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French mobility-tech company BlaBlaCar has received a significant boost with a 43% increase in share value by Swedish VC firm VNV Global. BlaBlaCar, based in Paris, has secured a $108 million debt line and a €100 million credit line to fuel its growth and acquisition plans before a potential public offering.

French carpooling app BlaBlaCar secures $108 million to "buy other firms and grow larger" after turning first profit. https://t.co/rMq41rIIK5
BlaBlaCar secures €100M credit facility for growth ambitions https://t.co/Vb0ffDlwT0 https://t.co/5f2jgcp0oK
BlaBlaCar, the Paris-based online car-pooling service, has raised a €100 million credit line so it can buy other firms and grow larger before going public https://t.co/ibSuJz5XT3