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InDrive, a global mobility and urban services platform, has launched a new venture and merger & acquisition division named New Ventures to allocate up to $100 million in investments to startups within emerging markets. The mobility platform, recognized as the world’s second-largest ridesharing app and taxi app based on global downloads, specifies that these startups should operate in regions such as Latin America, the Middle East and Africa, Southeast Asia, and Central Asia, per its website.