The on-demand ride provider plans to expand from France into Central and West Africa following an Allianz and Mobivia-backed funding round.

France-based ride hailing platform operator Heetch collected $38m yesterday in a series B round that included insurance group Allianz and auto servicing and parts provider Mobivia. Mobivia’s Via ID fund and InnovAllianz, a strategic investment vehicle for Allianz, were joined by venture capital firms Felix Capital, Alven and Total Ventures, private equity firm Idinvest Partners…

The rest of this content is only accessible to Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.