In order to offer better alternatives for shared mobility in cities, Bolt, a mobility platform in Africa, with presence in Nigeria, has announced its largest ever funding round that would help it to further scale its existing products and accelerate the transition from owned cars to shared mobility in cities.
Founder and CEO at Bolt, Markus Villig, said: “For decades, cities have been built for cars, not people. That has led to unsustainable traffic, pollution, and loss of public space to parking places. We think this approach is outdated. Country Manager, Bolt Nigeria, Femi Akin-Laguda, said: “Bolt is redefining urban mobility by helping people move seamlessly and helping the environment and the cities grow sustainably. We plan to continue expanding our services in Nigeria and offer a better alternative to move around cities and towns and receive their food. Bolt is an innovative company and with the investment the mission is to ease mobility for every Nigerian.
Scooter-sharing is just one part of Bolt’s suite of mobility and delivery products, which are currently used by more than 100 million customers in 45 countries and over 400 cities across Europe and Africa. Other products also include its ride-hailing service; car-sharing service Bolt Drive; Bolt Food, which enables customers to order meals from restaurants; and Bolt Market, a 15-minute grocery delivery service.
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