing platform. Go-Jek made the investment as a part of its “Series A funding”, the first significant round of capital venture financing. Also Read – Demand for Pathao shoots through the roofGo-Jek and Pathao are similar companies and both provide their services through mobile applications. With the investment in Pathao, Go-Jek could spread their business in the international arena. Over 10 start-ups, including Chalo, Sam, Uber, Pathao, Amarbike, Amar Ride, are operating in Dhaka.

Source: Dhaka Tribune November 30, 2017 11:15 UTC