World · India Bureau
A2B secures $180 million investment from Bodhi Tree in majority stake deal
The transaction values the Indian ride-hailing platform at $350 million, marking a significant capital infusion for the mobility services company. The deal underscores continued investor interest in India's transportation sector.
LSN India ·
A2B, a prominent ride-hailing and mobility services platform, has sold a majority stake to Bodhi Tree in a transaction valued at $180 million. The deal pegs the overall valuation of A2B at $350 million, according to sources familiar with the agreement.
The investment represents a substantial capital infusion for A2B as it competes in India's dynamic mobility services market. The transaction reflects ongoing investor confidence in the region's transportation and logistics sectors, which have seen considerable expansion in recent years.
Bodhi Tree's investment in A2B adds to a growing portfolio of stakes in Indian technology and services companies. The move signals the investment firm's continued focus on the subcontinent's digital economy and consumer-facing platforms.
A2B operates across multiple Indian cities, offering ride-hailing services and other mobility solutions to consumers. The fresh capital is expected to support the company's expansion plans and operational growth across its service areas.