Jaguar Land Rover Invests in Ride-Sharing

British-based executive car and luxury SUV firm has taken a stake in SPLT, a ride-sharing service focused on businesses.The company launched in the US in 2015 and already boasts 100,000 users and is now looking to central America and Europe as places for expansion.
“SPLT is a perfect fit for our portfolio, and a hugely exciting business that tackles a universal problem. Making the commute more efficient greatly benefits businesses and their employees,” said Sebastian Peck, Managing Director at InMotion Ventures, Jaguar Land Rover’s venture capital business.