KKR, Warburg Pincus invest in start-up Go-Jek

The funds are betting that use of the bike-ride hailing app will accelerate as Indonesia’s population embraces mobile phones.

KKR, Warburg Pincus invest in start-up Go-Jek

Private equity firms KKR, Warburg Pincus are among the investors in Indonesian motorcycle-hailing app Go-Jek, betting on the swift transformation of the world’s fourth-largest population into a digital nation.

This equity capital raise of over $550 million, which represents the company’s latest round of financing, also came from Farallon Capital and Capital Group Private Markets, as well as existing shareholders and other international investors.

Previous investors include Sequoia India, Northstar Group,...

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