Planet42, a South African car rental company, raises $100M in equity and debt.
A variety of investors, including Naspers, ARS Holdings, Rivonia Road Capital, and individual investors, contributed $100 million in equity and debt t
A variety of investors, including Naspers, ARS Holdings, Rivonia Road Capital, and individual investors, contributed $100 million in equity and debt to the South African company Planet42, which rents out secondhand automobiles to clients on a subscription basis and purchases them from dealerships. The business intends to swiftly expand and offer a million cars to people who cannot obtain conventional auto finance. It is a component of its plan to solve global transportation inequalities.
Read More..
B2B Tech News | 7 months ago