BlaBlaCar, a French technology startup that develops a marketplace for shared travel, announced that it has raised €100 million in a debt financing round. The credit line was provided by BNP Paribas, Société Générale, Citi, JP Morgan, and HSBC. The company has offices in 12 different countries and operates in 22 European nations, along with Russia, Turkey, Mexico, Brazil, and India. BlaBlaCar plans to add train tickets for users in the upcoming year, combining the idea of using trains and carpooling to complete the journey.

BlaBlaCar Raises €100M to Expand Shared Transportation Options

BlaBlaCar is a French technology startup that develops a marketplace for shared travel, connecting passengers with drivers going the same way and sharing the cost of the trip. The platform and application are designed to establish a safe, trust-based community with announced identities and detailed member profiles. The company operates in 22 European nations, as well as Russia, Turkey, Mexico, Brazil, and India.

BlaBlaCar is a French startup that connects passengers with drivers going the same way and shares the cost of the trip.

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BlaBlaCar Raises €100M to Expand Shared Transportation Options

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