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KKR invests in US based ride-sharing service, Lyft

Global investment firm, KKR, has announced the closing of a primary investment in Lyft, which is a ride-sharing platform in the United States. The investment is part of a $600 million Series G round of funding into the company. Financial details of the transaction were not disclosed. KKR is making the investment through its Next Generation Technology Fund, a fund dedicated to growth equity investment opportunities in the technology, media and telecommunications space.

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