SoftBank, the world’s largest technology investor, and consumer technology. Behemoth Amazon is among the multiple investors that have thrown their hats in the ring to potentially lead a $100 million equity financing round in mobility platform Drivezy. The Bengaluru and Silicon Valley-based startup, which has emerged as the largest two-wheeler self-drive platform in India.
It has been in the market to raise a fresh round of funding that will also include an estimated $400 million in asset financing, as it expands its fleet across the country and prepares to enter overseas markets as well. Additionally, Amazon’s bet on the company is likely to be based on Drivezy’s meta-search platform, Rayy, making it more of a technology play for the Seattle-based company, according to two sources briefed on the developments.